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

SAP Term: compliance manager

• Component: GRC-BPS

• Component Name: SAP Business Partner Screening

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

Smart SAP Assistant

• Key Concepts: 
  Compliance Manager is a component of the GRC-BPS SAP Business Partner Screening solution. It is a tool that helps organizations to identify and manage potential risks associated with their business partners. It provides an automated process for screening and monitoring business partners, as well as a comprehensive set of reports and analytics to help organizations make informed decisions about their business relationships.
  
  How to use it: 
  The Compliance Manager component of GRC-BPS SAP Business Partner Screening can be used to identify and manage potential risks associated with business partners. It provides an automated process for screening and monitoring business partners, as well as a comprehensive set of reports and analytics to help organizations make informed decisions about their business relationships. The Compliance Manager also provides tools for managing compliance requirements, such as setting up alerts for changes in compliance status or creating custom compliance rules.
  
  Tips & Tricks: 
  When using the Compliance Manager component of GRC-BPS SAP Business Partner Screening, it is important to ensure that all relevant information is included in the screening process. This includes information such as the business partner’s financials, legal documents, and other relevant data. Additionally, it is important to regularly review the compliance status of business partners to ensure that any changes in compliance status are identified and addressed promptly.
  
  Related Information: 
  The Compliance Manager component of GRC-BPS SAP Business Partner Screening is part of a larger suite of solutions designed to help organizations manage risk and compliance. Other components include Risk Management, Access Control, and Audit Management. Additionally, SAP offers a range of services and support options to help organizations get the most out of their GRC-BPS SAP Business Partner Screening solution.