The January 25, 2013 directive calls for renewed efforts across the DoD for improved budget process coordination, controls, and accuracy. The DoD's process for Programming, Planning, Budgeting, and Execution is used by defense agencies and contractors to manage their fiscal budget while staying on track to meet programmatic goals.
PPBE and PMADS
The PMADS software platform enables real-time collaboration, decision-making and analysis for all aspects of the PPBE process. PMADS completely synchronizes all stakeholder actions and communications. PM's gain complete visibility into their program, increased operational efficiencies, and improved forecasting ability.
The General Fund Enterprise Business System (GFEBS) is an Army financial asset management and accounting tool used by the Army, Army National Guard and Army Reserve to standardize business processes. Over 52,000 end users in 227 locations use GFEBS to manage army acquisition, finances and contracts. GFEBS replaced the Standard Finance System (STANFINS) and the Standard Operations and Maintenance Army Research and Development System (SOMARDS).
GFEBS: Why is it Important?
Army Leadership sought greater visibility of operational and contracting activities at all levels in the organization. They wanted the ability to maintain accurate cost data and to improve forecasting. GFEBS was designed to evolve the Army from a spending culture to position of pro-active cost management.
PMADS: Added Value for GFEBS
PMADS enhances and clarifies GFEBS transactions and reports by providing a completely centralized and synchronized data set to every user throughout the cradle-to-grave acquisition process.
PMADS helps GFEBS bring more value to the table for program managers and the entire workforce.
Value: PMADS accounts for Direct Charge Funds across both spending and receiving organizations.
Value: PMADS automatically tracks every funding document associated with GFEBS WBS. Documents are tracked to the correct Direct Charge every time.
Value: PMADS displays accurate financial data without having to run multiple reports. Gain real time reports of all committed/obligated moneys without having to run multiple reports.