Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Minimize false positives and leverage machine learning (ML) to effectively identify anomalies in business performance indicators. Investigate the underlying causes of these anomalies by clustering similar outliers together for analysis. Provide a summary of these root causes and prioritize them based on their impact. Ensure a smooth integration with AWS databases, storage services, and external SaaS platforms for comprehensive metrics monitoring and anomaly detection. Set up automated alerts and responses tailored to the detection of anomalies. Utilize Lookout for Metrics, which employs ML to both discover and analyze anomalies in business and operational datasets. The challenge of recognizing unexpected anomalies is compounded by the limitations of traditional manual methods that are prone to errors. Lookout for Metrics simplifies the detection and diagnosis of data inconsistencies without requiring any expertise in artificial intelligence (AI). Monitor irregular fluctuations in subscriptions, conversion rates, and revenue to remain vigilant about sudden market shifts, ultimately enhancing strategic decision-making capabilities. By adopting these advanced techniques, businesses can improve their overall performance management and response strategies.
Description
To safeguard your business's integrity and steer clear of dubious transactions involving high-risk third parties, implementing robust Big Data screening solutions from SAP is essential. By leveraging advanced software, you can enhance your ability to identify and prevent irregularities, thereby reducing the chances of fraud and minimizing financial losses. The SAP Business Integrity Screening application enables swift detection of unusual activities through adaptable rule configurations and predictive analytics, which assist in highlighting possible fraudulent behaviors. Protecting your revenue stream and curtailing losses related to fraud can be achieved by efficiently screening large volumes of transactions to identify anomalies, thereby decreasing the number of false positives. Furthermore, by examining exception-based scenarios alongside behavioral analytics, businesses can prevent future occurrences and develop effective strategies for addressing anomalies and fraud. You can also fine-tune your detection methodologies through calibration and simulation tools, allowing for what-if scenarios based on historical data to evaluate the most successful strategies. This proactive approach not only enhances your fraud detection capabilities but also fosters a culture of vigilance within your organization.
API Access
Has API
Yes
API Access
Has API
No
Integrations
AWS Lambda
Yes
Amazon CloudWatch
Yes
Amazon Redshift
Yes
Amazon S3
Yes
Amazon Simple Notification Service (SNS)
Yes
SAP Joule
No
Integrations
AWS Lambda
No
Amazon CloudWatch
No
Amazon Redshift
No
Amazon S3
No
Amazon Simple Notification Service (SNS)
No
SAP Joule
Yes
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Amazon
Founded
1994
Country
United States
Website
aws.amazon.com/lookout-for-metrics/
Vendor Details
Company Name
SAP
Founded
1972
Country
Germany
Website
www.sap.com/products/financial-management/fraud-management.html
Product Features
Machine Learning
Deep Learning
No
ML Algorithm Library
No
Model Training
No
Natural Language Processing (NLP)
No
Predictive Modeling
No
Statistical / Mathematical Tools
No
Templates
No
Visualization
No
Product Features
Fraud Detection
Access Security Management
No
Check Fraud Monitoring
No
Custom Fraud Parameters
No
For Banking
No
For Crypto
No
For Insurance Industry
No
For eCommerce
No
Internal Fraud Monitoring
No
Investigator Notes
No
Pattern Recognition
No
Transaction Approval
No