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

SAP Term: participation

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management An activity being carried out by several people together and represents the combination of several direct participants. Participation can differ within a commission case since, for example, a new portfolio representative may assume tasks at a time when one object has already become valid and a second one has not yet become valid this representative may in certain cases be the direct participant. &EXAMPLE& New business involving both life insurance and health insurance. One agent is responsible for the life insurance and a different agent is responsible for the health insurance. Both are entitled to share the commission.

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• Key Concepts: 
  Participation is a feature of ICM Incentive and Commission Management (ICM) that allows users to assign a percentage of commission to different participants in a sales process. This feature allows users to divide the commission among multiple participants, such as sales representatives, managers, and other stakeholders. 
  
  How to use it: 
  To use the participation feature in ICM, users must first create a participation rule. This rule defines the percentage of commission that each participant will receive. Once the rule is created, it can be applied to any sales process. The commission will then be divided among the participants according to the rule. 
  
  Tips & Tricks: 
  When creating a participation rule, it is important to consider the roles of each participant in the sales process. This will help ensure that each participant receives an appropriate amount of commission. Additionally, it is important to review the participation rule regularly to ensure that it is still relevant and up-to-date. 
  
  Related Information: 
  For more information about ICM Incentive and Commission Management (ICM), please visit SAP’s website at https://www.sap.com/products/incentive-and-commission-management.html. Additionally, SAP provides a comprehensive guide on how to use ICM at https://help.sap.com/viewer/product/SAP_ICM/latest/en-US/.