TReDS: Its Working Process & Its Benefits
1 min readJan 29, 2020
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:
- Factoring: Supplier bearing the interest
- 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/