What is indirect entity-level control in SAP GRC-SPC - GRC Process Controls for SAP?

SAP Term: indirect entity-level control

• Component: GRC-SPC

• Component Name: GRC Process Controls for SAP

• Description: A process that is designed to operate at a degree of precision, which would prevent, or detect on a timely basis, material misstatements to one or more relevant assertions on a timely basis. Entity-level control works on three levels of precision direct, monitoring, and indirect. Indirect entity-level controls are controls that are not linked to specific transactions, such as the control environment.

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• Key Concepts: 
  Indirect entity-level control is a feature of the GRC-SPC GRC Process Controls for SAP S/4HANA that allows users to monitor and control the activities of their business partners. This feature enables users to set up rules and policies that will be applied to all transactions with their business partners, ensuring that all transactions are compliant with the company’s policies. 
  
  How to use it: 
  To use indirect entity-level control, users must first set up rules and policies for their business partners. These rules and policies can be set up in the GRC-SPC GRC Process Controls for SAP S/4HANA. Once these rules and policies are set up, they will be applied to all transactions with the business partner. The system will then monitor the transactions and alert users if any of the rules or policies are violated. 
  
  Tips & Tricks: 
  When setting up rules and policies for indirect entity-level control, it is important to ensure that they are comprehensive and cover all possible scenarios. It is also important to ensure that the rules and policies are regularly updated to reflect any changes in the company’s policies or regulations. 
  
  Related Information: 
  For more information on indirect entity-level control, please refer to the SAP Help Portal or contact your local SAP representative.