What is risk factor in SAP (GRC-BIS - SAP Business Integrity Screening)?

SAP Term: risk factor

• Component: GRC-BIS

• Component Name: SAP Business Integrity Screening

• Description: The multiple by which the score exceeds the threshold of an alert. Example: If the score is 7 and the threshold is 2, the alert’s risk factor is 3.5. 7 / 2 = 3.5

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• Key Concepts: 
  Risk factor is a term used in SAP Business Integrity Screening (GRC-BIS) to refer to a specific element of a transaction that can be used to identify potential risks. Risk factors are used to identify transactions that may be suspicious or require further investigation. Examples of risk factors include the amount of money involved in a transaction, the type of transaction, and the parties involved.
  
  How to use it: 
  Risk factors can be used to identify transactions that may require further investigation. When setting up GRC-BIS, users can define which risk factors they want to use for screening. These risk factors can then be used to identify transactions that may require further investigation.
  
  Tips & Tricks: 
  When setting up GRC-BIS, it is important to consider which risk factors are most relevant for your organization. Different organizations may have different risk factors that they want to use for screening. It is also important to consider how the risk factors interact with each other and how they can be used together to identify potential risks.
  
  Related Information: 
  For more information on SAP Business Integrity Screening (GRC-BIS), please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_GRC_BIS/10.0/en-US