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Component: GRC-WLS
Component Name: SAP Watch List Screening
Description: When a sales or delivery order is created in the source system, a screening request is sent to in order for the names and addresses on the sales or delivery order to be checked against a sanctioned party list.
Key Concepts: Screening request is a feature of the GRC-WLS SAP Watch List Screening component. It allows users to check if a person or entity is on a watch list, such as a sanctions list, and to determine if they are eligible for business transactions. The screening request is used to compare the data of the person or entity against the watch list and to determine if there is a match. How to use it: To use the screening request feature, users must first enter the data of the person or entity they wish to check against the watch list. This data can include name, address, date of birth, and other identifying information. Once the data has been entered, users can submit the screening request and wait for the results. Tips & Tricks: When submitting a screening request, it is important to ensure that all of the data entered is accurate and up-to-date. This will help ensure that the results are accurate and that any potential matches are identified quickly. Additionally, it is important to remember that not all watch lists are updated in real-time, so it is important to check for updates regularly. Related Information: The GRC-WLS SAP Watch List Screening component also includes features such as automated screening and monitoring, which can help users stay up-to-date with any changes in watch lists. Additionally, users can set up alerts so they are notified when a match is found or when a watch list is updated.