What is weighting factor in SAP GRC-BIS - SAP Business Integrity Screening?

SAP Term: weighting factor

• Component: GRC-BIS

• Component Name: SAP Business Integrity Screening

• Description: A scaling factor that is multiplied with the result of a detection method in a detection strategy. The individual weighting factors for detection methods can be used to make particular methods more or less important in raising alerts of potential fraud. A negative weighting factor can be used to let a detection method lessen the chance that an alert is raised.

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• Key Concepts: 
  Weighting factor is a numerical value assigned to a risk indicator in SAP Business Integrity Screening (GRC-BIS). This value is used to determine the relative importance of the risk indicator when assessing the overall risk of a transaction. The higher the weighting factor, the more important the risk indicator is in assessing the overall risk. 
  
  How to use it: 
  Weighting factors are used to assign relative importance to risk indicators in GRC-BIS. When assessing the overall risk of a transaction, the weighting factor of each risk indicator is taken into account. The higher the weighting factor, the more important the risk indicator is in assessing the overall risk. 
  
  Tips & Tricks: 
  When assigning weighting factors to risk indicators, it is important to consider how likely it is that a particular risk indicator will lead to an adverse outcome. The higher the likelihood, the higher the weighting factor should be. 
  
  Related Information: 
  Weighting factors are used in other areas of SAP software, such as SAP Risk Management and SAP Process Control. They are also used in other areas outside of SAP, such as financial analysis and portfolio management.