What is level of target achievement in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: level of target achievement

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Indicates to what extent an agreed target has been met. The level of target achievement is expressed as a percentage.

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• Key Concepts:
  Level of target achievement is a metric used in ICM Incentive and Commission Management (ICM) to measure the performance of an individual or team against a predetermined goal. It is calculated by dividing the actual performance achieved by the target performance set.
  
  How to use it:
  The level of target achievement can be used to measure the success of an individual or team in achieving their goals. It can also be used to compare performance across different teams or individuals. The metric can be used to identify areas for improvement and reward successful performance.
  
  Tips & Tricks:
  When setting targets, it is important to ensure that they are realistic and achievable. This will ensure that the level of target achievement is an accurate reflection of performance. It is also important to ensure that targets are regularly reviewed and updated to reflect changing circumstances.
  
  Related Information:
  The level of target achievement metric can be used in conjunction with other metrics such as customer satisfaction, revenue growth, and cost savings to provide a more comprehensive view of performance.