- Lack of accurate or recent financial management information for timely decision making
- Lack of traceability between customer bills, source financial transactions and labor costs
- Weak or suboptimal internal accounting controls
- Compliance with required federal and agency defined standards (JFMIP, SGL, BEA)
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- Replaced patchwork of legacy systems with single integrated FSIO compliant COTS suite (Momentum)
- Trained and prepared 18,000 timekeeping users across 27 sites in the U.S., Europe and Japan
- Developed over 30 interfaces using EAI technology to integrate solution with DFAS and DoD enterprise systems
- Configured system to comply with requirements set forth by the DoD FMR, Standard Fiscal Code, JTIC and BTA regulations
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- Clean audit opinions since initial year of implementation
- Retired use of three legacy systems
- Dramatically improved decision making and financial visibility
- Timely and accurate customer bills
- Cost reductions - DFAS attained a 15% efficiency gain across 1800 management staff translating into $28M savings annually
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