What is predicate class in SAP FS-CM - Claims Management?

SAP Term: predicate class

• Component: FS-CM

• Component Name: Claims Management

• Description: Grouping of predicates that make the same business statement but each with a different parameter. &EXAMPLE& "Policyholder has been a customer of this insurance company for at least 3 / 5 / 8 years". The only difference in these three statements is the number of years.

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• Key Concepts: 
  Predicate classes are used in the FS-CM Claims Management component of SAP to define the conditions that must be met for a claim to be valid. Predicate classes are used to define the criteria for a claim, such as the type of claim, the amount of the claim, and any other conditions that must be met. 
  
  How to use it: 
  In order to use predicate classes in FS-CM Claims Management, you must first create a predicate class. This can be done by selecting the “Create Predicate Class” option from the menu. Once you have created a predicate class, you can then add conditions to it. These conditions will define what criteria must be met for a claim to be valid. 
  
  Tips & Tricks: 
  When creating predicate classes, it is important to make sure that all of the conditions are clearly defined and easy to understand. This will help ensure that all claims are processed correctly and efficiently. Additionally, it is important to keep track of all predicate classes that have been created, as this will help ensure that all claims are processed correctly and efficiently. 
  
  Related Information: 
  For more information on predicate classes in FS-CM Claims Management, please refer to the SAP Help documentation. Additionally, there are many online resources available that provide detailed information on how to use predicate classes in FS-CM Claims Management.