What is online integration in SAP FS-SR - Regulatory reporting for insurance companies?

SAP Term: online integration

• Component: FS-SR

• Component Name: Regulatory reporting for insurance companies

• Description: A type of data transfer in which the data is converted to the statutory reporting format immediately upon posting in the feeder system and written to the feeder database or statutory reporting ledger.

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• Key Concepts: 
  Online integration is a feature of the FS-SR Regulatory Reporting for Insurance Companies component of SAP software. It allows for the integration of data from multiple sources into a single, unified system. This allows for more efficient and accurate reporting, as well as improved customer service. 
  
  How to use it: 
  To use online integration, users must first set up the system to integrate data from multiple sources. This includes setting up the necessary connections and mapping the data fields. Once this is done, users can then access the integrated data from a single interface. 
  
  Tips & Tricks: 
  When setting up online integration, it is important to ensure that all data fields are properly mapped and that all connections are secure. Additionally, it is important to regularly review the system to ensure that all data is up-to-date and accurate. 
  
  Related Information: 
  For more information on online integration, please refer to the SAP documentation on FS-SR Regulatory Reporting for Insurance Companies. Additionally, there are many online resources available that provide tips and tricks for setting up and using online integration.