1. SAP Glossary
  2. Claims Management
  3. claim aggregate


What is claim aggregate in SAP FS-CM - Claims Management?


SAP Term: claim aggregate

  • Component: FS-CM

  • Component Name: Claims Management

  • Description: Grouping of several claims related to one or more contracts of a policyholder for which a joint limit should apply.


Smart SAP Assistant

  • Key Concepts: 
    Claim aggregate is a feature of the SAP FS-CM Claims Management component. It allows users to group multiple claims into a single claim aggregate, which can then be processed as a single entity. This simplifies the process of managing multiple claims and reduces the amount of time and effort required to process them.
    
    How to use it: 
    To use claim aggregate, users must first create a claim aggregate in the SAP system. This can be done by selecting the “Create Claim Aggregate” option from the Claims Management menu. Once the claim aggregate has been created, users can add individual claims to it by selecting the “Add Claim” option from the Claims Management menu. Once all of the claims have been added, users can then process them as a single entity by selecting the “Process Claim Aggregate” option from the Claims Management menu.
    
    Tips & Tricks: 
    When creating a claim aggregate, it is important to ensure that all of the claims that are being added are related to each other in some way. This will help to ensure that all of the claims are processed correctly and efficiently. Additionally, it is important to keep track of all of the claims that have been added to a claim aggregate, as this will help to ensure that all of them are processed correctly.
    
    Related Information: 
    For more information on how to use claim aggregate in SAP FS-CM Claims Management, please refer to the official SAP documentation or contact your local SAP support team.
    • Do you have any question about this SAP term?


      Upgrade now to chat with this SAP term.

Related SAP Glossary Terms

Click the links below to see the following related SAP glossary terms:
Rating
ERPlingo simplifies finding the accurate answers to SAP message errors. I now use every week. A must have tool for anyone working with SAP! Highly recommended!
Rate 1
Kent Bettisworth
Executive SAP Consultant