DFAS rolls out upgraded financial management system

The Defense Finance and Accounting Service has deployed an upgraded financial management system that is expected to reduce annual information processing costs by $11.1 million, or 56 percent.

The upgraded Defense Industrial Financial Management System, which was fully deployed on July 18, has been rehosted to a current IBM- and Sun-based platform for increased capability, reliability and cost, according to Zack E. Gaddy, director of DFAS.

DIFMS was upgraded from a proprietary Unisys system, according to a Pentagon news release.

“The upgraded system provides our customers a higher-quality product at a greater value,” Gaddy said. He added that the system would reduce the time it took to finish large batch processes.

The system supports the Defense Working Capital Fund and provides service to the Navy and Air Force.

About the Author

Connect with the GCN staff on Twitter @GCNtech.

Featured

  • Defense
    The Pentagon (Photo by Ivan Cholakov / Shutterstock)

    DOD CIO hits pause on JEDI cloud acquisition

    Dana Deasy set cloud as his office's top priority. But when it comes to the JEDI request for proposal, he's directed staff to "pause" to compile a comprehensive review.

  • Cybersecurity
    By Gorodenkoff shutterstock ID 761940757

    Waging cyber war without a rulebook

    As the U.S. looks to go on the offense in the cyber domain, critical questions remain unanswered around who will take the lead and how clearly to draw the rules of engagement.

  • Government Innovation Awards
    Government Innovation Awards - https://governmentinnovationawards.com

    Deadline extended for Rising Star nominations

    You now have until July 18 to help us identify the early-career innovators and change agents in government IT.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.