What is dynamic adjustment in SAP FS-CM - Claims Management?

SAP Term: dynamic adjustment

• Component: FS-CM

• Component Name: Claims Management

• Description: Scheduled usually annual increase of insurance premiums and benefits with an accident insurance policy.

Smart SAP Assistant

• Key Concepts: 
  Dynamic adjustment is a feature of the FS-CM Claims Management component of SAP. It allows users to adjust the amount of a claim based on the current market value of the goods or services being claimed. This feature helps to ensure that claims are paid out accurately and in a timely manner.
  
  How to use it: 
  To use dynamic adjustment, users must first enter the details of the claim into the system. This includes the type of claim, the amount being claimed, and any other relevant information. Once this is done, the system will automatically adjust the amount of the claim based on current market values. This ensures that claims are paid out accurately and in a timely manner.
  
  Tips & Tricks: 
  When using dynamic adjustment, it is important to ensure that all relevant information is entered into the system accurately. This will help to ensure that claims are paid out correctly and in a timely manner. Additionally, it is important to keep track of any changes in market values so that adjustments can be made accordingly.
  
  Related Information: 
  For more information about dynamic adjustment and other features of FS-CM Claims Management, please refer to SAP's official documentation or contact your local SAP representative.