The current global economic instability means firms have to quickly adapt to business conditions. This uncertainty may increase companies’ reliance on business alliances to provide as-needed skills, services, and products. To optimize these alliances, finance should enter the discussion as early as possible. Find out where finance’s true value lies when realigning strategic objectives to include business collaboration.
business process collaboration
and procurement agreements to business process outsourcing to alliances and joint ventures in sales and marketing, R&D, and production and delivery. In June 2008, CFO Research Services (a unit of CFO Publishing Corp.) conducted a research program among senior finance executives in the United States, Europe, Asia, and Australia to examine these shifts. Through an electronic survey and a series of interviews in each region, we looked at what kinds of alliances companies are forming, and how finance sees its