What is standard activity agreement in SAP ICM - Incentive and Commission Management (ICM)?

SAP Term: standard activity agreement

• Component: ICM

• Component Name: Incentive and Commission Management (ICM)

• Description: Incentive and Commission Management Standard layout of the activity agreement in the commission contract.

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• Key Concepts: 
  Standard activity agreement is a feature of SAP ICM Incentive and Commission Management (ICM) that allows users to define and manage activities and associated rewards. It enables users to define activities, set up rewards, and track performance. It also allows users to create rules for calculating rewards based on performance metrics. 
  
  How to use it: 
  To use the standard activity agreement feature, users must first define the activities they want to track and reward. This includes setting up the criteria for each activity, such as the type of activity, the target audience, and the reward structure. Once the activities are defined, users can then set up rules for calculating rewards based on performance metrics. Finally, users can track performance and adjust rewards accordingly. 
  
  Tips & Tricks: 
  When setting up activities and rewards, it is important to consider the target audience and their needs. This will help ensure that the activities are relevant and that the rewards are meaningful. Additionally, it is important to review performance metrics regularly to ensure that rewards are being allocated accurately. 
  
  Related Information: 
  For more information about SAP ICM Incentive and Commission Management (ICM), please visit https://www.sap.com/products/incentive-and-commission-management.html