Def Enter Acct Mgt Sys (Deams) Incr 2
The Defense Enterprise Accounting & Management System (DEAMS) is an Enterprise Resource Planning (ERP) program built upon the commercial-off-the-shelf (COTS) Oracle e-Business Suite (EBS) solution. DEAMS is the Department of the Air Force's (DAF) core accounting solution providing a modern financial management capability with robust auditability at its core, making it fundamental to achieving the Secretary of War's (SECWAR) priority for a clean Pentagon audit. By enhancing the accuracy of financial data and strengthening internal controls, DEAMS delivers the accountability necessary to ensure fiscal accountability, the responsible use of taxpayer dollars, and maintain public trust. DEAMS uses critical financial data to enhance future program planning and execution and will provide greater transparency to defense spending, making it easier to track how funds are being used and identify potential areas for savings. FY2027 funding will support continued capability development and functionalities within the system. This includes the on-going efforts of making system improvements to maintain an unqualified System and Organizations Control (SOC) audit opinion, ensuring compliance with audit and transparency requirements. Additionally, the funding will be used to continue to enhance the Governmental-Invoicing (G-Invoicing) capability to standardize intragovernmental buy/sell transactions as well as enhance data integrity and automation by evolving the Treasury Direct Disbursement (TDD) capability. The program will also begin integrating the Foreign Military Sales (FMS) accounting systems with DEAMS for improved financial visibility and reconciliation. The funding will also be used to continue to modernize technology by upgrading the Oracle e-Business Suite (EBS) infrastructure and analytic products. These upgrades will enhance system performance, security, and scalability, enabling DEAMS to remain an auditable accounting system. This program element replaces numerous inefficient and/or obsolete legacy systems with a single, integrated platform that standardizes financial data across the DAF. The streamlined approach ensures data consistency and accuracy, critical for reliable financial reporting and informed decision-making.
- Will continue to make system improvements to maintain an unqualified System and Organizations Control (SOC) audit opinion - Will continue enhancements of the Governmental Invoicing (G-Invoicing) capability - Will continue implementation of Treasury Direct Disbursement (TDD)- International Vendor Pay - Will continue the Oracle…
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