WNS Senior Associate Interview Questions, Process, and Tips

Procurement is the process of acquiring goods or services from an external source.

• Procurement involves identifying the need for goods or services

• It includes selecting suppliers, negotiating contracts, and placing orders

• Procurement also involves managing supplier relationships and monitoring performance

• Examples of procurement include purchasing office supplies, hiring contractors for construction projects, and outsourci

GL stands for General Ledger. It is a record-keeping system that contains all financial transactions of a company.

• GL is used to track and manage financial transactions such as sales, purchases, and expenses.

• It helps in creating financial statements like balance sheets and income statements.

• GL is an important part of accounting and financial management.

• Examples of GL software include QuickBooks and SAP.

• GL accounts are c...read more

Receivables refer to the money owed to a company by its customers for goods or services provided on credit.

• Receivables are recorded as assets on a company's balance sheet.

• They represent the amount of money that a company expects to receive from its customers.

• Receivables can be short-term or long-term depending on the payment terms agreed upon with the customer.

• Examples of receivables include outstanding invoices, loans...read more