Genpact Process Developer Interview Questions, Process, and Tips

Q1. Tell me about your self
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Q2. What is your expected salary
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Q3. Are you relocate and Aru you interest to work on US shift
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Q4. Why you leave current company
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Q1. What is PTP process cycle
Ans. 
PTP process cycle refers to the Purchase-to-Pay process cycle which involves the procurement of goods and services.
• PTP process cycle involves the entire procurement process from identifying the need for goods or services to payment to the supplier.

• The cycle includes steps such as requisition, purchase order creation, goods receipt, invoice verification, and payment processing.

• The process aims to ensure that the organiz...read more
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Q2. What is PO & NPO & 2 way & 3 way matching
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PO stands for Purchase Order, NPO stands for Non-Profit Organization. 2-way matching is the process of comparing the purchase order and invoice, while 3-way matching involves comparing the purchase order, invoice, and receiving report.
• PO is a document issued by a buyer to a seller, specifying the details of goods or services to be purchased

• NPO is an organization that operates for purposes other than making a profit

• 2-wa...read more
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Q3. What is Depreciation
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Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence or other factors.
• Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet

• It is calculated using various methods such as straight-line, declining balance, and sum-of-the-years' digits

• Examples of assets that can be depreciated include buildings, vehicles, machinery, and equipment
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Typing online Speed test was the last round

Q1. Manager round asking about previous company experience.
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Q2. What is depreciation?
Ans. 
Depreciation is the allocation of the cost of a tangible asset over its useful life.
• Depreciation is a non-cash expense that reflects the decrease in value of an asset over time.

• It is used to spread the cost of an asset over its useful life for accounting and tax purposes.

• Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

• Examples of depreciable assets inc...read more
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Q3. What is Amortization?
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Amortization is the process of spreading out the cost of an intangible asset over its useful life.
• Amortization is similar to depreciation, but it is used for intangible assets such as patents, copyrights, and trademarks.

• It helps in reflecting the gradual consumption or expiration of the asset's value over time.

• The amortization expense is recorded on the income statement and reduces the asset's carrying value on the bal...read more
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Q4. What do you know about order to cash?
Ans. 
Order to cash is the process of receiving and processing customer orders, invoicing, and receiving payment.
• Order to cash involves all the steps from order entry to payment collection

• It includes order processing, invoicing, credit management, and collections

• Efficient order to cash process improves cash flow and customer satisfaction
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English versant Test of 55 minutes

Q1. What do you know about Genpact?
Ans. 
Genpact is a global professional services firm that provides business process outsourcing and digital transformation services.
• Founded in 1997 as a business unit of General Electric, later becoming an independent company in 2005

• Headquartered in New York City, with operations in over 30 countries

• Offers services in areas such as finance and accounting, procurement, analytics, and customer service

• Known for its expertise in...read more
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Q2. Who is the CEO of Genpact?
Ans. 
Tiger Tyagarajan is the CEO of Genpact.
• Tiger Tyagarajan has been the CEO of Genpact since 2011.

• He has played a key role in driving Genpact's growth and transformation.

• Under his leadership, Genpact has expanded its global footprint and diversified its service offerings.
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Q3. What is your salary expectation?
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Q4. Tell me about youself
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Q5. Tell me your strengths
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Q6. Tell me your weakness
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Q7. Where do you see yours five years from now
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Q8. What great did you achieve in your last company
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Q9. Are you comfortable working from office
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Q1. Basic question like, Tell me about yourself? What is p2p cycle?
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Q1. What is Credit note? What is Vendor Debit note? What is p2p cycle? Accounting golden rules. Accrued expense, Outstanding balance, invoice processing entry.
Ans. 
Credit note is a document issued by a seller to a buyer reducing the amount owed, while Vendor Debit note is a document issued by a buyer to a seller for overbilling or return of goods.
• Credit note reduces the amount owed by the buyer to the seller.

• Vendor Debit note is issued by the buyer to the seller for overbilling or return of goods.

• P2P cycle refers to the Procure-to-Pay cycle in which goods or services are procured...read more
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Q1. What is Amortization entry
Ans. 
Amortization entry is the process of spreading out the cost of an intangible asset over its useful life.
• Amortization entry is used to allocate the cost of intangible assets such as patents, copyrights, and trademarks over time.

• It helps in matching the expense of the asset with the revenue it generates.

• The entry typically involves debiting the amortization expense account and crediting the accumulated amortization accou...read more
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Q2. What is Golden rule of accounting
Ans. 
The golden rule of accounting states that debit what comes in and credit what goes out.
• Debit what comes in and credit what goes out

• Assets = Liabilities + Equity

• Helps maintain the balance in accounting transactions
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