Quickcomputerstips
- Who uses Gfebs?
- What did Gfebs replace?
- Does Air Force use Gfebs?
- When did the army start using Gfebs?
- What is the role of Gfebs?
- Does Gfebs replace legacy systems?
- Does the Navy use Gfebs?
- How much did Gfebs cost?
- Who built Gfebs?
- How do I access Gfebs?
- Why was Gfebs created?
- What does Army Gfebs stand for?
- Does Gfebs comply with laws and regulations?
- What is Funds Management in Gfebs?
- What is cost management in Gfebs?
Who uses Gfebs?
GFEBS standardizes business processes and transactions across the active Army, the Army National Guard (ARNG) and the United States Army Reserve (USAR) at over 200 locations.
What did Gfebs replace?
Ultimately, GFEBS will replace more than 80 Army legacy accounting, finan- cial, and asset management systems, such as the Standard Finance System (STANFINS) and Standard Operations and Maintenance Army Research and Development System (SOMARDS).
Does Air Force use Gfebs?
GFEBS is an SAP-based ERP system while the Air Force's DEAMS uses Oracle software.
When did the army start using Gfebs?
Launched in 2012, the Army's General Fund Enterprise Business System (GFEBS) is one of the largest ERP systems globally, handling more than $164 billion in transactions annually.
What is the role of Gfebs?
GFEBS is the Army's cloud-based financial, asset and accounting management system that standardizes, streamlines and shares critical data across the active-duty Army, the Army National Guard and the Army Reserve. ... GFEBS also is a financial management ERP system for classified customers.
Does Gfebs replace legacy systems?
GFEBS replaces or absorbs more than 80 legacy accounting and asset management systems to standardize business processes and transactional input across the Army. GFEBS is one of the world's largest ERP systems, supporting approximately a million transactions each day.
Does the Navy use Gfebs?
GFEBS is an enterprise-resource planning solution that integrates financial, cost and performance data across the Army and beyond. ... With the Army's transition to GFEBS now complete, it was time to bring the Navy on board. In late 2018, Vice Adm.
How much did Gfebs cost?
The life-cycle cost estimate for GFEBS, which includes anticipated costs for the initial system investment, system operation and support, and existing systems phase-out, is $2.5 billion.
Who built Gfebs?
DODIG-2014-090, “Improvements Needed in the General Fund Enterprise Business System Budget-to-Report Business Process.” System (GFEBS) was developed for the Army by a third-party contractor and was implemented to standardize the Army's financial management and accounting functions and asset inventory and management.
How do I access Gfebs?
Launch the GFEBS Enterprise Portal directly: https://gfebs.army.mil/irj/portal. In order to access the GFEBS environment, you must have your CAC card and be authenticated for GFEBS. Authentication by GFEBS is the process that GFEBS uses for allowing access to the production system.
Why was Gfebs created?
GFEBS is intended to allow the Army to meet the requirements of the Federal Financial Management Improvement Act of 1996 and the Defense Finance and Accounting Service Guide to Federal Requirements for Financial Management Systems (the Blue Book).
What does Army Gfebs stand for?
General Fund Enterprise Business System (GFEBS) is an Enterprise Resource Planning (ERP) software tool built on Systems Applications and Products (SAP) that provide reliable data to better enable the Army leadership (Active, Guard, Reserve) to make decisions in support of the Warfighter.
Does Gfebs comply with laws and regulations?
The requirements mandated that GFEBS: •Provide modern financial capability to support the modular, joint, and expeditionary Army. Support timely, reliable, and accurate financial data for decision making. Replace legacy systems and processes that prevent reliable execution. Comply with laws and regulations.
What is Funds Management in Gfebs?
The Funds Management Process area incorporates both Budgeting and Funds Control / Distribution, for General Fund appropriations received by the Army. Budgeting and Funds Control / Distribution occur in both GFEBS ECC and GFEBS BI. The primary functions of Funds Management include: •Budgeting.
What is cost management in Gfebs?
GFEBS is a resource planning and financial management system. The system integrates finance performance, and cost data with related procurement, acquisition and contract data. Its programs cover budget, payroll, labor, equipment, and project spending.
