Anaplan for Zero Based Budgeting
Traditional planning and budgeting systems, and even some newer cloud-based solutions, focus solely on the financial aspects of budgeting. They cannot provide the detailed insights into the operational drivers that managers need when deciding whether to remove an expense.
The Anaplan platform, a purpose-built, cloud-native solution, can enable, support, and execute effective zero-based budgeting (ZBB) methodology–a cost discipline that can help improve resource planning, employee engagement, and organizational collaboration.
Why Anaplan for Zero Based Budgeting?
Create real-time modeling
Create expense models that calculate in real-time, providing timely and proactive cost management.
Drive deeper understanding
Capture detailed drivers of spend, enabling unprecedented visibility and collaboration into how the organization spends across functions and expense categories.
Create models with specific alignment to package owners, allowing full control of costs by providing a full understanding of the needed details to accentuate or correct trends.
Key Challenges and How Anaplan Solves Them
|Common Challenges||Anaplan Capabilites|
|Poor visibility into expense categories||Provide transparency into the detail needed to manage cost packages, taking advantage of institutional knowledge|
|Poor alignment and accountability for cost or cost structure||Create agile models, providing the proper level of detail required by the cost package owners to achieve goals|
|Inability to affect change in trends, due to low visibility of costs at the proper level||Generate flexible and scalable cost models that grow with your business, allowing you to achieve your cost management goals|
|Stagnant margin growth||Connect previously siloed data, enabling cost and revenue matching for stronger margin management|