Shifting chaos to calm while keeping laser-focused on compliance
The Brilliant Muse team brings organization with legal and financial compliance to a fast-growing company to mitigate risk.
American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods.
Numerous acquisitions in short time frame
High risk - lack of financial and legal compliance
Huge scale with limited tracking tools or processes - large multi-million consolidated budget, 20+ cost centers, 20+ budget owners
Brilliant Muse developed a foundational framework with that paired rigor with a strong program management team to align with finance and legal. This foundation was so successful that the client adopted this model internally with employee resources. The framework included:
Documented Process for successful onboarding new companies via acquisition
Rules of Engagement for improved stakeholder management
Vendor Management Program so that budget owners found best-in-class suppliers easily, projects kicked off sooner, and suppliers were informed and paid
Product Requirement Doc (PRD) and participation in exploration of 3rd party tool solutions
End-to-End Process with accountability: from budget allocation to legal contracts to financial reporting to vendor payment
Finance and Legal Compliance Global Training
Budgets by cost center managed within +/-3% quarterly allocation
100% contract approval rate plus huge increase in overall compliance
Acquired companies onboarded within one quarter and compliant with legal and financial requirements