The modern CFO needs to keep up with change—also known as becoming a 'strategic business partner'—while still delivering on core accountabilities. But sometimes, it's tough to focus on becoming a strategic business partner while still doing all this other stuff.

CFOs can cope by creating a flexible infrastructure that reacts to an ever-changing environment. They need a platform that doesn't compromise between scalability and control. Governance, risk and compliance (GRC) processes and capabilities need to be embedded within core ERP software, IT infrastructure and organisational culture. Effective GRC needs to evolve as requirements do.

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