What is operational system in SAP FS-RI - Reinsurance?

SAP Term: operational system

• Component: FS-RI

• Component Name: Reinsurance

• Description: System, external to the SAP insurance system, which supplies data. For example the SAP Collections and Disbursements system IS-IS-CD receives data from the external system via the posting material interface. It uses this data for invoicing.

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• Key Concepts: 
  Operational system is a term used in SAP software to refer to the FS-RI Reinsurance component. This component is used to manage reinsurance contracts and related activities, such as claims processing, risk management, and financial reporting. It provides a comprehensive set of tools for managing reinsurance operations. 
  
  How to use it: 
  The FS-RI Reinsurance component can be used to manage reinsurance contracts and related activities. It provides a range of features, including contract management, claims processing, risk management, and financial reporting. It also provides tools for analyzing reinsurance data and generating reports. 
  
  Tips & Tricks: 
  When using the FS-RI Reinsurance component, it is important to ensure that all data is accurate and up-to-date. This will help ensure that the system is able to provide accurate and reliable results. Additionally, it is important to regularly review the system's performance and make any necessary adjustments or updates. 
  
  Related Information: 
  For more information about the FS-RI Reinsurance component, please refer to the SAP Help Portal or contact your local SAP representative. Additionally, there are a number of online resources available that provide detailed information about the component and how to use it effectively.