What is SAP Watch List Screening in SAP (BV-ANALYTICS-NEW - Brand Voice - Analytics)?

SAP Term: SAP Watch List Screening

• Component: BV-ANALYTICS-NEW

• Component Name: Brand Voice - Analytics

• Description: SAP Watch List Screening is a Software-as-a-Service application, running on SAP BTP – Cloud Foundry. SAP Watch List Screening enables enterprises across all industries to screen their business partners names and addresses against sanctioned party lists, thus ensuring their compliance with guidelines, regulations, and legislation.

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• Key Concepts: 
  SAP Watch List Screening is a component of the BV-ANALYTICS-NEW Brand Voice - Analytics suite. It is a tool that helps organizations to identify and manage potential risks associated with their customers, suppliers, and other third parties. The tool uses a combination of data sources, including public watch lists, to identify potential risks. 
  
  How to use it: 
  SAP Watch List Screening can be used to identify potential risks associated with customers, suppliers, and other third parties. The tool uses a combination of data sources, including public watch lists, to identify potential risks. Once identified, the tool can be used to manage the risk by providing alerts and notifications when a risk is detected. 
  
  Tips & Tricks: 
  When using SAP Watch List Screening, it is important to ensure that the data sources used are up-to-date and accurate. Additionally, it is important to ensure that the data sources are properly configured in order to ensure that all potential risks are identified. 
  
  Related Information: 
  SAP Watch List Screening is part of the BV-ANALYTICS-NEW Brand Voice - Analytics suite. Other components of this suite include SAP Risk Management and SAP Compliance Management. These tools can be used in conjunction with SAP Watch List Screening to help organizations manage their risk more effectively.