What is reserve group cluster in SAP FS-CM - Claims Management?

SAP Term: reserve group cluster

• Component: FS-CM

• Component Name: Claims Management

• Description: Bundling of reserve groups.

Smart SAP Assistant

• Key Concepts: 
  A reserve group cluster is a feature of the FS-CM Claims Management component of SAP. It is a grouping of reserve groups that are used to manage and track claims. The reserve group cluster allows for the creation of multiple reserve groups, each with its own set of rules and parameters. This allows for more efficient and accurate tracking of claims.
  
  How to use it: 
  To use the reserve group cluster, first create a new reserve group. This can be done by selecting the “Create Reserve Group” option from the FS-CM Claims Management menu. Once the new reserve group is created, it can be added to an existing reserve group cluster or a new one can be created. Once the reserve group is added to the cluster, it can be managed and tracked using the various features available in the FS-CM Claims Management component.
  
  Tips & Tricks: 
  When creating a new reserve group, it is important to ensure that all of the necessary parameters are set correctly. This will ensure that all claims are tracked accurately and efficiently. Additionally, it is important to keep track of all changes made to the reserve group cluster as this will help ensure that all claims are tracked properly.
  
  Related Information: 
  The FS-CM Claims Management component also includes features such as claim status tracking, claim payment tracking, and claim dispute resolution. Additionally, there are various reports available in the FS-CM Claims Management component that can be used to track and analyze claims data.