What is segmentation in SAP CA-FS-PO - Price Optimization for Banking?

SAP Term: segmentation

• Component: CA-FS-PO

• Component Name: Price Optimization for Banking

• Description: A set of rates determined by the bank's rate sheet structure. Each cell on a rate sheet is described through a unique combination of attributes. Since each potential account falls into one cell, the cells can be interpreted as customer segments.

Smart SAP Assistant

• Key Concepts: 
  Segmentation is a feature of the SAP CA-FS-PO Price Optimization for Banking component that allows users to divide their customer base into distinct groups based on certain criteria. This allows users to better understand their customer base and tailor their pricing strategies accordingly. 
  
  How to use it: 
  To use segmentation, users must first define the criteria they want to use to segment their customer base. This could include factors such as customer location, age, income level, or any other relevant criteria. Once the criteria have been defined, users can then create segments based on these criteria and assign customers to each segment. 
  
  Tips & Tricks: 
  When creating segments, it is important to ensure that the criteria used are relevant and meaningful. Additionally, it is important to ensure that each segment is distinct from the others so that pricing strategies can be tailored accordingly. 
  
  Related Information: 
  For more information on segmentation and how it can be used in SAP CA-FS-PO Price Optimization for Banking, please refer to the official SAP documentation.