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

SAP Term: subrogor

• Component: FS-CM

• Component Name: Claims Management

• Description: One who yields rights to another in subrogation.

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• Key Concepts: 
  Subrogor is a term used in SAP FS-CM Claims Management. It refers to a person or entity that is legally responsible for another person or entity's debt or obligation. The subrogor is the one who takes on the responsibility of the debt or obligation, while the original debtor is released from their responsibility. 
  
  How to use it: 
  In SAP FS-CM Claims Management, subrogor is used to refer to a person or entity that takes on the responsibility of another person or entity's debt or obligation. This can be done through a legal agreement between the two parties. The subrogor will then be responsible for paying off the debt or fulfilling the obligation. 
  
  Tips & Tricks: 
  When using subrogor in SAP FS-CM Claims Management, it is important to ensure that all parties involved are aware of their responsibilities and obligations. It is also important to ensure that all legal documents are properly signed and filed in order to protect all parties involved. 
  
  Related Information: 
  Subrogation is a legal concept that is related to subrogor. Subrogation is when one party takes on the rights and responsibilities of another party in order to recover a debt or fulfill an obligation. This concept is often used in insurance claims when an insurance company takes on the rights and responsibilities of an insured party in order to recover damages from a third party.