What is no claim made in SAP FS-CM - Claims Management?

SAP Term: no claim made

• Component: FS-CM

• Component Name: Claims Management

• Description: Loss or claim that is reported to the insurance company possibly because of an obligation to provide information, for example, but for which the policyholder is not entitled to claim compensation.

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• Key Concepts: 
  No claim made is a term used in SAP FS-CM Claims Management. It is used to describe a situation where a customer has not made a claim for a particular service or product. This could be due to the customer not being aware of the service or product, or simply not wanting to make a claim. 
  
  How to use it: 
  In SAP FS-CM Claims Management, no claim made can be used to track customer interactions and identify potential opportunities for upselling or cross-selling services and products. It can also be used to identify customers who may need additional support or assistance in understanding the services and products available. 
  
  Tips & Tricks: 
  When tracking no claim made in SAP FS-CM Claims Management, it is important to ensure that all customer interactions are accurately recorded. This will help ensure that any potential opportunities for upselling or cross-selling are identified and acted upon. Additionally, it is important to ensure that customers are provided with clear and concise information about the services and products available so that they can make an informed decision about whether or not to make a claim. 
  
  Related Information: 
  For more information on SAP FS-CM Claims Management, please refer to the official SAP documentation. Additionally, there are many online resources available which provide detailed information on how to use this software effectively.