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General Fund Enterprise Business Systems

May. 21, 2014 - 02:13PM   |  
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Spc. Rodolfo Moreno, a finance specialist with the 4th Financial Management Company, 1st Advise and Assist Task Force, 1st Infantry Division, conducts routine checks and services on a kiosk outside of his office.
Spc. Rodolfo Moreno, a finance specialist with the 4th Financial Management Company, 1st Advise and Assist Task Force, 1st Infantry Division, conducts routine checks and services on a kiosk outside of his office. (Staff Sgt. Robert Dedeaux/Army)

Contact

Col. Patrick Burden, project manager, (703) 545-8816

www.gfebs.army.mil

Description

The General Fund Enterprise Business System (GFEBS) is moving the Army toward a more fiscally responsible cost management culture. Since 2012, GFEBS has expanded its reach and is now responsible for the acquisition life cycle management of not only GFEBS, but a financial management system for classified information, and for the Army Contract Writing System as well.

Results

GFEBS has been fully deployed to more than 58,000 end users at 227 locations in 71 countries. This achievement is still unmatched in the Department of Defense (DoD). For the first time, Army and DoD leadership have real-time visibility into Army financial data. This provides the foundation for informed decision-making as the Army shifts from a spend-based budget culture to a planning and analyzing cost culture.

In 2013, GFEBS executed over 65 million financial transactions and obligated more than $118 billion dollars, a 39 percent increase compared with 2012. GFEBS’ quarterly software releases included critical end-user functionality to include Standard Procurement System consolidated buys and Electronic Funds Distribution process.

The Army Audit Agency deemed GFEBS to be over 96 percent compliant with over 1,100 federal financial management system requirements mandated by the Federal Financial Management Improvement Act.

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