Quickcomputerstips
- What does Gfebs provide the Army with?
- Does Air Force use Gfebs?
- When did the army start using Gfebs?
- What is Gfebs?
- Does Gfebs replace legacy systems?
- Does the Navy use Gfebs?
- Who built Gfebs?
- How much did Gfebs cost?
- How do I access Gfebs?
- Why was Gfebs created?
- Does Gfebs comply with laws and regulations?
- What is Funds Management in Gfebs?
- What is Gfebs SA?
- What is a WBS in Gfebs?
What does Gfebs provide the Army with?
GFEBS enables the Army to fully assess the results of its financial and property management performance and costs to facilitate timely decision-making through the use of accurate, transaction-based information across the Active Army, the Army National Guard and the Army Reserve.
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 Gfebs?
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 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.
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 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.
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).
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 Gfebs SA?
The General Fund Enterprise Business System (GFEBS) develops, acquires, integrates, deploys and sustains enterprise-wide financial and procurement management capabilities to support the Army's current and future missions.
What is a WBS in Gfebs?
In a WBS, the groupings of work are described in the project as individual elements in a hierarchy. ... So in GFEBS, a Work Breakdown Structure is a hierarchical arrangement of WBS elements under a project definition. In GFEBS, there can only be one WBS directly below the Project Definition.
