Accenture Federal Services [ACN] yesterday said the company completed deployment of the General Fund Enterprise Business System (GFEBS) in July, and the enterprise resource planning system is now operational.
The system helps the Army achieve auditability while streamlining business processes at 227 Army bases and offices in 71 countries, including the United States, Kuwait, Germany and South Korea, the company said in a statement.
For the first time, the Army has a single source for financial, real property, cost management and performance data, as well as a core system of record for the Army General Fund.
With more than 52,000 system users, GFEBS now processes more than one million transactions a day for the Army, Army National Guard and Army Reserve. GFEBS replaces 107 Army legacy accounting, financial and asset management systems and integrate 50 additional systems. Twenty legacy systems have been retired to date.
“Our defense clients are facing tremendous financial and budgetary pressures. GFEBS is helping the Army realize cost savings while increasing efficiencies,” said John Goodman, who leads Accenture’s defense and intelligence agency business. “Accenture provides decision makers with systems and processes to better manage the enterprise and generate savings.”
GFEBS supports one of the Army’s most critical goals: achieving audibility. GFEBS is the first Army-wide system to meet and sustain Federal Financial Management Improvement Act compliance, helping the Army standardize and streamline its financial business processes, providing continuous access to accurate, reliable and timely financial information. More than an accounting system, GFEBS is the Army’s new business system. Managers can make more informed decisions with the ability to direct the cost, schedule and performance of programs through one, integrated, highly visible system.
GFEBS is the first enterprise resource planning (ERP) system in the Defense Department to: Deploy to regional Unified Combatant Commands; Enable real property management at joint bases; Process foreign national payroll; and Integrate with medical logistics.
System users now have data and information they were unable to capture before GFEBS. The system can allocate or assign costs, produce full cost data, relate costs to outcomes and performance and enable cost planning and cost control. GFEBS provides visibility of transactions in real time and in the aggregate to better leverage resources and inform program and budget decisions.
Accenture mans a help desk for system users, 24-hours a day, seven days a week.