What is scheduled correspondence in SAP FS-PM - Policy Management?

SAP Term: scheduled correspondence

• Component: FS-PM

• Component Name: Policy Management

• Description: Correspondence types that are to be sen when executing a business process. They are the opposite of unscheduled correspondence. They include the correspondence types that the user wants to send when executing a business process, in addition to the scheduled correspondence types.

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• Key Concepts: 
  Scheduled correspondence is a feature of the FS-PM Policy Management component of SAP. It allows users to create and schedule automated emails or letters to be sent out at predetermined intervals. This feature is useful for sending out reminders, notifications, or other important information to customers or other stakeholders. 
  
  How to use it: 
  To use the scheduled correspondence feature, users must first create a template for the email or letter they wish to send out. This template can include text, images, and other formatting elements. Once the template is created, users can then set up a schedule for when the emails or letters should be sent out. This can be done on a daily, weekly, monthly, or yearly basis. 
  
  Tips & Tricks: 
  When creating templates for scheduled correspondence, it is important to make sure that all of the necessary information is included in the template. This includes contact information, deadlines, and any other important details that need to be communicated. Additionally, it is important to make sure that the template is formatted correctly so that it looks professional when sent out. 
  
  Related Information: 
  The scheduled correspondence feature of FS-PM Policy Management is closely related to other features such as automated notifications and reminders. These features allow users to send out automated messages at predetermined intervals in order to keep customers and other stakeholders informed about important updates or changes. Additionally, these features can be used to remind customers of upcoming deadlines or events.