What is multiple contract handling in SAP FS-CM - Claims Management?

SAP Term: multiple contract handling

• Component: FS-CM

• Component Name: Claims Management

• Description: Claim bundle in which there are multiple contracts for one incident.

Smart SAP Assistant

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  Key Concepts: 
  Multiple contract handling is a feature of the FS-CM Claims Management component of SAP software. It allows users to manage multiple contracts in one system, making it easier to track and manage claims. This feature also allows users to create and manage multiple contracts in one system, making it easier to keep track of all the contracts and their associated claims. 
  
  How to use it: 
  To use multiple contract handling, users must first create a contract in the system. Once the contract is created, users can then add additional contracts to the system. The contracts can be linked together, allowing users to easily view and manage all of their contracts in one place. Users can also create claims for each contract, which can be tracked and managed in the same system. 
  
  Tips & Tricks: 
  When creating a contract, make sure to include all relevant information such as the start date, end date, and any other details that may be necessary. This will help ensure that all of the contracts are properly tracked and managed in the system. Additionally, make sure to keep track of any changes that are made to the contracts so that they can be easily updated in the system. 
  
  Related Information: 
  The FS-CM Claims Management component of SAP software also includes features such as claim processing, dispute resolution, and reporting