What is 'appraisal' in SAP FS-CM - Claims Management?

appraisal - Overview

• Component: FS-CM

• Component Name: Claims Management

• Description: An expert appraiser is called upon to clarify facts in the form of an appraisal. Appraisal is a superordinate term for Appraisal order Appraisal receipt

appraisal - Details

• 
  Key Concepts: 
  Appraisal is a feature of the FS-CM Claims Management component of SAP. It is used to assess the value of a claim and determine the amount of compensation that should be paid out. The appraisal process involves gathering information about the claim, evaluating the evidence, and making a decision about the amount of compensation that should be paid.
  
  How to use it: 
  The appraisal process begins with gathering information about the claim. This includes gathering evidence such as photos, documents, and witness statements. Once all of the necessary information has been gathered, it is evaluated to determine the value of the claim. The appraiser then makes a decision about the amount of compensation that should be paid out.
  
  Tips & Tricks: 
  When evaluating a claim, it is important to consider all of the evidence and make an informed decision. It is also important to keep in mind that the amount of compensation should be fair and reasonable.
  
  Related Information: 
  The appraisal process is an important part of the claims management process. It is important to ensure that all claims are evaluated fairly and accurately in order to ensure that claimants receive the compensation they deserve.