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

SAP Term: organizational structure

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management You use the organizational structure to represent and process disciplinary assignments, remuneration flows and statistical aggregations. In an insurance company, the organizational structure models the hierarchical picture of an organization generally sales and distribution, in particular for the derivation of overriding commissions.

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• Key Concepts: 
  Organizational structure is a way of organizing the different departments, teams, and roles within a company. It is used to define the relationships between different parts of the organization and to ensure that everyone is working together in an efficient and effective manner. In SAP, the ICM Incentive and Commission Management (ICM) component is used to manage the organizational structure of a company. 
  
  How to use it: 
  The ICM component allows users to create and manage organizational structures within SAP. This includes creating departments, teams, roles, and other organizational elements. It also allows users to assign employees to different roles and departments, as well as set up commission structures for sales teams. 
  
  Tips & Tricks: 
  When setting up an organizational structure in SAP, it is important to ensure that all elements are properly linked together. This will help ensure that everyone in the organization is working together in an efficient manner. Additionally, it is important to keep the organizational structure up-to-date as changes occur within the company. 
  
  Related Information: 
  For more information on how to use the ICM component in SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this component effectively.