Everything old is new again? The pressure is on today’s finance leaders as they are challenged to optimize business without spending a ton of money. That’s why industry watchers anticipate that zero-based budgeting could make a comeback. Zero-based budgeting is a method of budgeting in which all expenses must be justified for each new period. The process of zero-based budgeting starts from a “zero base,” and every function within an organization is analyzed for its needs and costs. The major advantages are flexible budgets, focused operations, lower costs, and more disciplined execution. This approach tends to curb what some might consider unnecessary spending. A look at this trend, it’s benefits and potential shortcomings.