Conduent Procurement Specialist Interview Questions and Answers

Tools used in procurement include e-procurement systems, contract management software, and supplier relationship management tools.

• E-procurement systems help streamline the purchasing process by automating tasks such as supplier selection, order processing, and invoice management.

• Contract management software assists in creating, storing, and managing contracts with suppliers, ensuring compliance and reducing risks.

• Suppl...read more

Conversion for USD transactions is typically done using the current exchange rate.

• USD transactions are converted using the current exchange rate set by the financial markets.

• The conversion rate may fluctuate daily based on market conditions.

• Some companies may use a specific exchange rate for consistency in their financial reporting.

• Currency conversion can be done manually or automatically using financial software.

• For e...read more