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

SAP Term: participation role

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management The type of participation in a commission case. In an insurance company you might expect the following types: Independent producer Co-producer Consultancy support Customer service representative Management

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• Key Concepts: 
  Participation role is a feature of ICM Incentive and Commission Management (ICM) that allows users to assign roles to participants in a commission plan. These roles can be used to define the responsibilities of each participant, such as who is responsible for approving or rejecting commission payments.
  
  How to use it: 
  To assign a participation role to a participant in an ICM commission plan, first select the participant from the list of available participants. Then, select the appropriate role from the drop-down menu. Finally, click “Save” to save the changes.
  
  Tips & Tricks: 
  When assigning participation roles, it is important to consider the responsibilities of each participant and ensure that they are assigned roles that are appropriate for their level of involvement in the commission plan.
  
  Related Information: 
  For more information about participation roles in ICM Incentive and Commission Management (ICM), please refer to the official SAP documentation.