SAP Fraud management is driven by SAP HANA which will allow the enterprises with in the whole industries such as Insurance, Public Sector, Banking and that are related to Health-Care , as well as the services or High Tech to find, analyze and to remove them from the irregularities or any kind of fraud in highly volume environments.. This application will help you to examining distinct kinds of substances that may led to some kind of fraud e.g. claims, invoices or any kind of payments.
It will also provide you a platform that will help you to detect plans which are depend upon the rules and progressive prognostic approaches. The application allows for analyzing different types of substances from SAP and non-SAP source systems that may be subject to fraud, e.g. claims, invoices or payments. Event creates and periodic finding turns and generate alerts for additional investigation.
Humble and spontaneous UI’s allow business users to examine alerts and to control scam cases. Wide reporting abilities permit you to measure and do standardization of the detection efficiency as well as the performance management related to the investigation process.
You will find an Add-On to SAP EHP1 in relation to SAP NETWEAVER 7.3 SP06 which is known to be as Fraud management Add-On. You must remember that SAP HANA DB database will be supported by this product. SAP HANA must be at least SAP HANA DB 1.0 SPS5 Revision 52.
Hope this article might help you to understand FRAUD Management.