What is clearing house in SAP LOD-CRM - Large Enterprise on Demand Customer Relationship Management?

SAP Term: clearing house

• Component: LOD-CRM

• Component Name: Large Enterprise on Demand Customer Relationship Management

• Description: A group of bank employees who are responsible for assigning leads, as generated by a client manager, to the appropriate deal closer and line of business.

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• Key Concepts: 
  A Clearing House is a component of the SAP LOD-CRM Large Enterprise on Demand Customer Relationship Management system. It is a central repository for customer data, allowing for the efficient exchange of information between different departments and systems. The Clearing House also provides a secure environment for the storage and retrieval of customer data. 
  
  How to use it: 
  The Clearing House can be used to store customer data, such as contact information, account details, and purchase history. This data can then be accessed by other departments or systems in order to provide better customer service. Additionally, the Clearing House can be used to track customer interactions and transactions, allowing for better analysis and reporting. 
  
  Tips & Tricks: 
  When using the Clearing House, it is important to ensure that all customer data is kept up-to-date and accurate. Additionally, it is important to ensure that all customer data is securely stored and protected from unauthorized access. 
  
  Related Information: 
  The Clearing House is part of the SAP LOD-CRM Large Enterprise on Demand Customer Relationship Management system. Other components of this system include the Customer Relationship Management (CRM) module, the Sales & Distribution (SD) module, and the Business Intelligence (BI) module.