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

SAP Term: remuneration distribution

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Determined by the distribution category.

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• Key Concepts:
  Remuneration distribution is a feature of SAP ICM Incentive and Commission Management (ICM) that allows companies to manage and distribute payments to employees, partners, and other stakeholders. It enables companies to accurately track and manage the payment of incentives, commissions, bonuses, and other forms of remuneration.
  
  How to use it:
  The remuneration distribution feature of ICM allows companies to set up payment rules for different types of remuneration. Companies can define the criteria for payment eligibility, the amount of payment, and the payment schedule. The system also allows companies to track payments and generate reports on payments made.
  
  Tips & Tricks:
  When setting up payment rules for remuneration distribution, it is important to ensure that all stakeholders are aware of the rules and understand how they will be paid. It is also important to ensure that all payments are tracked accurately in order to avoid any discrepancies or disputes.
  
  Related Information:
  SAP ICM Incentive and Commission Management (ICM) is a comprehensive solution for managing incentive and commission payments. It provides a range of features including performance management, budgeting, forecasting, reporting, and remuneration distribution.