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TREDS BILL DISCOUNTING

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Kunal Mittal

FINANCE OFFICER

585 Points Posted on 12 May 2020

hi, has anybody registered on any treds platform, what is the procedure and which platform is the best. Also, what are the bill discounting rates usually.

Thanks in advance.

Replies (3)

Quick Summary

This discussion explores TReDS (Trade Receivables Discounting System) platforms for businesses needing to discount invoices, particularly those selling to large FMCG companies. Participants are seeking information on the registration procedure, recommendations for the best platforms, and typical bill discounting rates. The need arises as traditional invoice discounting by large buyers has temporarily ceased.

sabyasachi mukherjee

Profession

28261 Points Posted on 15 May 2020

Why do u require this?

Kunal Mittal

FINANCE OFFICER

585 Points Posted on 16 May 2020

I need to get my bills discounted. I mainly sell to big fmcg houses. before lockdown they were discounting the invoices themselves and giving me immediate funds but they have stopped doing so for another month or so.

So, I would need discounting of those invoices.