SAP Business Partner Screening

Business Partner Screening is a software solution from the software company SAP SE.[1] The solution´s function is to screen business partners and further check them against lists of people and organizations published by governments and institutions across the world.[2]

Background

As they grow organically and geographically, companies expand their business network but also increase their exposure to commercial, compliance and reputational risk. Multiple sources of information on their business partners (customers, suppliers, contractors…) need to be screened, and this represents ultra-high volumes of data to process. And as their business evolves, new partner screening requirements call for flexible capabilities. to implement new screening strategies quickly.

SAP Business Partner Screening is build to help companies know who they are dealing with for financial, legal and reputational reasons.

Partenships

Thomson Reuters is collaborating with SAP to allow its World-Check content to be available to customers within the SAP Business Partner Screening application. The aim is to help organizations better manage their third-party compliance and risk challenges. Integration of World-Check Data with SAP Business Partner Screening offers organizations improved vigilance across the globe.[3]

References

  1. ↑ http://go.sap.com/index.html
  2. ↑ Riddell, Kevin; Iyer, Rajen (2016). Practical Guide to SAP GTS Part 1: SPL Screening and Compliance Management. Espresso Tutorials GmbH. ISBN 978-3960124900.
  3. ↑ "Thomson Reuters and SAP Team to Help Businesses Manage Compliance and Third-Party Risk Challenges". Thomson Reuters. 2017-03-21. Retrieved 2017-05-17.
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