What is 'compliance expert' in SAP GRC-BPS - SAP Business Partner Screening?

compliance expert - Overview

• Component: GRC-BPS

• Component Name: SAP Business Partner Screening

• Description: A person who works in a compliance department who helps to ensure the company's compliance to all external and internal regulations.

compliance expert - Details

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  Key Concepts:
  Compliance Expert is a component of GRC-BPS SAP Business Partner Screening. It is a tool that helps organizations to ensure that their business partners comply with the applicable laws and regulations. It provides an automated process for screening and monitoring business partners, as well as a comprehensive set of reports and analytics to help organizations identify potential risks.
  
  How to use it:
  Compliance Expert can be used to screen business partners against various criteria, such as country-specific regulations, industry-specific requirements, and other risk factors. It also provides an automated process for monitoring business partners on an ongoing basis. The system can be configured to send alerts when changes occur in the business partner’s profile or when new information is available.
  
  Tips & Tricks:
  When using Compliance Expert, it is important to ensure that the system is configured correctly and that all relevant data is included in the screening process. Additionally, it is important to regularly review the results of the screening process and take appropriate action if any potential risks are identified.
  
  Related Information:
  For more information about Compliance Expert, please refer to the SAP Help Portal or contact your local SAP representative.