TReDS: Its Working Process & Its Benefits

How We Works? 

The process of bill discounting initiates with uploading of a valid invoice by the Supplier or Buyer depending on the type of factoring is opted. Primarily there are two ways how Invoice discounting on TReDS work:

1. Factoring: Supplier bearing the interest 
2. Reverse Factoring: Buyer Bearing the interest

Factoring Process - 

Reverse Factoring Process –

Benefits of M1xchange TReDS Platform:

• Bank Agnostic
• Large Expertise in Vendor Life-cycle Management
• End to End process automation with connectivity to ERP & Tally
• Vision & Potential for expansion in other trade products & international markets
• Extensibility, Usability & Scalability of Product

Reference — https://m1xchange.com/thought-xchange/2019/11/06/treds-how-it-works-and-why-should-you-use-it/