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Air Force financial management system in final stages

Air Force financial management system in final stages

The Air Force has awarded Accenture a 30-month, $73 million contract to complete work on the Defense Enterprise Account and Management System, the Air Force’s principle financial transformation initiative.

When fully implemented at all bases, DEAMS will help the Air Force comply with the Defense Department’s Financial Improvement and Audit Readiness Plan, consolidating all of its enterprise resource planning systems into a single organization. 

DEAMS essentially consolidates and streamlines financial data across the Air Force, the U.S. Transportation Command and the Defense Finance and Accounting Service, integrating data from cost accounting, purchase requests, accounts payable, financial obligations and collections and customer billing for greater accuracy and more timely financial data. 

The system is currently operational at 40 Air Force bases, managing roughly $800 million in monthly billings and cash collection and processing over 100,000 invoices for the Air Force each year. 

Posted by Mark Pomerleau on Sep 24, 2015 at 12:53 PM


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