Novo Nordisk Interview Questions and Answers

Q1. What is the P2P (Procure to Pay) cycle?
Ans. 
The P2P cycle encompasses the entire process of acquiring goods and services, from requisition to payment.
• 1. Requisition: Identifying the need for goods/services and creating a purchase requisition.

• 2. Purchase Order: Converting the requisition into a purchase order sent to the supplier.

• 3. Receipt of Goods/Services: Receiving the ordered items and verifying them against the purchase order.

• 4. Invoice Processing: Supplier...read more
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Q2. What is a vendor statement, and why is it important?
Ans. 
A vendor statement is a financial document detailing transactions between a vendor and a buyer, crucial for reconciliation.
• Provides a summary of all transactions over a specific period, helping to track payments and outstanding balances.

• Facilitates reconciliation of accounts by comparing vendor statements with internal records.

• Helps identify discrepancies or errors in billing, ensuring accurate financial reporting.

• Exam...read more
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Q3. Describe a time when you had to resolve a discrepancy on an invoice?
Ans. 
Resolved an invoice discrepancy by investigating the issue, communicating with vendors, and ensuring accurate billing.
• Identified a discrepancy between the invoice and the purchase order during a routine review.

• Contacted the vendor to clarify the charges and discovered an error in the billing amount.

• Collaborated with the finance team to gather supporting documents and verify the correct amounts.

• Negotiated with the vendo...read more
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Q1. What is the P2P (Procure-to-Pay) cycle?
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Q2. What is a vendor statement and why is it important?
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GD was with 2 team members and a director level person. Technical questions were asked by both team members which were around project management and fairly easy. Director level person, however, was more of a rude personality manager whose choice of interviewing involved asking a question and then interrupting the answer saying you should use only a single word. Question was "tell me about a time you had to deal with opposing ideas in a group setting". Considering the fact that I both worked and conducted sprints, this was right up my alley. I obviously went in for explaining the event using the STAR method (as the question itself was tell me about a time?) but she was adamant about a word. So i said what word i thought best and proceeded to explain event and then it was another question and another argument. 0 interest in hearing out my actual answer to that question. As this company is similar to my previous organization, I thought i will be patient during interview but she was only interested in arguing throughout. No semblance of interviewing, just plain brash rudeness and tyrant like behavior. 0/10 for interview, do not interview with this team or work under/for this person clearly. Employers need to get these egotistical directors in line who do not even understand how to conduct an interview or even have basic sense when talking with a stranger

Given case .. dove iy

Q1. Why do you want to join this organization?
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Q1. Salary how much u
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