" Zero-Based Budgeting "
Zero-based budgeting supports large-scale transformation by freeing up resources to drive growth and innovation, allowing organizations to fundamentally change what they do and how they work. PCS zero-based budgeting consultants help clients identify the good costs from the bad costs and realign resources to invest in growth, profitability, sustainability, trust and this approach in a culture of cost-consciousness.
A zero-based mindset means starting from scratch and building up to what your costs should be, based on the outcomes you want. This is a modern alternative to the practice of examining past results and incrementally carving out costs. PCS can bring cost optimization, and it is bringing significance to the budgeting to clients. PCS helps in setting up right targets which can lead to improved business performance, operating efficiency and it also brings accountability and brings a sense of ownership in the system across all functional teams for the clients.
How PCS Work
Zero-Based Imposed Budgeting
PCS Zero-Based Imposed budgeting is a top-down process help clients to set a goal that they set for the future. PCS follow the goals and impose budget targets for activities and costs. PCS helps if a company is in a turnaround situation where clients need to meet some difficult goals, but there might be very little goal congruence.
Zero-Based Negotiated Budgeting
PCS Zero-Based Negotiated budgeting follows a combination of both top-down and bottom-up budgeting methods. PCS helps understand Clients the outline some of the targets they would like to hit, but at the same time, there is shared responsibility for budget preparation between managers and employees. This increased involvement in the budgeting process by lower-level employees may make it easier to adhere to budget targets.
Zero-Based Participative Budgeting
PCS Zero-Based Participative budgeting allows a roll-up approach where employees work from the bottom up to recommend targets to the Clients. PCS provide some input, but they take the recommendations as given by department managers and other employees (within reason, of course). PCS makes client Operations that are treated as autonomous subsidiaries and are given a lot of freedom to set up the budget.
Zero Based Supply Chain
PCS helps client to manage cost of goods sold based on price, performance and value engineering, then optimize products and services accordingly.
Come Work with PCS, To Build your future
PHONETIC CONSULTING SERVICES INC.
Phonetic consulting services, Inc is an IT Consulting, Staffing and managed service provider. With technology moving ever faster, it takes a lot to figure out the value tech might bring to your business.
