Accenture Procurement Analyst Interview Questions, Process, and Tips

Accounts payable, procurement operations, invoice processing, procure to pay, procurement

Strategic sourcing, purchase, purchase order, vendor payments, p2p

Vendor development, material management, supply chain

Q1. Why are you looking for a change?
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Q2. Tell me about yourself.
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Q3. What are your strengths and weaknesses?
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Q4. What was the toughest subject in your college or school days and how you overcome that subject?
Ans. I smiled and replied, without hesitation the subject was Income Tax ,initially i really started to scare when one normal problem itself takes 15 to 25 minutes to solve and that damn book have 315 pages , i myself let down and ready for malprcte in the exmhall, but At onetime i just had an idea , is the problem is with us or with the problem!! Lol,, okay, so to overcome this i need a exprnce partner which is news and yo...read more
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Q5. While doing final project in college as a group how you manage to solve the different opinions arise by your different friends and how u completed your prjct?
Ans. Basically , I have leadership skill because i was the captain in my basketball team, and i took the role of chairman in my college days , so that wouldn't be a problem for me to solve those things..if they given their opinion first you have to respect and be their side with their opinion and after sometime u have to spoke the disadvantage of the opinion in a tactic manner , so that u can avoid some internal confusion i
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Q1. Tell me about yourself?
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Analytics and accounts based questions

Q1. Basic Accounting Questions
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Q1. Basics of Procurement & Buying
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Q2. What is Procurement
Ans. 
Procurement is the process of acquiring goods or services from external sources.
• Involves sourcing, negotiating, and purchasing goods or services

• Focuses on obtaining the best quality products at the most competitive prices

• Includes supplier relationship management and contract management

• Examples: Request for Proposal (RFP), Request for Quotation (RFQ), vendor selection
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Q3. What is Sourcing
Ans. 
Sourcing is the process of finding, evaluating, and selecting suppliers to provide goods or services.
• Sourcing involves identifying potential suppliers

• Evaluating suppliers based on criteria such as quality, price, and reliability

• Negotiating contracts and terms with selected suppliers

• Managing relationships with suppliers to ensure ongoing supply chain efficiency

• Examples: Request for Proposal (RFP), Request for Quotation
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Q4. What is the Volume of transactions handeled in a day
Ans. 
The volume of transactions handled in a day varies depending on the size and complexity of the organization.
• The volume of transactions can range from a few dozen to thousands per day.

• Factors such as the industry, size of the organization, and procurement processes can impact the volume of transactions.

• For example, a small company may handle 50 transactions per day, while a large corporation may handle thousands.

• Efficie...read more
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Q1. Basic details regarding self
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Q1. Screen and basic questions on your resume
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Q1. Tell me about yourself.
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Q2. What are your salary expectations?
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Q3. Share details of your previous job.
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Q4. Why are you looking for a change?
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Q5. Asked Job specific keywords - if I have experience about them.
Ans. P2P, procurement, Global sourcing, stakeholder management
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Q6. Asked current CTC & expected CTC
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Q1. Explain P2P cycle, SAP TCodes used in P2P cycle, what is strategic sourcing, what is tactical sourcing
Ans. 
P2P cycle involves procurement process from requisition to payment. SAP TCodes used are ME21N, ME59N, MIRO, etc. Strategic sourcing is long-term planning for procurement while tactical sourcing is short-term execution.
• P2P cycle includes requisition, purchase order, goods receipt, invoice verification, and payment

• SAP TCodes used in P2P cycle include ME21N for creating purchase order, ME59N for automatic creation of purc...read more
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Q1. Discussion on Salary & notice period
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