Case Study
Project Management Consulting
120-150 staff | €10m-€50m revenue
1. The Challenge
This established consultancy had a functioning finance team and an existing accountancy firm, but the leadership team was frustrated by a lack of proactivity on financial matters. Queries went unanswered, and no one was looking closely at whether the numbers were actually right.
2. What We Did
- Conducted a detailed VAT review covering several prior years, cross-checking all sales and purchase transactions against the applicable VAT treatment.
- Identified a significant VAT overcharge on a specific category of supply where VAT should not have been applied, resulting in a recoverable overpayment.
- Replaced a costly employee expenses app with Revolut Business, introducing prepaid debit cards with individual spending limits and mandatory receipt capture, significantly improving cost control and reducing the administrative burden.
- Arranged an invoice finance facility with AIB, enabling the company to draw down approximately 80% of the value of each invoice on the day it was issued, rather than waiting 30 days for client payment.
- Introduced monthly management accounts and a bespoke KPI dashboard, giving the senior leadership team timely visibility of performance by team and service line.
3. The Outcome
The VAT review alone recovered €90,000 in overpaid VAT. The invoice finance facility transformed cash flow, removing the recurring capital pressure that came with growth. Management reporting gave the owners the data they needed to hold teams accountable and make faster, better decisions.
€90k
VAT refund recovered
80%
Invoice value drawn on day of issue
Monthly
KPI reporting Cadence

