A dynamic digital agency in the UK, was known for its creative prowess and innovative digital solutions. However, their ambitious projects often required significant upfront investment, leading to regular VAT refunds. The delay in receiving these refunds was affecting their cash flow and slowing down their creative process.
When the company’s Finance Director, Zoe, discovered Adsum and their Instant VAT Refunds service, she saw a potential solution. The promise of receiving VAT refunds in just 60 minutes seemed like an innovative approach to their cash flow challenge, so she decided to give it a shot.
The shift was dramatic. With Adsum’s help, they started seeing their VAT refunds hit their bank account in an astonishing 60 minutes, a far cry from the typical 5-10 day wait. This had a profound impact on their project schedules. The ability to finance new projects at a faster pace meant they could speed up their creative workflows and deliver results to clients in a shorter timeframe.
The benefits of early VAT refunds extended beyond project timelines. With improved cash flow, they were able to attract and retain top talent in the field, further boosting their creative capabilities. They could also invest more readily in cutting-edge software and technology, keeping them at the forefront of the digital services industry.
Zoe summed up the impact of Adsum’s service on their business, “Adsum’s Instant VAT Refunds service has been a driving force for our growth. It’s not just about the money – it’s about the speed. We can now accelerate our creative process and attract top talent faster. This has been instrumental in our success in the digital services sector.”
