X

Apliqo Insights: London FP&A Board meeting 2018

One of the key questions was if companies see a new Era for ZBB. We are looking back to a successful meeting with a great audience.

Key insights from the meeting:

  • Around 50% of participants have used or implemented ZBB in their organization. The overall feedback was that the biggest advantage of ZBB is to challenge the status quo, get more insights and reduce cost. The time to implement and the administrative workload is the biggest disadvantage.
  • 60% of the attendees said that they would run ZBB every 2-3 years, while 38% preferred it annually.
  • 70% of the attendees prefer to use ZBB for specific line items (PL & BS) instead of rolling it out for all.
  • Almost 100% agreed that ZBB can be perfectly combined with other best-practice methodologies such as Top Down or Driver-based Planning.

Two very interesting case studies were presented. William Howell (Head of FP&A at Honda UK manufacturing) gave insights on his experience to “Link ZBB and Driver-Based Planning” and Tom Vanoverschelde (Operations Director Finance & Accounting at Capita, formerly responsible for ZBB at Kraft Heinz) talked about his experience at Kraft Heinz and the way how ZBB came part of their DNA.

During the working group sessions attendees discussed and presented the key steps to implement ZBB successfully. The conclusion was that ZBB is a perfect methodology to streamline the organization but due to the workload attendees prefer not to use it every year.

Following overview is a roadmap and illustrates a way how companies can implement ZBB.

The event was hosted and sponsored by the global FP&A Trends partners Apliqo and Michael Page.


Do you want to know more about Apliqo?

Click HERE.


Related Posts

Apliqo UX — May release

Apliqo UX 2023 May release is here and it brings a multitude of exciting new features and improvements that take the application to new heights.

Read More »

More resources

Apliqo UX — May release

Apliqo UX 2023 May release is here and it brings a multitude of exciting new features and improvements that take the application to new heights. From enhanced visualization capabilities to streamlined workflows, this release is packed with advancements across almost every aspect of the product. Let's dive into the key highlights of this release.

Read this article

Gran Turismo 7 + IBM Planning Analytics / TM1 + Apliqo UX — How telemetry is relevant to running a business.

A few words on our recent data experiment with Gran Turismo 7 and how it demonstrates just how powerful Planning Analytics becomes with Apliqo UX.

Read this article
How telemetry is relevant to running a business

Why you should do a forecast post-mortem

Accurate forecasting is a severely underrated skill in modern business and one that you should be looking to improve if you want to maximize the value of your planning and analytics. But the only way to do this is to have a feedback loop where you can look back on the forecast methodologies that you used in the past and assess how they fared when coming up against the uncertainties of the real world. It's for this reason, that a forecast post-mortem can be such an eye-opening component of your FP&A journey.

Read this article

How Apliqo UX streamlines cross-department collaboration

Better collaboration starts with effective communication, not just verbally, but through the way that you visualise and communicate your data. Learn how Apliqo UX can help you improve your data storytelling.

Read this article

Unpacking 5 of the latest trends in business intelligence and analytics – so that you can level up your business

Let’s walk through five key trends to be aware of as you shape your business intelligence and analytics for 2023 and beyond.

Read this article
Unpacking 5 of the latest trends in business intelligence and analytics