What is 'indirect remuneration' in SAP ICM - Incentive and Commission Management (ICM)?

indirect remuneration - Overview

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management A remuneration type that is disbursed as a bonus through a special processing run.

indirect remuneration - Details

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  Key Concepts:
  Indirect remuneration is a type of compensation that is paid to an employee or contractor for services rendered, but not directly related to the job they are performing. It can include bonuses, commissions, and other forms of non-salary payments.
  
  How to use it:
  In SAP ICM Incentive and Commission Management (ICM), indirect remuneration is used to reward employees or contractors for their performance. It can be used to incentivize sales, increase customer loyalty, and reward employees for their efforts. The system allows users to set up rules and conditions for the payment of indirect remuneration, as well as track and monitor payments.
  
  Tips & Tricks:
  When setting up indirect remuneration in SAP ICM, it is important to ensure that the rules and conditions are clearly defined and communicated to all parties involved. Additionally, it is important to ensure that the payments are tracked and monitored in order to ensure accuracy and compliance with regulations.
  
  Related Information:
  SAP ICM Incentive and Commission Management (ICM) is a comprehensive solution for managing incentive and commission payments. It provides users with the ability to set up rules and conditions for the payment of indirect remuneration, as well as track and monitor payments. Additionally, it provides users with the ability to analyze performance data in order to optimize incentive programs.