SAP Profitability and Performance Management stands for the abbreviation SAP PaPM. SAP PaPM was formerly known as SAP FS-PER, which stands for Performance Management for Financial Services.
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Reporting based on IFRS 17 is not always easy as it seems to be - as insurance companies have several IT-systems in their portfolio, the biggest challenge, in my opinion, is to connect all of the systems to get the right data and consequently the right report.
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