Top 5 risks in P2P, top 5 observation, work experience, Any ne recommendation which is done by us, general questions on SOX and documentation

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Answering top 5 risks and observations in P2P, work experience, SOX and documentation

Top 5 risks in P2P include fraud, errors in data entry, lack of control over supplier data, non-compliance with regulations, and cyber threats
Top 5 observations in P2P include the need for automation, better supplier management, improved data analytics, enhanced controls, and increased transparency
Work experience includes implementing P2P processes, identifying and mitigating risks, and ensuring compliance with regulations and internal policies
Recommendations include implementing a robust supplier onboarding process, conducting regular audits, and leveraging technology to improve efficiency and accuracy
SOX and documentation are critical components of P2P processes and require strict adherence to ensure compliance and mitigate risks

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