Notes from OICig.oaug.org
1. OIC --> Indivi--> Role --> Comp Plan --> Trx --> How Much money.
2. When to Compensate.
Application Footprint
--> Trx Input --> OM/AR and Legacy
--> Individual --> Resource Manager/Territory Manager
--> Setups --> Comp Plans
--> Process --> Collection/Calculations/Payment
--> Output to --> Payroll emp/Payables/Vendor
Reports --> Discoverer/JSP Reports
Resource Manager --> CRM foundation Module.
Employee data imported form HRMS system to resource Manager.
OIC --> Can pay all types of resources.
Resource Manager -->
Roles
--> Grp of resources
---> assign compensation plan to all
--> Multiple roles possible for same resource.
Grps -->
--> Define the hierarchy
--> Assign usage to a resource grp determines which application can access the grp
--> Arrange into Hierarchy to to define rollup and approval hierarchies.
Territory Manager
--> Scalable Rule based assiugnment engine
--> Define who owns what
--> Enable Org to automatically assign Business Objects on configurable Business rules.
Assign resources based on Parties/party sites. Postal code and country etc.
Terri Mgr & saes credit allocation --> Terr M in conjuction with OIC detemine whiare the cedit receivers for the sales trx.
Compensation Process Overview
----------------------------------
Sales Planning --> Plan design --> Define Resources and roles -> Assign Plans --> Quata allocation and Distribution --> Finalize the plan and distribute--> Plan Maintenance --> Collection --> Calculaiton ---> Trx adjustment --> Payment -> Reporting
-----------------------------
Compensation Plan
--> Set of Plan elements
--> Defined with a target compensation in Mind.
------------
Comp Plan --> PE --> Bonus --> Formula and rate table
--> Commision --> RT /Formula/Revenue Class
PE --> Grping of Revenue Classes --> Determine the eligibility of the transactions for compensation purposes.
PE -> Achievement levels/Accelarators/Calculation formulas/RT
Revenue Class --> Compensation by type of revenue --> determine if a Salesperson can be paid for a particular trx or not.
Formula --> Inpt and Outpt expression of formulas.
Dimensations --> Define the tiers that are used in a rate tables to calculate commision %age.
Rate tables -->
Comp Trx Flow -->
Input data --> Collection --> calculation --> payment --> report
Collections --> Legacy + seeded
Unprocessed Transaction Report -> Do the adjustments
Load process
Phases of calcualtions -->
Classification phase --> attaches the revenue class
Rollup phase --> determines who all salesperson should receive the credit for the trx . Rollup Trxns.
Populations --> OIC identifies the appropriate plan element and revenue classes that matches salesperson's compensation plans.
Calculation phase --> Totals the credit and checks the quota figure to deterine rate tier, calculates the final commision amt.
Payment process --> Who is to be paid --> Pay grp --> for what -> and whrn
Payment -> pushes data to payroll/AP or legacy
Payment process -->
Payrun/Payrun details --> Payrun -> send to ayroll
1. OIC --> Indivi--> Role --> Comp Plan --> Trx --> How Much money.
2. When to Compensate.
Application Footprint
--> Trx Input --> OM/AR and Legacy
--> Individual --> Resource Manager/Territory Manager
--> Setups --> Comp Plans
--> Process --> Collection/Calculations/Payment
--> Output to --> Payroll emp/Payables/Vendor
Reports --> Discoverer/JSP Reports
Resource Manager --> CRM foundation Module.
Employee data imported form HRMS system to resource Manager.
OIC --> Can pay all types of resources.
Resource Manager -->
Roles
--> Grp of resources
---> assign compensation plan to all
--> Multiple roles possible for same resource.
Grps -->
--> Define the hierarchy
--> Assign usage to a resource grp determines which application can access the grp
--> Arrange into Hierarchy to to define rollup and approval hierarchies.
Territory Manager
--> Scalable Rule based assiugnment engine
--> Define who owns what
--> Enable Org to automatically assign Business Objects on configurable Business rules.
Assign resources based on Parties/party sites. Postal code and country etc.
Terri Mgr & saes credit allocation --> Terr M in conjuction with OIC detemine whiare the cedit receivers for the sales trx.
Compensation Process Overview
----------------------------------
Sales Planning --> Plan design --> Define Resources and roles -> Assign Plans --> Quata allocation and Distribution --> Finalize the plan and distribute--> Plan Maintenance --> Collection --> Calculaiton ---> Trx adjustment --> Payment -> Reporting
-----------------------------
Compensation Plan
--> Set of Plan elements
--> Defined with a target compensation in Mind.
------------
Comp Plan --> PE --> Bonus --> Formula and rate table
--> Commision --> RT /Formula/Revenue Class
PE --> Grping of Revenue Classes --> Determine the eligibility of the transactions for compensation purposes.
PE -> Achievement levels/Accelarators/Calculation formulas/RT
Revenue Class --> Compensation by type of revenue --> determine if a Salesperson can be paid for a particular trx or not.
Formula --> Inpt and Outpt expression of formulas.
Dimensations --> Define the tiers that are used in a rate tables to calculate commision %age.
Rate tables -->
Comp Trx Flow -->
Input data --> Collection --> calculation --> payment --> report
Collections --> Legacy + seeded
Unprocessed Transaction Report -> Do the adjustments
Load process
Phases of calcualtions -->
Classification phase --> attaches the revenue class
Rollup phase --> determines who all salesperson should receive the credit for the trx . Rollup Trxns.
Populations --> OIC identifies the appropriate plan element and revenue classes that matches salesperson's compensation plans.
Calculation phase --> Totals the credit and checks the quota figure to deterine rate tier, calculates the final commision amt.
Payment process --> Who is to be paid --> Pay grp --> for what -> and whrn
Payment -> pushes data to payroll/AP or legacy
Payment process -->
Payrun/Payrun details --> Payrun -> send to ayroll
