Assistant Vice President, Source to Pay, GPO
Genpact
5 - 10 years
Noida
Posted: 17/12/2024
Job Description
Responsibilities
Define and maintain the end-to-end Source-to-Pay (S2P) process, ensuring standardization across all regions and functions.
Establish and enforce process ownership, accountability, and decision-making frameworks
Drive the adoption of best practices and emerging trends within the S2P domain and Spend Analytics
Lead transformational initiatives aimed at optimizing procurement, sourcing, and payment processes to achieve strategic objectives.
Act as a key stakeholder in implementing digital solutions, automation, and AI-driven innovations to enhance efficiency.
Monitor industry benchmarks and identify opportunities for process enhancements.
Foster a culture of continuous improvement by implementing Lean, Six Sigma, or similar methodologies.
Collaborate with cross-functional teams, including procurement, finance, operations, and IT, to align on strategic goals.
Act as the liaison between business units and technology teams to ensure seamless integration and adoption of solutions.
Ensure compliance with global policies and regulations while adapting processes to regional and local requirements.
Measure process performance using KPIs and SLAs, analyzing gaps, and ensuring timely resolution.
Identify and mitigate risks associated with the S2P process, such as supplier disruptions, compliance issues, or payment delays.
Develop a robust framework for fraud prevention, contract adherence, and governance.
Oversee the implementation and optimization of technology platforms like SAP Ariba, Coupa, or other S2P tools.
Ensure seamless integration of tools into existing ERP systems and workflows.
Develop training materials and conduct workshops to build process understanding and capabilities across teams.
Serve as a knowledge repository for all S2P-related processes and tools.
About Company
Genpact is a global professional services firm that offers a wide range of digital transformation services and solutions. With a presence in over 30 countries, Genpact leverages its deep domain expertise in operations and analytics to help businesses transform their operations, improve efficiency, and enhance customer experience. The company combines digital technology, data science, and operational excellence to deliver business outcomes across various industries, including banking, insurance, manufacturing, and healthcare. Founded in 1997 as a subsidiary of GE, Genpact has grown into an independent, NYSE-listed company with a diverse workforce of over 90,000 employees globally.
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