Accenture Helps U.S. Army Go Live With New Financial System
New system integrates financial management capabilities and prepares Army for department-wide deployment
WASHINGTON; Oct. 15, 2008 – The U.S. Army has deployed release 1.2 of its financial system at Fort Jackson, S.C., with the help of Accenture (NYSE: ACN). The new financial system, known as the General Fund Enterprise Business System (GFEBS), integrates all related components and supports financial management and real property functions. The successful implementation of release 1.2 sets the stage for Army-wide deployment of the system by 2012.
Release 1.2 of GFEBS serves as the global design for all of the Army to provide organizations with new business processes in seven areas, including financial management, real property and cost management.
As the prime system integrator for the program, Accenture has worked with the Army’s Program Executive Office, Enterprise Information Systems, on GFEBS since July 2005, when it was awarded the contract to design, build, deploy and maintain the system, which eventually will consolidate and subsume approximately 84 existing information systems.
GFEBS is a Web-enabled solution based on commercial-off-the-shelf software from SAP that will integrate seamlessly into the Army’s information technology environment. The new financial system is designed to manage annual general fund appropriated expenditures across the Army, National Guard and Army Reserves. Serving more than 79,000 end-users at nearly 200 Army financial centers worldwide, GFEBS will become one of the world’s largest SAP implementations, enabling management of a budget that exceeds $140 billion.
Accenture and the Army have been working on GFEBS Release 1.2 since September 2006, following a technology demonstration that proved the ability of GFEBS to meet the information requirements needed to operate and support the management of real property inventory, part of the Army’s general fund.
“The system enables the Army to standardize and streamline its financial business processes so that it can provide continuous access to accurate, reliable and timely financial information across the entire organization,” said Eric Stange, managing director of Accenture’s Defense practice. “That access will enable the Army to make better decisions and provides for improved compliance and accountability.”
GFEBS Release 1.2 affects 221 users from eight deployment sites across several states and the Pentagon, including:
- Fort Jackson, S.C., Garrison;
- Installation Management Command Southeast Region (IMCOM SE) in Fort McPherson, Ga.;
- Defense Finance and Accounting Service in Indianapolis;
- IMCOM HQ in Arlington, Va.;
- the Office of the Assistant Chief of Staff for Installation Management; and
- Several offices of the Assistant Secretary of the Army (Financial Management and Comptroller).
Accenture is working concurrently on Release 1.3, which will include additional functionality for GFEBS to provide general fund financial management, asset management and real property capabilities at all garrisons and tenant organizations Army-wide.
Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. With more than 186,000 people in 49 countries, the company generated net revenues of US$23.39 billion for the fiscal year ended Aug. 31, 2008. Its home page is www.accenture.com.
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Contact: Lisa Meyer