Manuscript Number : GISRRJ236510

Cross-Functional Finance Partnership Models for Strategic P&L and Forecast Ownership in Multinational Supply Chains

Authors(6) :-John Oluwaseun Olajide, Bisayo Oluwatosin Otokiti, Sharon Nwani, Adebanji Samuel Ogunmokun, Bolaji Iyanu Adekunle, Joyce Efekpogua Fiemotongha

In the context of increasingly complex multinational supply chains, traditional finance functions face significant challenges in effectively owning profit and loss (P&L) responsibilities and delivering accurate forecasts. This paper investigates cross-functional finance partnership models that enable strategic P&L and forecasting ownership by integrating finance with operations, sales, and supply chain functions. Drawing on theoretical foundations such as agency theory, contingency theory, and the resource-based view, the study synthesizes literature and case examples from leading multinational corporations to identify key components of successful partnerships. Critical factors include clearly defined roles, robust communication and governance structures, and advanced technology integration, which collectively enhance collaboration, accountability, and data-driven decision-making. The paper further examines common barriers like cultural differences and siloed data, proposing mitigation strategies and an implementation framework. Finally, it highlights emerging research avenues, including AI integration and resilience to global risks. This comprehensive analysis provides actionable insights for multinational companies seeking to transform finance from a transactional function into a strategic business partner within complex supply chains.

Authors and Affiliations

John Oluwaseun Olajide
Lipton, USA
Bisayo Oluwatosin Otokiti
Department of Business and Entrepreneurship, Kwara State University
Sharon Nwani
Bank of Industry – Strategy & Corporate Transformation, Lagos, Nigeria
Adebanji Samuel Ogunmokun
Vaste Limited, Nigeria
Bolaji Iyanu Adekunle
Data Scientist, GSFEN Limited, Nigeria
Joyce Efekpogua Fiemotongha
Independent Researcher, Lagos, Nigeria

Cross-functional finance partnership, P&L ownership, forecasting accuracy, multinational supply chains, integrated business planning, financial governance

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Publication Details

Published in : Volume 6 | Issue 5 | September-October 2023
Date of Publication : 2023-09-12
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 101-114
Manuscript Number : GISRRJ236510
Publisher : Technoscience Academy

ISSN : 2582-0095

Cite This Article :

John Oluwaseun Olajide, Bisayo Oluwatosin Otokiti, Sharon Nwani, Adebanji Samuel Ogunmokun, Bolaji Iyanu Adekunle, Joyce Efekpogua Fiemotongha, "Cross-Functional Finance Partnership Models for Strategic P&L and Forecast Ownership in Multinational Supply Chains", Gyanshauryam, International Scientific Refereed Research Journal (GISRRJ), ISSN : 2582-0095, Volume 6, Issue 5, pp.101-114, September-October.2023
URL : https://gisrrj.com/GISRRJ236510

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