What is 'detection method' in SAP GRC-BIS - SAP Business Integrity Screening?

detection method - Overview

• Component: GRC-BIS

• Component Name: SAP Business Integrity Screening

• Description: A business logic used to determine if an incident, such as a claim, tax declaration, or a bank transfer, is a potential fraud. A detection method can be used in multiple detection strategies.

detection method - Details

• 
  Key Concepts: 
  Detection methods are the algorithms used by SAP Business Integrity Screening (GRC-BIS) to detect potential risks and violations. These methods are based on data analysis and machine learning techniques, and can be used to identify suspicious activities, such as fraud, money laundering, and other financial crimes. 
  
  How to use it: 
  The detection methods used by GRC-BIS can be configured to meet the specific needs of an organization. This includes setting up rules and thresholds for different types of activities, as well as defining which data sources should be monitored. Once configured, GRC-BIS will continuously monitor the data sources for any suspicious activities that match the configured rules. 
  
  Tips & Tricks: 
  It is important to regularly review and update the detection methods used by GRC-BIS in order to ensure that they are up-to-date with the latest trends in fraud and financial crime. Additionally, it is important to ensure that the data sources being monitored are comprehensive and accurate in order to maximize the effectiveness of the detection methods. 
  
  Related Information: 
  For more information on SAP Business Integrity Screening (GRC-BIS), please visit https://www.sap.com/products/grc/business-integrity-screening.html