What is coverage in SAP FIN-SEM-SRM - Stakeholder Relationship Management?

SAP Term: coverage

• Component: FIN-SEM-SRM

• Component Name: Stakeholder Relationship Management

• Description: Focus of an investor on certain investment vehicles for example, stocks, funds, industries for example, Pharma, Mechanical Engineering, stock market tiers for example, Blue Chips, second-line stocks, regions for example, Germany, Asia, etc.

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• Key Concepts: 
  Coverage in SAP FIN-SEM-SRM Stakeholder Relationship Management is a measure of how well a company is meeting its stakeholder needs. It is calculated by taking the number of stakeholders that have been identified and the number of stakeholders that have been addressed. Coverage is an important metric for understanding how well a company is engaging with its stakeholders. 
  
  How to use it: 
  To calculate coverage in SAP FIN-SEM-SRM Stakeholder Relationship Management, first identify all stakeholders that need to be addressed. This can include customers, suppliers, employees, investors, and other stakeholders. Then, determine how many of these stakeholders have been addressed. The coverage percentage is calculated by dividing the number of stakeholders addressed by the total number of stakeholders identified. 
  
  Tips & Tricks: 
  When calculating coverage in SAP FIN-SEM-SRM Stakeholder Relationship Management, it is important to ensure that all stakeholders are identified and addressed. This will ensure that the coverage percentage is accurate and reflects the true level of engagement with stakeholders. 
  
  Related Information: 
  Coverage in SAP FIN-SEM-SRM Stakeholder Relationship Management is closely related to other metrics such as customer satisfaction and employee engagement. It is important to track these metrics in order to understand how well a company is engaging with its stakeholders.