Page 4 - Zero Based Budgeting News Today

Message : Required fields NEW YORK, March 3, 2021 /PRNewswire/ -- Atento S.A. (NYSE: ATTO) ("Atento" or the "Company"), the largest provider of customer relationship management and business-process outsourcing services in Latin America, and among the top five providers globally, today announced its fourth quarter and full-year operating and financial results for the period ending December 31, 2020. All comparisons in this announcement are year-over-year (YoY) and in constant-currency (CCY), un...

The process involves review of the expenditures incurred by every department each year. It considers current expectations. On the basis of this, expenditures are allocated and revenues are estimated for the next period. In other words, it is built around what is needed for the upcoming period, regardless of previous allocations made. The primary objective of it is to reduce unnecessary costs. According to a recent report by KPMG, zero-based budgeting on discretionary spends for the coming 2-3...