Accenture said the contract supports the final phase of development activities for the Defense Enterprise Accounting and Management System (DEAMS). DEAMS integrates data and processes across USAF, U.S. Transportation Command and the Defense Finance and Accounting Service.
DEAMS streamlines cost accounting, purchase requests, accounts payable, financial obligations, and collections and customer billing, giving the Air Force more timely, accurate and relevant financial data and helping the service achieve auditability.
“DEAMS is designed to give the U.S. Air Force a 21st century financial management system that will provide accurate, reliable and timely business information to support more effective decision-making,” said Joe Chenelle, Accenture’s U.S. defense and intelligence work lead.
Currently, DEAMS manages about $800 million in monthly billings and cash collection, and processes more than 100,000 invoices annually for the Air Force.
The system is currently operational at 40 Air Force bases. Accenture said DEAMS is also used by a number of support organizations including Defense Finance and Accounting Service locations in Limestone, Maine, and Columbus, Ohio.