In the TReDS process, the counterparty accepts the factoring unit before financiers bid to fund it.
In practice
A supplier’s invoice record and the buyer’s acknowledgement are different steps. The distinction matters when tracing a delayed payment.
In the TReDS process, the counterparty accepts the factoring unit before financiers bid to fund it.
A supplier’s invoice record and the buyer’s acknowledgement are different steps. The distinction matters when tracing a delayed payment.