What is commission recipient in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: commission recipient

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Umbrella term for all people who perform activities for a sold-to-party and receive remuneration as a result commission and incentives. There are two types of commission recipients: Commission contract partner Commission recipient who has an individual commission contract as a result of contract negotiations with the sold-to-party. Agent without own commission contract Commission recipient whose remuneration rules are from a general commission contract. This could be the commission contract of the cooperation partner where the agent is listed as an employee.

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• Key Concepts: 
  A commission recipient is an individual or organization that receives a commission from a company for services rendered. In SAP ICM, commission recipients are defined in the system and can be assigned to different commission plans. 
  
  How to use it: 
  In SAP ICM, commission recipients can be created and managed in the system. The commission recipient can be assigned to different commission plans and the system will calculate the commissions based on the plan. The commission recipient can also be assigned to different roles such as sales representative, sales manager, or customer service representative. 
  
  Tips & Tricks: 
  When creating a commission recipient in SAP ICM, it is important to ensure that all relevant information is entered correctly. This includes the name, address, contact information, and any other relevant information. It is also important to ensure that the commission recipient is assigned to the correct commission plan. 
  
  Related Information: 
  SAP ICM provides a comprehensive set of tools for managing commissions and incentives. It allows companies to define different commission plans and assign them to different commission recipients. It also provides reporting capabilities so that companies can track their commissions and incentives.