Genpact
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
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I applied via Naukri.com
PTP stands for Procure-to-Pay, which is the process of requisitioning, purchasing, receiving, paying for, and accounting for goods and services in a business.
PTP involves the entire cycle of purchasing goods and services, from requisition to payment.
It includes activities such as creating purchase orders, receiving goods, approving invoices, and making payments.
PTP helps streamline the procurement process, improve effi...
Depreciation is the allocation of the cost of an asset over its useful life.
Depreciation is a non-cash expense that reduces the value of an asset over time.
Types of depreciation include straight-line, double declining balance, units of production, and sum-of-the-years-digits.
Straight-line depreciation allocates an equal amount of depreciation expense each year.
Double declining balance method accelerates depreciation in...
I was interviewed in Jun 2024.
It was tough but I made it ... Just stick to your concepts related to AP.
AP stands for Accounts Payable, it is the process of managing and recording all outgoing payments for a company.
AP involves receiving and verifying invoices from vendors
Processing payments to vendors in a timely manner
Reconciling accounts payable transactions
Maintaining accurate records of all transactions
Ensuring compliance with company policies and procedures
Example: Receiving an invoice from a supplier, verifying th...
Reconciliation is the process of comparing two sets of records to ensure they are in agreement and accurate.
Reconciliation involves identifying discrepancies between the two sets of records.
It is commonly used in financial accounting to ensure that the company's financial statements are accurate.
Reconciliation can also be used in other areas such as inventory management and bank statements.
Examples include reconciling ...
3 way match is a process in procurement where the purchase order, goods receipt, and invoice are matched to ensure accuracy.
Involves matching the purchase order with the goods receipt and invoice
Ensures that the quantity, price, and terms on the invoice match the purchase order and goods receipt
Helps prevent overpayment or payment for goods not received
Common practice in accounts payable to verify transactions
In a 3 way match, the purchase order, invoice, and receiving report are checked to ensure they all match.
Purchase order details
Invoice details
Receiving report details
A purchase order is a document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
A purchase order is a legally binding document
It outlines the details of the products or services being purchased
It includes quantities, prices, delivery dates, and terms of payment
It serves as a record of the transaction between the buyer and seller
Direct expenses are costs directly related to producing goods or services, while indirect expenses are costs not directly tied to production.
Direct expenses include raw materials, labor, and manufacturing costs.
Indirect expenses include rent, utilities, and administrative salaries.
Direct expenses can be easily traced to a specific product or service, while indirect expenses support the overall business operation.
Direct...
Indirect expenses are costs that are not directly tied to the production of a specific product or service.
Overhead costs such as rent, utilities, and insurance
Administrative expenses like salaries for non-production employees
Marketing and advertising expenses
Depreciation of assets
Interest on loans
I applied via Company Website and was interviewed in Jul 2024. There were 2 interview rounds.
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Extract based question
I applied via Naukri.com and was interviewed in Nov 2023. There were 2 interview rounds.
SAP FICO is a central component of the SAP ERP solution for financial management, including managing financial data and generating balance sheets.
SAP FICO stands for SAP Financial Accounting and Controlling.
It helps companies manage financial data, track financial transactions, and generate financial reports.
SAP FICO integrates with other modules like Sales and Distribution (SD) and Materials Management (MM) for a comp...
The PTP cycle consists of three main stages: Pre-purchase, Purchase, and Post-Purchase.
Pre-purchase stage involves vendor identification, evaluation, selection, and set-up.
Purchase stage includes purchase requisition and purchase order.
Post-Purchase stage consists of receiving, invoice handling, invoice processing, and payment processing.
A purchase order is a commercial document issued by a buyer to a vendor to request goods or services.
It includes details such as quantity, price, delivery date, and terms of payment.
It serves as a legally binding contract between the buyer and the vendor.
Purchase orders help track and manage purchases, ensuring timely delivery and accurate invoicing.
Examples of purchase order software include SAP, Oracle, and QuickBook
Source documents in P2P cycle include purchase requisition, purchase order, goods receipt note, invoice verification, and payment.
Purchase Requisition: Document requesting the purchase of goods or services.
Purchase Order: Document authorizing the purchase of goods or services.
Goods Receipt Note: Document confirming the receipt of goods.
