What is excluded term in SAP GRC-BPS - SAP Business Partner Screening?

SAP Term: excluded term

• Component: GRC-BPS

• Component Name: SAP Business Partner Screening

• Description: Common, unimportant words that are removed before comparing names and addresses, such as "Ltd." and "Corp.".

Smart SAP Assistant

• Key Concepts:
  Excluded term is a feature of SAP Business Partner Screening (GRC-BPS) that allows users to exclude certain terms from the screening process. This feature is useful for organizations that have specific terms or phrases that they do not want to be flagged as potential risks. For example, an organization may want to exclude the term “confidential” from the screening process so that it does not trigger any false positives.
  
  How to use it:
  To use the excluded term feature, users must first create a list of terms or phrases that they want to exclude from the screening process. This list can be created in the GRC-BPS settings page. Once the list is created, users can then select the “excluded term” option when running a screening process. This will ensure that any terms or phrases on the list are not flagged as potential risks.
  
  Tips & Tricks:
  It is important to keep the excluded term list up-to-date in order to ensure that all potential risks are being flagged correctly. Additionally, it is important to review the excluded term list periodically to make sure that it is still relevant and accurate.
  
  Related Information:
  For more information about SAP Business Partner Screening (GRC-BPS), please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information about this feature and how to use it effectively.