Accenture Awarded $73M Air Force Contract to Complete Financial Management System

The U.S. Air Force (USAF) has awarded Accenture Federal Services a 30-month, $73 million contract to complete work on the Air Force's financial management system. The contract supports the final phase of development activities for the Defense Enterprise Accounting and Management System (DEAMS), the service's principal financial transformation initiative. 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. See full press release