A digital platform called TReDS (Trade Receivable Discounting System) was created to assist Indian MSMEs and other companies in increasing their cash flow by making it easier for them to discount their trade receivables.
Businesses can obtain working capital more effectively and transparently thanks to this approach, which eventually improves their financial stability and expansion prospects. In this context, trade receivable meaning is the amount that customers owe a business for goods or services rendered but not yet paid for.
This blog post will explore what the TReDS platform means in detail.
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