Winterhawk recently asked SAP’s Michael Heckner, Senior Director EMEA Center of Excellence for GRC, for his insights into SAP’s Business Integrity Screening solution (formerly SAP Fraud Management). We posed the question:
“Clearly, the use of SAP Process Control and SAP Access Control are fundamental to detect and remediate errors and fraud in well-understood, typical scenarios. But in the case of Business Integrity Screening, can you tell us more about its capabilities to detect fraud and support wider investigation?”
“With its combined capability of real-time screening 3rd parties and transactions, it provides unprecedented visibility into any further potential outliers, anomalies and fraud with not so well-understood circumstances (‘suspicious cases’ or ‘alerts’). Combine that with machine learning and predictive algorithms, and you get a true next generation GRC solution for the intelligent enterprise.
Business Integrity Screening allows you to screen the ‘full population’ of your business transactions (as opposed to a ‘sample based’ approach). It gives the power to the investigator in the business (without the help of IT) to calibrate the solution to reduce false positive alerts and focus on the true issues. It combines the powerful analytic detection (raising alerts), with user-friendly investigation (making a timely decision on alerts). Ultimately, it helps to stop losses by detecting anomalies early on.”
Why SAP Business Integrity Screening (Fraud Management)?
Because the software offers early detection features that help your investigators deter and prevent fraud and anomalies as early as possible, resulting in reduced financial losses. Safeguard your organisation against all types of errors, waste and abuse – from incorrect transactions or fraudulent activity to industry-specific threats.