Equinox Labs Procurement Manager Interview Questions and Answers

3 way matching is a process of matching three documents - purchase order, invoice and receiving report - to ensure accuracy of payment.

• Three documents - purchase order, invoice and receiving report - are matched to ensure accuracy of payment.

• The purchase order is matched with the receiving report to confirm that the goods have been received.

• The invoice is matched with the purchase order and receiving report to confirm ...read more

AP cycle is Accounts Payable cycle which involves processing of vendor invoices and making payments. P2P cycle is Procure to Pay cycle which involves procurement of goods and services and making payments.

• AP cycle includes receiving invoices, verifying them, recording them in the system, and making payments to vendors.

• P2P cycle includes identifying the need for goods or services, selecting vendors, creating purchase ord...read more

I am open to discussing a fair and competitive salary based on the responsibilities and requirements of the position.

• I am flexible and willing to negotiate based on the company's compensation structure

• I am looking for a salary that is commensurate with my experience and skills

• I am open to discussing additional benefits such as health insurance, retirement plans, and vacation time

• I have researched the industry standard ...read more