Opet Fuchs,
Zero-Based Budgeting Project
Opet Fuchs, has adopted a culture of repeatable cost and performance
management with a specific process to create a sustainable structure.
The Project:
- Providing a single, fully integrated and common platform.
- Creating a budget base by establishing strategic priorities.
- Developing faster performance improvement strategies by tracking costs across the company.
- Ensuring instant results for reinvestment decisions and determining savings policies.
Achievements:
- Ensuring monthly monitoring and expense control with simultaneous access to data by all budget users.
- Preventing manual errors and managing budget processes more easily with digitalization.
- Transparent and deep visibility into what drives expenses with consistent classification.
- Tracking and double-checking of each budgeted expense item with the expense category ownership mechanism.
