Accenture to install new Air Force financial system

Accenture Ltd. has been selected by the Air Force to install the service's Defense Enterprise Accounting and Management System (DEAMS).

Under a $79.5 million fixed-price task order contract, Accenture of Hamilton, Bermuda, will implement Oracle Corp.'s E-Business Suite software at Scott Air Force Base by March 2007 and deploy the system across all of the service by 2010.

DEAMS is a co-production of the Air Force, Transportation Command, and Defense Finance and Accounting Service and will provide general ledger and other financial reporting functions.

DOD took the first step in this process in July, buying Oracle Corp.'s Joint Financial Improvement software for $22.7 million.

Under the contract, Accenture will ensure that the configuration, deployment and training of DEAMS meets Air Force, USTRANSCOM and DFAS requirements, officials said.

After the test at Scott AFB, the Office of the Secretary of Defense will review the results and authorize further development and deployment of DEAMS, officials said.

"DEAMs will re-engineer general funds and working-capital funds processes resulting in an integrated accounting and finance system," said Dick Honeywell, DEAMS program manager.

Jason Miller is assistant managing editor of Washington Technology's sister publication, Government Computer News.