What is approval chain in SAP LOD-SF-PM - Performance Management?

SAP Term: approval chain

• Component: LOD-SF-PM

• Component Name: Performance Management

• Description: Checklist that shows who needs to approve a specific review document and in which sequence before the review is considered valid.

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• Key Concepts: 
  Approval chain is a feature of SAP Performance Management that allows users to define a sequence of approvers for a particular task. This chain of approvers can be used to ensure that the task is approved by the right people in the right order. The approval chain can be customized to fit the needs of the organization, and it can include multiple levels of approval. 
  
  How to use it: 
  To use the approval chain feature, users must first define the sequence of approvers for a particular task. This can be done by selecting the approvers from a list of available users or by creating a new user group. Once the approvers have been selected, they must be assigned to the task. The approval chain will then be triggered when the task is submitted for approval. 
  
  Tips & Tricks: 
  When setting up an approval chain, it is important to consider who should be included in each level of approval. It is also important to consider how long each level should take and how many levels should be included in the chain. Additionally, it is important to ensure that all approvers are aware of their role in the process and are able to access the task when needed. 
  
  Related Information: 
  For more information on setting up an approval chain in SAP Performance Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide step-by-step instructions on how to set up an approval chain in SAP Performance Management.