What is risk attribute in SAP (EPM-SA - SAP Spend Performance Management)?

SAP Term: risk attribute

• Component: EPM-SA

• Component Name: SAP Spend Performance Management

• Description: A property of the supplier dimension that is part of a set of risk attributes, which constitute a payment risk category; indicates if a supplier is at risk of going out of business.

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• Key Concepts: 
  Risk attribute is a feature of SAP Spend Performance Management (EPM-SA) that allows users to assign a risk level to each spend category. This risk level is used to determine the amount of control and oversight that should be applied to the spend category. The risk attribute can be set to low, medium, or high, and can be adjusted as needed. 
  
  How to use it: 
  To use the risk attribute feature, users must first select a spend category and assign it a risk level. This can be done by navigating to the “Risk Attribute” tab in the EPM-SA interface. Once the risk level has been set, users can then adjust the amount of control and oversight that should be applied to the spend category. 
  
  Tips & Tricks: 
  It is important to remember that the risk attribute should be adjusted as needed. If a spend category is deemed to be high-risk, then more control and oversight should be applied. Conversely, if a spend category is deemed to be low-risk, then less control and oversight should be applied. 
  
  Related Information: 
  The risk attribute feature is closely related to other features in SAP Spend Performance Management such as budgeting, forecasting, and reporting. By using these features in conjunction with the risk attribute feature, users can gain greater insight into their spending and make more informed decisions.