Procure To Pay Operations Associate

Skill required: Procure to Pay - Invoice Processing

Designation: Procure to Pay Operations Associate

Qualifications:Any Graduation

Years of Experience:1 to 3 years

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com

What would you do? You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data/reports, whilst conducting analysis and reconciling transactions. Procure to Pay is the process of managing the entire purchasing cycle from ordering goods and services to making the final payment. It includes steps like requisitioning, purchasing, receiving, invoicing, and payment processing. The goal is to ensure efficient and accurate procurement and payment activities. This process helps in maintaining good supplier relationships and controlling costs. Effective Procure to Pay systems streamline operations and improve financial management. keyword includes:- ("Invoice Processing", "PO & Non PO","Vendor Payament","Master Data Managemet", "Vendor Management", "Accounts Payable") Refers to the systematic handling and management of incoming invoices within a business or organization. It involves tasks such as verifying the accuracy of the invoice, matching it with purchase orders and delivery receipts, and initiating the payment process. Automated systems and software are often employed to streamline and expedite the invoice processing workflow, improving efficiency and reducing the likelihood of errors.

What are we looking for?

• A bachelor’s degree or equivalent
• 2 years of experience in Procure To Pay Operations
• SAP experience a plus
• Exposure to Procure To Pay operations life cycle including knowledge of Procure To Pay systems, PO creation and processing, contracting, and supplier invoicing
• Exceptional multi-tasking skills
• Proficiency with Excel and Access
• Excellent communication, organization/time management and problem solving skills
• Project management skills Roles and Responsibilities:
• Vendor Master data Management
• Create, update, and maintain vendor records in the ERP/finance system.
• Validate vendor information (bank details, tax IDs, contact information) to ensure accuracy and compliance.
• Conduct periodic audits of vendor master data to eliminate duplicates and outdated records.
• Collaborate with Procure To Pay and compliance teams to onboard new vendors.
• Create, update, and maintain vendor records in the ERP/finance system.
• Validate vendor information (bank details, tax IDs, contact information) to ensure accuracy and compliance.
• Conduct periodic audits of vendor master data to eliminate duplicates and outdated records.
• Collaborate with Procure To Pay and compliance teams to onboard new vendors. Invoice Management
• Process vendor invoices in line with company policies and payment terms.
• Verify invoice details against purchase orders and contracts.
• Resolve discrepancies between invoices, purchase orders, and receipts.
• Ensure timely approvals and payments to vendors.
• Support month-end and year-end closing activities by reconciling accounts payable. Vendor Queries
• Act as the primary point of contact for vendor inquiries regarding payments, invoices, and account status.
• Investigate and resolve vendor issues promptly to maintain strong relationships.
• Provide clear communication on payment schedules, delays, or disputes.
• Document and track queries to identify recurring issues and recommend process improvements.
• Process vendor invoices in line with company policies and payment terms.
• Verify invoice details against purchase orders and contracts.
• Resolve discrepancies between invoices, purchase orders, and receipts.
• Ensure timely approvals and payments to vendors.
• Support month-end and year-end closing activities by reconciling accounts payable.
• Act as the primary point of contact for vendor inquiries regarding payments, invoices, and account status.
• Investigate and resolve vendor issues promptly to maintain strong relationships.
• Provide clear communication on payment schedules, delays, or disputes.
• Document and track queries to identify recurring issues and recommend process improvements., Any Graduation