Sourcing and Procurement Analyst Interview Questions and Answers

P2P stands for Procure-to-Pay and S2P stands for Source-to-Pay.

• P2P involves the entire process from requisition to payment for goods or services.

• S2P involves the entire process from sourcing suppliers to making payments.

• P2P focuses on the transactional aspect of procurement, while S2P focuses on the strategic aspect.

• P2P includes steps like requisition, purchase order creation, goods receipt, invoice processing, and payment.

• S2P includes steps like supplier identification, nego...read more