EDU 202 GFEBS Essentials Notes Quizzes- Distinction

Welcome to the GFEBS Overview lesson. In this lesson, we begin to answer many ofthe most frequently asked questions about GFEBS.First, what is the General Fund Enterprise Business System, or GFEBS, as it iscommonly referred? GFEBS is a decision-support tool that provides reliable data tobetter enable Army leaders to make decisions in support of the war fighting capability.In addition, GFEBS provides:• Financial, asset, accounting, and cost data• Leaders and managers with new data to transform the Army to a cost managementculture• An Army-wide solution across the three components (Active Army, Army NationalGuard, and the Army Reserve)GFEBS is an Enterprise Resource Planning (ERP) solution built on Systems,Applications & Products in Data Processing (SAP) which is a commercial off-the- shelf(COTS) system. Ultimately, GFEBS provides the information that Army leadershipneeds to make decisions that support the war fighter mission.GFEBS supports the entire Army, including all components and commands. It providesthe necessary financial information as it relates to all aspects of the Army's GeneralFund. It also helps the Army train, sustain, and equip Soldiers by providing timelyrelevant financial information. Approximately one million transactions a day areprocessed in GFEBS.Clickon the four numbers below to learn more.In addition to the congressional mandate, GFEBS has been implemented to achieve therequirements mandated by the Business Transformation Agency (BTA).The requirements mandated that GFEBS:•Provide modern financial capability to support the modular, joint, and expeditionaryArmy.•Support timely, reliable, and accurate financial data for decision making.•Replace legacy systems and processes that prevent reliable execution.•Comply with laws and regulations.GFEBS meets the needs of these requirements and brings the Army into a brand newway of doing business.The GFEBS solution provides many benefits over legacy systems. Overall, GFEBS has minimized the complexity and inefficiencies of the legacy financialinformation environment by replacing 80% of the overlapping and redundant systems. Itprovides a single source for Army financial management information.More specifically, as a result of GFEBS, the integration of financial information allows fordirect charge of intra-Army payments, funds tracking, budget and execution, internalcontrols, and much more.Clickthrough the list of benefits before continuing.GFEBS strategically supports and improves the current Department of Defense (DoD)Business Enterprise Architecture by providing functionality that supports variousbusiness components. These include acquisitions, logistics, human resources andstrategic planning and budgeting.Now that you have seen how GFEBS replaced and supports the Department ofDefense's Business Enterprise Architecture, we can look at who contributed informationto make the GFEBS program possible and successful. Active senior leadership supportwas vital to the success of GFEBS. In addition, the creation and design for the systemrequired participation from across the Army, including the functional communities whouse resources to produce and sustain the Army.Clickthe info button in the top right area to view a list of subject matter expert (SME)organizations that offered the Army As-Is analysis and To-Be business processes. Theorganizations are listed in alphabetical order. Which of the following is an example of a legacy environment deficiency?Many costly interfacesMaintained many systemsRequired data to be entered into several systemsAll of the above GFEBS supports all the following DoD Bus