Invoice Verification: Document verifying the accuracy of the invoice.
Payment: Docume
The three primary stakeholders in P2P are end users, purchasers, and payers.
End users are the individuals who will ultimately use the product or service being purchased.
Purchasers are the ones responsible for selecting and buying the product or service.
Payers are the individuals or entities who will provide the funds for the purchase.
I applied via Naukri.com and was interviewed in Nov 2024. There were 2 interview rounds.
The Aptitude Test session accesses mathematical and logical reasoning abilities
Vlookup is a function in Excel used to search for a value in a table and return a corresponding value from another column.
Vlookup stands for 'Vertical Lookup'
It is commonly used in Excel to search for a value in the leftmost column of a table and return a value in the same row from a specified column
Syntax: =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])
Example: =VLOOKUP(A2, B2:D10, 3, FALSE) - searc...
My day in my previous organization involved analyzing large datasets, creating reports, and presenting findings to stakeholders.
Reviewing and cleaning large datasets to ensure accuracy
Creating visualizations and reports to communicate insights
Collaborating with team members to identify trends and patterns
Presenting findings to stakeholders in meetings or presentations
I possess strong technical skills in data analysis, including proficiency in programming languages, statistical analysis, and data visualization tools.
Proficient in programming languages such as Python, R, SQL
Skilled in statistical analysis and data modeling techniques
Experience with data visualization tools like Tableau, Power BI
Knowledge of machine learning algorithms and techniques
A Pivot Table is a data summarization tool used in spreadsheet programs to analyze, summarize, and present data in a tabular format.
Pivot tables allow users to reorganize and summarize selected columns and rows of data to obtain desired insights.
Users can easily group and filter data, perform calculations, and create visualizations using pivot tables.
Pivot tables are commonly used in Excel and other spreadsheet program...
To find the highest-paid employee in each department, we need to group employees by department and then select the employee with the highest salary in each group.
Group employees by department
Find the employee with the highest salary in each group
Retrieve the employee's name, salary, and department name
I applied via Walk-in and was interviewed in Dec 2024. There were 5 interview rounds.
Logical and reasoning questions.
Introduce the topic area of the report, outlining the purpose of the case study. Summarize the key issues and findings without providing specific details, and identify the theory employed.
posted on 22 Nov 2024
I applied via Campus Placement and was interviewed in Oct 2024. There were 2 interview rounds.
Aptitude has general maths, English and Finance questions very easy and it was a online aptitude test.
Indices are statistical measures used to track the performance of a specific group of assets or market.
Indices are used to provide a snapshot of the overall market or a specific sector.
They are often used as benchmarks for investment performance.
Examples include the S&P 500, Dow Jones Industrial Average, and NASDAQ Composite.
Capital budgeting is the process of planning and managing a firm's long-term investments.
Involves evaluating potential investments and deciding which ones to pursue
Considers factors such as cash flows, risks, and returns
Helps in determining the best allocation of resources for maximum profitability
Examples include building a new factory, purchasing equipment, or launching a new product
I am a dedicated and detail-oriented analyst with a strong background in data analysis and problem-solving.
I have a Bachelor's degree in Statistics and have completed multiple data analysis projects during my studies.
I am proficient in using statistical software such as R and Python for data analysis.
I have experience in conducting market research and creating reports to help businesses make informed decisions.
I applied via Campus Placement and was interviewed in Nov 2024. There were 2 interview rounds.
It comprised of 3 sections
1st section
MCQ round:DSA(bitwise operators), DBMS, Networking.
2nd Section
Essay writing (200 words)
3rd Section
Gaming based cognitive ability test.
Then qualified students had to give SVAR test.
Developed a data analysis tool to track customer behavior and improve marketing strategies.
Utilized Python and SQL to extract and analyze customer data
Implemented machine learning algorithms to predict customer preferences
Collaborated with marketing team to implement targeted campaigns based on analysis
Generated reports and visualizations to present findings to stakeholders
Inheritance is a concept in OOP where a class can inherit attributes and methods from another class.
Inheritance allows for code reusability and promotes the concept of 'is-a' relationship.
A subclass can inherit from a superclass, gaining access to its attributes and methods.
Example: Class 'Animal' can be a superclass, and classes like 'Dog' and 'Cat' can inherit from it.
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