The company’s Financial Director, John, knew they needed a solution. That’s when he discovered Adsum and their Instant VAT Refunds service. Intrigued by the promise of receiving VAT refunds in just 60 minutes, John decided to give it a try.
The impact was immediate and transformative. With Adsum, the company started receiving their VAT refunds in just 60 minutes, a stark contrast to the usual 5-10 day waiting period. This had a profound effect on their cash flow management. They could now pay their contractors on time, reducing delays and improving relationships with their key partners.
But the benefits didn’t stop there. The improved cash flow also meant that they could start new projects sooner. They no longer had to wait for VAT refunds to come in before breaking ground on a new project. This increased their operational efficiency and allowed them to take on more projects, leading to a significant increase in revenue.
Furthermore, the early VAT refunds also provided a buffer against unforeseen expenses or project overruns. This added financial stability gave them the confidence to take on larger, more ambitious projects.
John summed up the impact of Adsum’s service on their business, “Adsum’s Instant VAT Refunds service has been a game-changer for us. It’s not just about the money – it’s about the time we save and the efficiency we gain. We can now plan our projects with greater certainty, knowing that our VAT refunds will be in our account within 60 minutes. This has given us a competitive edge and has been instrumental in our growth.”
