What is SAP assurance and compliance software in SAP BV-ANALYTICS-NEW - Brand Voice - Analytics?

SAP Term: SAP assurance and compliance software

• Component: BV-ANALYTICS-NEW

• Component Name: Brand Voice - Analytics

• Description: A bundle of software comprising the SAP Audit Management, SAP Business Integrity Screening, SAP Business Partner Screening, and SAP Tax Compliance applications. The individual applications are powered by SAP HANA.

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• Key Concepts: 
  SAP assurance and compliance software is a suite of tools designed to help organizations ensure that their processes and operations are compliant with applicable laws and regulations. It provides a comprehensive set of features to help organizations identify, assess, and manage risks associated with their operations. It also helps organizations monitor their compliance status and take corrective action when needed. 
  
  How to use it: 
  SAP assurance and compliance software can be used to identify potential risks associated with an organization’s operations. It can also be used to assess the impact of those risks on the organization’s operations. Once identified, the software can be used to develop strategies for mitigating those risks and ensuring compliance with applicable laws and regulations. 
  
  Tips & Tricks: 
  When using SAP assurance and compliance software, it is important to ensure that all relevant stakeholders are involved in the process. This includes legal counsel, internal auditors, and other experts who can provide valuable insight into the organization’s risk management strategy. Additionally, it is important to regularly review the software’s output to ensure that it is up-to-date and accurate. 
  
  Related Information: 
  SAP assurance and compliance software is part of the BV-ANALYTICS-NEW Brand Voice - Analytics suite of tools. This suite of tools provides organizations with a comprehensive set of features for managing their risk management strategies. Additionally, SAP offers a range of other products and services related to risk management, including SAP Risk Management Solutions, SAP Risk Analysis Solutions, and SAP Compliance Solutions.