What is partner of a partnership in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: partner of a partnership

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Commission contract partner that belongs to a partnership.

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• Key Concepts: 
  A partner of a partnership in SAP ICM Incentive and Commission Management (ICM) is an individual or organization that has a contractual relationship with the partnership. Partners are responsible for providing services, products, or other resources to the partnership in exchange for a commission or other form of compensation. Partners can be internal or external to the organization. 
  
  How to use it: 
  In SAP ICM, partners are managed through the Partner Management module. This module allows users to create and manage partner profiles, assign roles and responsibilities, and track commissions and payments. The Partner Management module also provides reporting capabilities to help users analyze partner performance and identify areas for improvement. 
  
  Tips & Tricks: 
  When creating a partner profile in SAP ICM, it is important to ensure that all relevant information is included. This includes contact information, payment terms, commission rates, and any other relevant details. Additionally, it is important to keep the partner profile up-to-date in order to ensure accurate tracking of commissions and payments. 
  
  Related Information: 
  For more information on managing partners in SAP ICM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_ICM/latest/en-US/f9f8d7a2b3e14c8a9f3d7c2b6f5e4d1a.html