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5 Common Cash Flow Management Mistakes to Avoid Cash flow means the inflow and outflow of funds that are necessary for a firm to function efficiently. Even though there are other business aspects, including sales and manufacturing, that companies have to look after, they still should not overlook cash flow management . This is because the success of a company depends heavily on its ability to manage its finances, particularly the flow of cash. There are five common mistakes that business owners make while managing their cash flow. These mistakes will obviously seriously impair the ability of any company to run its business operations smoothly. In this blog, those commonly made mistakes that the companies need to avoid are mentioned below: ·        Lack of Frequent Cash Flow Monitoring Keeping track of all the data that businesses create may be stressful for business owners. However, there may be serious issues later if cash flow is not routinely m...

  Trade Receivables electronic Discounting System (TReDS) TReDS (Trade Receivable Discounting System) is a digital platform designed to help Indian MSMEs and businesses improve their cash flow by facilitating the discounting of their trade receivables . This system provides a more efficient and transparent way for businesses to access working capital, ultimately boosting their financial health and growth potential. Here, trade receivables mean the sum that clients owe a company for offered products or services that have not yet been paid for. In this blog, the discussion of the TReDS platform will continue in greater depth. How Does TReDS Operate? Uploading Invoices : Sellers, who are frequently MSMEs, submit invoices to the TReDS platform . Invoice Verification : The platform verifies the validity and eligibility of the invoices. Invoice Discounting: When a factoring company purchases these suppliers' invoices at a reduced price, the sellers get immediate ...