Military movers migrating to Oracle financial system

Military movers migrating to Oracle financial system

The Military Traffic Management Command will replace its 1970s proprietary financials system with an Oracle Corp. system to handle accounting and financial management tasks.

Project manager Steve Jebo said the new system, using Oracle Federal Financials and slated to go live next June, will let the command's 2,500 Army employees use payment receipts to track freight. The system is accessible by browser and the software won't require customization, an Oracle spokesman said.

KPMG LLC of New York, working from its McLean, Va., office, has started implementing the software and is expected to finish work in 14 months.

MTMC's mission includes worldwide movement of Defense Department freight, plus service members' personal property and privately owned vehicles. It is a joint command with Navy and Air Force partners, including the Military Sealift Command and the Air Mobility Command.

The Sealift Command began using the Oracle financial software last year and has had good results, Jebo said.

The current system uses automated files to generate financial management reports and accounting entries.

'This system has not been able to meet Department of Defense-imposed accounting standards of recent years,' Jebo said. 'In recent years, the Pentagon has faced increasing public and congressional scrutiny of its financial controls and fiscal record-keeping.'

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