What is special risk notification in SAP (FS-PM - Policy Management)?

SAP Term: special risk notification

• Component: FS-PM

• Component Name: Policy Management

• Description: Data record referring to a risk that a processor can enter in the system. When an insurance application is being processed, such a notification indicates that a special risk is involved.

Smart SAP Assistant

• Key Concepts: 
  Special risk notification is a feature of the SAP FS-PM Policy Management component. It allows users to identify and monitor potential risks in their financial processes. The feature provides an alert when a risk is detected, allowing users to take corrective action before the risk becomes a problem. 
  
  How to use it: 
  To use the special risk notification feature, users must first configure the system to detect potential risks. This includes setting up rules and thresholds for different types of risks. Once configured, the system will automatically detect any potential risks and send an alert to the user. 
  
  Tips & Tricks: 
  When configuring the system, it is important to set up rules and thresholds that are appropriate for your organization. This will ensure that the system is able to detect potential risks without generating too many false positives. Additionally, it is important to review any alerts that are generated and take appropriate action as soon as possible. 
  
  Related Information: 
  For more information on special risk notification in SAP FS-PM Policy Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tips and tricks for using this feature effectively.