Nexdigm Accounts Payable Associate Interview Questions and Answers

2 way match p2p process is a method of matching purchase orders and invoices to ensure accuracy and prevent fraud.

• The process involves comparing the purchase order to the invoice to ensure that the correct items were received and billed for.

• This helps to prevent overbilling or underbilling, as well as catching any discrepancies or errors.

• For example, if a purchase order was made for 100 units of a product, but the invo...read more

3 way match is a process in accounts payable where the purchase order, receipt, and invoice are matched to ensure accuracy.

• The purchase order, receipt, and invoice are compared to ensure that the goods or services were received and billed correctly.

• This process helps prevent overpayment or underpayment to vendors.

• For example, if a company orders 100 units of a product, receives 90 units, and is billed for 100 units, th...read more