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3 rd ARMY / USARCENT Transitioning to a Near Cashless Theater

3 rd ARMY / USARCENT Transitioning to a Near Cashless Theater. Professional Development Institute Orlando, FL 3 June 2010. UNCLASSIFIED. USARCENT Financial Management Operations. Theater Army Financial Management Report. Specified Tasks Manage Title 10 funds Resource OEF/OIF.

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3 rd ARMY / USARCENT Transitioning to a Near Cashless Theater

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  1. 3rd ARMY / USARCENT Transitioning to a Near Cashless Theater Professional Development Institute Orlando, FL 3 June 2010 UNCLASSIFIED

  2. USARCENT Financial Management Operations Theater Army Financial Management Report • Specified Tasks • Manage Title 10 funds • Resource OEF/OIF • Theater FM Initiatives • FM/Contracting systems • Cost culture • Cost of war • FM doctrine Link end-to-end processes DoD Resources • Exceptional Stewardship • Performance metrics • Resource informed • Cost savings • Cost avoidance • Process efficiencies • Near cashless Theater FM/Contract Systems Mgmt/System Accts Cost Analyst Team Lean out inefficiencies Lean Six Sigma Team Model and analysis Effect major cost drivers Banking Team Materiel Enterprise Strategic Partners • Imperatives • Visibility • Accountability • Transparency • Oversight • Controls Maximize e-commerce Monthly Disbursements $396M FY10 $1,148M $714M Cost Avoidance $434M Cost Savings 1 % Goal 9% Cash Payments 91% EFT Payments Credibility Confidence Trust

  3. Near Cashless Theater Payment Type Cash% EFT% Retrograde%

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