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

SAP Term: predictive method

• Component: GRC-BIS

• Component Name: SAP Business Integrity Screening

• Description: A type of detection method that uses machine-learning algorithms to classify new detection objects based on historical data and decisions.

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• Key Concepts: 
  Predictive method is a feature of SAP Business Integrity Screening (GRC-BIS) that uses advanced analytics to identify potential risks and compliance issues. It uses data from multiple sources to create a predictive model that can detect patterns and anomalies in the data. This helps organizations to identify potential risks and compliance issues before they become a problem.
  
  How to use it: 
  To use the predictive method, organizations must first set up the GRC-BIS system. This includes setting up the data sources, configuring the predictive model, and setting up the rules for detecting potential risks and compliance issues. Once the system is set up, it will automatically detect patterns and anomalies in the data and alert organizations to any potential risks or compliance issues.
  
  Tips & Tricks: 
  When setting up the predictive model, it is important to ensure that all of the data sources are properly configured and that the rules for detecting potential risks and compliance issues are accurate. Additionally, it is important to regularly review the results of the predictive model to ensure that it is still detecting potential risks and compliance issues accurately.
  
  Related Information: 
  The predictive method is just one of many features of SAP Business Integrity Screening (GRC-BIS). Other features include automated risk assessment, automated compliance monitoring, and automated reporting. Additionally, GRC-BIS can be integrated with other SAP solutions such as SAP ERP or SAP HANA for a more comprehensive risk management solution.