Finance and Accounting function has a great deal of interface with the operations function except Finance and accounting can estimate standard cost of a proposed new product or service Finance and Accounting can help determine net present value of a operations improvement project Finance can estimate working capital funds necessary to support inventory decisions in operations Finance can directly determine initial public offering (IPO) decisions based on operations considerations Cross-functional teams in product and process development/design requires all except Operations, Research and Development, Engineering, Marketing, finance and other support functions to cooperate Research and Development teams are separated from all other functions Considers concerns of various departments in design and development of product/process Usually makes the product and process roll-out faster