Tax optimization and cash flow in a textile SME
Client
Spanish textile SME
Sector
Textile and fashion
Annual tax burden
Cash flow
Monthly accounting close
The challenge
The company operated with an inherited tax structure and no real visibility of its treasury. Accounting closings arrived weeks late, the tax burden grew year after year, and investment decisions were made without up-to-date cash flow data.
The solution
We integrated a part-time CFO into the management team. We redesigned the tax structure within the legal framework, implemented a real-time treasury dashboard and established a monthly closing calendar with clear indicators for management.
The result
In the first full fiscal year the company legally reduced its tax burden by 18%, improved its cash flow by 25% and went from delayed quarterly closings to monthly closings within 5 working days.