What is evaluation criterion in SAP FS-CM - Claims Management?

SAP Term: evaluation criterion

• Component: FS-CM

• Component Name: Claims Management

• Description: Standard used in evaluating external services vendors in the procurement process. &EXAMPLE& Distance Price Service Customer satisfaction

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• Key Concepts: 
  Evaluation criterion is a feature of the FS-CM Claims Management component of SAP. It is used to define the criteria for evaluating claims and determining the amount of compensation to be paid out. It can be used to set up rules for evaluating claims, such as the type of claim, the amount of compensation, and any other criteria that may be relevant.
  
  How to use it: 
  To use evaluation criterion in FS-CM Claims Management, first create a new evaluation criterion in the system. This can be done by selecting the “Create Evaluation Criterion” option from the menu. Once created, you can then define the criteria for evaluating claims and determining the amount of compensation to be paid out. This includes setting up rules for evaluating claims, such as the type of claim, the amount of compensation, and any other criteria that may be relevant.
  
  Tips & Tricks: 
  When creating an evaluation criterion in FS-CM Claims Management, it is important to ensure that all relevant criteria are included in order to ensure accurate and fair evaluations. Additionally, it is important to review and update evaluation criteria regularly in order to keep up with changes in regulations or industry standards.
  
  Related Information: 
  For more information on evaluation criterion in FS-CM Claims Management, please refer to the SAP Help documentation or contact your local SAP representative.