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The component SAP Collections Management provides support for proactive receivables management. Using collections strategies, you can evaluate and prioritize customers from a receivables management view. Customers that fulfill the rules defined in a strategy are distributed to worklists.Collection management is the term most used to describe the area of librarianship that deals with collections. Collection management incorporates the variety of functions involved in selecting, acquiring, storing, and maintaining collections in a cost-effective manner.These stages start with selection, acquisitions processing, cataloguing and press marking and go through to preservation, conservation, storage, retrieval, and the de-accession of duplicates.A collection group is a group of collection specialists (see also the characteristic Collection Specialist) whose worklists are created according to the same collection strategy (see also the characteristic Collection Strategy).Buckets: Used to collect the sap as it drips from the spile. Lids: Attached to the top of the bucket to prevent rain, snow, and foreign material from entering the bucket. Drill Bit: Depending upon the type of spile used, either a 5/16 or 7/16 drill bit is used to drill the tap hole into your maple tree.Claim Management ensures that subsequent claims against the contract partner, resulting from variances, can be prepared, and submitted at the appropriate moment, or claims by the contract partner can be headed off.

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