What is 'claim bundle' in SAP FS-CM - Claims Management?

claim bundle - Overview

• Component: FS-CM

• Component Name: Claims Management

• Description: Grouping of individual claims according to the functions in the system, for example to store a catastrophe in the system. A claim bundle does not contain a claim as such; it is more of a unit in which you can group claims according to certain criteria.

claim bundle - Details

• 
  Key Concepts: 
  Claim bundle is a feature of the SAP FS-CM Claims Management component. It allows users to group multiple claims into a single bundle, which can then be processed together. This helps to streamline the claims process and reduce the amount of time spent on individual claims. 
  
  How to use it: 
  To use the claim bundle feature, users must first create a bundle by selecting the claims they wish to include in it. Once the bundle is created, users can then process it as a single entity. This includes assigning it to a specific user or team for processing, setting deadlines, and tracking progress. 
  
  Tips & Tricks: 
  When creating a claim bundle, it is important to ensure that all of the claims included in it are related and should be processed together. This will help to ensure that the bundle is processed efficiently and that all of the claims are handled in a timely manner. 
  
  Related Information: 
  For more information on using the claim bundle feature in SAP FS-CM Claims Management, please refer to the official documentation provided by SAP.