BROKER COLLECTIONS title: broker collections (FS-CD) (SAP Library - Glossary)
BROKER COLLECTIONS category: Collections/Disbursements (FS-CD)
BROKER COLLECTIONS explained:
Collection procedure for the insurance company, in which brokers deal with payment transactions and communication with the customers for the insurance company.
The special feature of broker collections is the fact that the customer for the insurance company does not communicate directly with the company, and does not directly perform any payment transactions resulting from the collection of insurance premiums and the disbursement of claims. In broker collections, the customer communicates almost exclusively with the broker.
The insurance company manages the portfolios for customer contracts; no portfolios are submitted to the broker.
More terms such as broker collections in Dictionary B.
- Manual Business Area (SV-ASA):
- Help A unit in an enterprise that groups product and market combinations as homogeneously as possible for the purpose of developing unified business policy broker collections definition.
- Manual Backup Host:
- Help A host that is running a backup index server broker collections explain.
- Manual Basic Price (IS-U-BI):
- Help Fixed amount-independent part of a price broker collections what is.
- Manual Budget Apportionment:
- Help An appropriation distributed according to the relevant budget hierarchy broker collections meaning.
- Manual Broker Report History:
- Help broker reports that can be generated with various selection criteria (broker, contract, status of broker report, and so on), and which allows you to goto master data and correspondence broker collections abbreviation.
