What is enforcement measure in SAP FS-CMS - Collateral Management System?

SAP Term: enforcement measure

• Component: FS-CMS

• Component Name: Collateral Management System

• Description: The process to compensate for the claims of the creditor over the due receivable payments of the debtor. The enforcement measures can be distinguished as: Real enforcement measures The creditor receives as compensation, access or other similar rights to the land of the debtor to settle his due claims. Chattel enforcement measures The debtor is forced to settle the due claims of the creditor. If the debtor does not pay, a special attachmentof debt is made to seize the affidavit.

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• Key Concepts: 
  Enforcement measure is a feature of the FS-CMS Collateral Management System (CMS) that allows users to take action against a debtor in order to recover a debt. This action can include seizing assets, freezing accounts, or other legal measures. The enforcement measure feature is designed to help users protect their financial interests and ensure that debts are paid in a timely manner. 
  
  How to use it: 
  The enforcement measure feature of the FS-CMS CMS can be used by users to take action against a debtor in order to recover a debt. This action can include seizing assets, freezing accounts, or other legal measures. The user must first identify the debtor and then select the appropriate enforcement measure from the list of available options. Once the enforcement measure has been selected, the user can then enter any additional information required for the action to be taken. 
  
  Tips & Tricks: 
  When using the enforcement measure feature of the FS-CMS CMS, it is important to ensure that all necessary information is entered correctly and accurately. This will help ensure that the action taken is effective and that the debt is recovered in a timely manner. Additionally, it is important to keep track of all actions taken so that any changes or updates can be made as needed. 
  
  Related Information: 
  For more information on how to use the enforcement measure feature of the FS-CMS CMS, please refer to the official documentation provided by SAP. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature effectively.