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

SAP Term: ICM package

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management A container for objects that belong together either thematically or technically. Unlike other development packages, packages can contain Customizing as well as development objects. You construct your commission application using packages. There are two types of packages, core packages and enhancement packages. Core package: Each commission application has only one core package that determines the type of application. Enhancement package: These packages require at least one additional package core or enhancement package. Many enhancement packages can be combined and are compatible, whereas others are mutually exclusive. The choice of enhancement packages determines the scope of the commission application and the level of preconfiguration.

Smart SAP Assistant

• Key Concepts: 
  ICM package is a component of SAP Incentive and Commission Management (ICM) that helps organizations manage their incentive and commission programs. It provides a comprehensive set of tools to manage the entire lifecycle of incentive and commission programs, from design to execution. It also provides a range of analytics and reporting capabilities to help organizations better understand their incentive and commission programs.
  
  How to use it: 
  The ICM package can be used to design, configure, and manage incentive and commission programs. It provides a range of features such as program design, program configuration, program execution, analytics, and reporting. It also provides a range of tools to help organizations manage their incentive and commission programs more effectively.
  
  Tips & Tricks: 
  When using the ICM package, it is important to ensure that the program is configured correctly. This includes setting up the correct rules for calculating commissions, setting up the correct payment schedules, and ensuring that all data is accurate. Additionally, it is important to ensure that all stakeholders are aware of the program and its rules.
  
  Related Information: 
  The ICM package is part of SAP Incentive and Commission Management (ICM). Other components of ICM include SAP Incentive Administration (IA), SAP Incentive Calculation (IC), SAP Incentive Reporting (IR), and SAP Incentive Analytics (IA). Additionally, there are a range of third-party solutions available for managing incentive and commission programs.