What is Manage Predictive Detection Methods in SAP GRC-BIS - SAP Business Integrity Screening?

SAP Term: Manage Predictive Detection Methods

• Component: GRC-BIS

• Component Name: SAP Business Integrity Screening

• Description: An SAP Fiori App that can be used to display and create detection methods based on historical data. This application is available as of release FRA 1.2 SP03.

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• Key Concepts: 
  Manage Predictive Detection Methods is a feature of SAP Business Integrity Screening (GRC-BIS) that allows users to create and manage predictive detection methods. Predictive detection methods are used to detect suspicious activities and transactions in an organization. These methods use data mining and machine learning algorithms to identify patterns in data that may indicate fraud or other suspicious activities. 
  
  How to Use It: 
  To use Manage Predictive Detection Methods, users must first create a predictive detection method. This can be done by selecting the type of data to be analyzed, the algorithm to be used, and the parameters for the algorithm. Once the method is created, it can be used to detect suspicious activities and transactions in an organization. The results of the analysis can then be used to take appropriate action. 
  
  Tips & Tricks: 
  When creating a predictive detection method, it is important to select the right algorithm and parameters for the data being analyzed. Different algorithms may produce different results, so it is important to experiment with different algorithms and parameters to find the best one for the data being analyzed. Additionally, it is important to regularly review and update the predictive detection methods as new data becomes available. 
  
  Related Information: 
  SAP Business Integrity Screening (GRC-BIS) is a comprehensive solution for detecting fraud and other suspicious activities in an organization. It provides features such as Manage Predictive Detection Methods, which allow users to create and manage predictive detection methods using data mining and machine learning algorithms. Additionally, GRC-BIS provides features such as Risk Analysis, which allows users to analyze risk factors associated with transactions and activities in an organization.