What is efficiency in SAP GRC-BIS - SAP Business Integrity Screening?

SAP Term: efficiency

• Component: GRC-BIS

• Component Name: SAP Business Integrity Screening

• Description: The percentage of completed alerts with finding "Proven Fraud" from the total number of investigated alerts. The more proven frauds there are, the more efficient the detection is. The more false positives you have, the less efficient the detection is. Calculation: Proven Fraud / Proven Fraud + False Positives As of FRA 1.1 SP06, the findings were changed as follows: "Proven Fraud" -> "Confirmed", "No Fraud" -> "False Alarm", "Not Investigated" -> "Closed Without Investigation".

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• Key Concepts: 
  GRC-BIS SAP Business Integrity Screening is a tool that helps organizations to identify and manage potential risks associated with their business operations. It provides an efficient way to screen for potential risks, such as fraud, money laundering, and other compliance violations. The tool uses advanced analytics and machine learning algorithms to detect anomalies in data and alert users of potential risks.
  
  How to use it: 
  GRC-BIS SAP Business Integrity Screening can be used to identify potential risks in a variety of ways. It can be used to monitor transactions, detect suspicious activity, and analyze customer data. The tool can also be used to generate reports that provide insights into the organization’s risk profile.
  
  Tips & Tricks: 
  When using GRC-BIS SAP Business Integrity Screening, it is important to ensure that the data being analyzed is accurate and up-to-date. Additionally, it is important to regularly review the results of the screening process in order to identify any potential risks that may have been missed.
  
  Related Information: 
  GRC-BIS SAP Business Integrity Screening is part of the SAP Governance, Risk, and Compliance (GRC) suite of products. Other products in the suite include SAP Access Control, SAP Process Control, and SAP Risk Management. These products can be used together to help organizations manage their risk profiles more effectively.