What is accelerator in SAP (LOD-SF-CMP - Compensation Management)?

SAP Term: accelerator

• Component: LOD-SF-CMP

• Component Name: Compensation Management

• Description: A feature in an incentive plan that is used to increase the incentive opportunity when certain performance criteria are met or exceeded. When a participant meets his or her respective accelerator criteria target, the accelerator may apply to the payout of the individual goal itself, other goals, other incentive components, or the total plan payout.

Smart SAP Assistant

• Key Concepts: 
  An SAP accelerator is a tool that helps to speed up the implementation of SAP software. It is a set of pre-configured components that can be used to quickly and easily deploy an SAP system. The LOD-SF-CMP Compensation Management accelerator is a set of pre-configured components that can be used to quickly and easily deploy an SAP system for compensation management. 
  
  How to use it: 
  The LOD-SF-CMP Compensation Management accelerator can be used to quickly and easily deploy an SAP system for compensation management. It includes pre-configured components such as salary structures, bonus plans, and performance reviews. It also includes templates for creating job descriptions, job postings, and job evaluations. 
  
  Tips & Tricks: 
  When using the LOD-SF-CMP Compensation Management accelerator, it is important to ensure that all of the pre-configured components are properly configured before deploying the system. Additionally, it is important to ensure that all of the templates are properly filled out before deploying the system. 
  
  Related Information: 
  For more information on the LOD-SF-CMP Compensation Management accelerator, please visit the SAP website at https://www.sap.com/products/compensation-management.html. Additionally, there are many online resources available that provide tutorials and tips on how to use the LOD-SF-CMP Compensation Management accelerator.