What is 'Configure Credit Agencies and Products' in SAP FIN-FSCM-CAI - Credit Agency Integration?

Configure Credit Agencies and Products - Overview

• Component: FIN-FSCM-CAI

• Component Name: Credit Agency Integration

• Description: This app lets you configure which credit agencies and products can be used by the credit controllers in SAP S/4HANA Cloud for credit integration.

Configure Credit Agencies and Products - Details

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  Key Concepts: 
  Configure Credit Agencies and Products is a component of the SAP Credit Agency Integration (FIN-FSCM-CAI) module. This component allows users to configure credit agencies and products for use in the SAP system. This includes setting up credit agency profiles, defining credit agency products, and configuring credit agency product parameters. 
  
  How to use it: 
  To configure credit agencies and products, users must first create a credit agency profile. This profile contains information about the credit agency, such as its name, address, and contact information. Once the profile is created, users can then define credit agency products. These products are used to define the type of credit report that will be requested from the credit agency. Finally, users can configure product parameters for each product. These parameters are used to specify the type of data that will be requested from the credit agency. 
  
  Tips & Tricks: 
  When configuring credit agencies and products, it is important to ensure that all of the necessary information is entered correctly. This includes making sure that all of the required fields are filled out correctly and that all of the product parameters are set correctly. Additionally, it is important to make sure that all of the necessary permissions are granted for each product before it can be used in the system. 
  
  Related Information: 
  For more information on configuring credit agencies