What is risk in SAP (FIN-SEM-CPM - Corporate Performance Monitor)?

SAP Term: risk

• Component: FIN-SEM-CPM

• Component Name: Corporate Performance Monitor

• Description: Individual event, or a set of events, which are assumed to represent a danger to the company and certain aspects of it if they occur.

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• Key Concepts: 
  Risk is a potential future event or circumstance that could have a negative impact on an organization's performance. In the context of SAP's FIN-SEM-CPM Corporate Performance Monitor, risk is defined as any event or circumstance that could lead to a deviation from the expected performance of an organization. This includes financial, operational, and strategic risks. 
  
  How to use it: 
  The FIN-SEM-CPM Corporate Performance Monitor helps organizations identify and manage risks by providing a comprehensive view of their performance. It allows users to monitor and analyze financial, operational, and strategic risks in real-time. The tool also provides users with the ability to create risk profiles and set up alerts for potential risks. 
  
  Tips & Tricks: 
  When using the FIN-SEM-CPM Corporate Performance Monitor, it is important to ensure that all relevant data is included in the risk profile. This includes financial data, operational data, and strategic data. Additionally, it is important to regularly review the risk profile to ensure that it is up-to-date and accurate. 
  
  Related Information: 
  For more information on how to use the FIN-SEM-CPM Corporate Performance Monitor to manage risk, please refer to SAP's official documentation. Additionally, there are many online resources available that provide tips and tricks for using the tool effectively.