Zero Based Costing Services

• Identifying the decision Units
• Making decision Packages
• Ranking decision packages
• Allocating available Resources
• Controlling and Monitoring
• Efficient allocation of resources, as it is based on needs and benefits.
• This approach drives managers to find cost-effective ways to improve activities.
• This approach detects inflated budgets.
• It is useful for service departments because criteria are not always easy to identify.
• It increases staff motivation because it gives them more initiative and responsibility in the decision-making process.
• This approach increases the communication and coordination within the organization about certain decisions.
• This approach identifies and eliminates wastage and out-of-date operations.
• This approach identifies opportunities for outsourcing.
• This approach forces cost centres to link their mission to the related organizational objectives.
• Purchasing training and capability building