Accenture Procure to Pay Manager Interview Questions and Answers

Experienced Procure to Pay Manager with a background in streamlining processes and optimizing vendor relationships.

• Over 5 years of experience in Procure to Pay management

• Skilled in implementing cost-saving strategies

• Strong vendor negotiation skills

• Led a team to successfully automate invoice processing

Implemented end-to-end procure to pay process including vendor selection, purchase order creation, invoice processing, and payment reconciliation.

• Implemented automated procurement system to streamline vendor selection process.

• Established standardized purchase order creation process to ensure accuracy and compliance.

• Implemented electronic invoicing system to expedite invoice processing.

• Developed robust payment reconcili...read more

Experienced Procure to Pay Manager with a strong background in streamlining processes and optimizing vendor relationships.

• Over 8 years of experience in procurement and accounts payable

• Implemented cost-saving initiatives resulting in 15% reduction in expenses

• Led cross-functional teams to improve efficiency and accuracy in the procure to pay process

Golden Rules of Accounting are basic principles that guide the process of recording financial transactions.

• There are three Golden Rules of Accounting: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

• These rules ensure that every transaction is recorded accurately and consistently.

• For example, when a company receives cash from a customer...read more