Gi Group Interview Questions and Answers

Effective change management involves clear communication, stakeholder engagement, and adaptive strategies to ensure smooth transitions.

• Establish a clear vision: Define the purpose and benefits of the change to align the team.

• Engage stakeholders: Involve key stakeholders early to gather input and foster buy-in.

• Communicate transparently: Regular updates and open channels for feedback help mitigate resistance.

• Provide...read more

Yes, I do drive a bike for commuting to work and for leisure.

• I use my bike for commuting to work to avoid traffic congestion.

• I also enjoy riding my bike on weekends for leisure and exercise.

• I make sure to follow all traffic rules and wear appropriate safety gear while riding.

AR stands for Accounts Receivable, which refers to the money owed to a company by its customers for goods or services provided on credit.

• AR represents the amount of money that customers owe to a company for goods or services purchased on credit

• It is an important aspect of a company's financial health and cash flow management

• AR is typically recorded as a current asset on the balance sheet until it is collected

• Monit...read more

Cash application is the process of recording and applying incoming payments to the correct customer accounts in the accounting system.

• Cash application involves matching received payments to invoices or accounts receivable records.

• It ensures that payments are accurately recorded and applied to the correct customer accounts.

• Automated cash application software can streamline the process and reduce manual errors.

• Recon...read more

OTC cycle refers to Order to Cash cycle, which is the process of receiving and processing customer orders to receiving payment.

• OTC cycle involves receiving customer orders, processing them, fulfilling the orders, and receiving payment.

• It includes steps like order entry, order fulfillment, invoicing, and payment collection.

• Efficient OTC cycle management is crucial for maintaining positive cash flow and customer sat...read more