What is acceleration in SAP (PA-EC - Enterprise Compensation Management)?

SAP Term: acceleration

• Component: PA-EC

• Component Name: Enterprise Compensation Management

• Description: A means of allowing employees to exercise their awards earlier instead of using the normal vesting schedule, for example, in the event of a merger.

AnswerBot for ERP

• Key Concepts: 
  Acceleration is a feature of the PA-EC Enterprise Compensation Management component of SAP. It allows for the acceleration of payments to employees based on performance or other criteria. This feature allows for the payment of bonuses or other incentives to be made quickly and efficiently. 
  
  How to use it: 
  The acceleration feature of PA-EC Enterprise Compensation Management can be used to quickly and efficiently pay out bonuses or other incentives to employees. This feature can be used to reward employees for their performance or other criteria. The payment can be made in a variety of ways, such as through direct deposit, check, or other methods. 
  
  Tips & Tricks: 
  When using the acceleration feature of PA-EC Enterprise Compensation Management, it is important to ensure that all criteria for payment are met before making the payment. This will help ensure that the payment is made correctly and efficiently. Additionally, it is important to ensure that all necessary paperwork is completed before making the payment. 
  
  Related Information: 
  The acceleration feature of PA-EC Enterprise Compensation Management is part of SAP's suite of Human Capital Management (HCM) solutions. Other features of HCM include payroll processing, employee benefits management, and workforce analytics. Additionally, SAP offers a variety of other solutions for managing employee compensation, such as its Performance and Goals Management solution.