What is progression in SAP FS-CM - Claims Management?

SAP Term: progression

• Component: FS-CM

• Component Name: Claims Management

• Description: Scaled increase in benefit with higher degrees of disability as a result of an accident.

Smart SAP Assistant

• Key Concepts: 
  Progression in FS-CM Claims Management is a process that allows users to move claims through a series of steps or stages. It is used to track the progress of a claim from its initial filing to its resolution. The progression process can be customized to fit the needs of the organization, allowing users to define the stages and steps that a claim must go through before it is resolved. 
  
  How to use it: 
  To use progression in FS-CM Claims Management, users must first define the stages and steps that a claim must go through. This can be done by creating a progression template, which outlines the stages and steps that a claim must go through. Once the template is created, users can then assign claims to the progression template and track their progress as they move through each stage. 
  
  Tips & Tricks: 
  When creating a progression template, it is important to consider the needs of the organization and ensure that all necessary steps are included in the template. Additionally, it is important to ensure that each step has an appropriate duration so that claims are not held up unnecessarily. 
  
  Related Information: 
  For more information on progression in FS-CM Claims Management, please refer to the SAP Help Portal or contact your local SAP representative.