19 Aug
|
WSNE Consulting
|
Bengaluru
19 Aug
WSNE Consulting
Bengaluru
Key responsibilities for the Consultant will include:
1. Data Collection and Validation
- Extract and consolidate AP data from ERP systems (invoices, payments, supplier master)
- Perform invoice-to-contract matching to validate agreed vs actual payment terms
- Execute data cleansing, standardization, and normalization across multiple data sources
- Validate payment terms against contract repositories and procurement systems
- Establish and maintain single source of truth for payment terms
2. Compliance Monitoring
- Conduct payment cycle analysis (invoice date vs payment date vs agreed terms)
- Calculate and track payment terms adherence % across suppliers, BUs, and regions
- Identify exceptions such as early payments, delayed payments, and non-standard terms
- Perform supplier-level compliance tracking and segmentation (strategic vs tail suppliers)
- Benchmark adherence against Working Capital / WAT (country maximum) guidelines
3. Reporting & Insights
- Develop and maintain interactive dashboards (Power BI/Tableau) for invoicing and payment terms compliance
- Perform trend analysis across regions, categories, suppliers, and time periods
- Generate supplier-level insights to support renegotiation opportunities and working capital improvement
- Prepare management reporting packs and executive summaries
- Enable exception-based management through actionable insights and explicit KPIs
4. Issue Resolution Support
- Track non-compliant transactions (early payment, delays, contract non-compliance) & conduct root cause analysis (process gaps, system issues, supplier constraints, AP errors, etc.)
- Coordinate with Procurement, Finance, & Business stakeholders to resolve issues
- Maintain tracking of exceptions, actions, owners, and resolution timelines
- Support escalation tracking and governance forums to ensure closure of critical issues
5. Governance & Control Framework
- Support development of a standardized governance framework for payment terms adherence along with a
📌 Payment Terms Adherence Reporting (Bengaluru)
🏢 WSNE Consulting
📍 Bengaluru