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U.S. Army Financial Management Command (USAFMCOM) Over the Counter Channel Application (OTCnet)

U.S. Army Financial Management Command (USAFMCOM) Over the Counter Channel Application (OTCnet). February 2013 UNCLASSIFIED. Agenda. OTCnet Overview Check Capture Overview Benefits Current Status and Metrics Initiatives Technical Support Program Stakeholders Online Resources. 2.

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U.S. Army Financial Management Command (USAFMCOM) Over the Counter Channel Application (OTCnet)

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  1. U.S. Army Financial Management Command(USAFMCOM)Over the Counter Channel Application (OTCnet) February 2013 UNCLASSIFIED

  2. Agenda • OTCnet Overview • Check Capture Overview • Benefits • Current Status and Metrics • Initiatives • Technical Support • Program Stakeholders • Online Resources 2

  3. OTCnet Overview • OTCnet financial services is a secure web-based system combining the functionality and features of two former applications: • Paper Check Conversion Over the Counter (PCC OTC), an application that electronically processed US checks presented for cashing or payment • Treasury General Account Deposit Network (TGAnet), an application that processed US currency, foreign currency cash, and foreign check item deposits 3

  4. Check Capture Overview • Retains the same basic functions of PCC OTC • OTCnet has an Online and Offline application: • Online Application • Web-based • Constant LAN connectivity required • ATO/CON not needed to operate • Offline Application • Software-based (ATO/CON needed) • Used throughout OEF operations • Daily operations similar to PCC OTC 4

  5. Benefits • Check capture services provided to deployed Soldiers • Application oversight • Internal control measures • Supports Treasury’s Collections and Cash Management Modernization (CCMM) initiative 5

  6. Current Status and Metrics • Offline application: • Afghanistan • Kuwait • Qatar • Saudi Arabia • Kosovo • Online application: • Germany • Italy • Belgium • Netherlands • Korea • OTCnet has been fully deployed throughout • OTCnet metrics (as of 1 Jan 2013) • Volume: 40K • $83M 6

  7. Initiatives • Open issues resolution • Program enhancements • Work with TFMSC for policy updates • Disbursing policies • Internal control checklist • Coordinate with national providers and colleagues on newly boarded systems (CIR, DRS, etc.) alignment 7

  8. Technical Support • Treasury OTC Support Center • Supporting OTCnet customer service needs • 24 hours / day • 7 days / week • DSN: 510-428-6824 (options 1, 2, 4) • 1-866-945-7920 (from DSN, first dial 809-463-3376) • Email: fms.otcchannel@citi.com 8

  9. Program Stakeholders • United States Treasury • Financial Management Service (FMS) • EagleCash Sustainment Team (ECST) • Embedded throughout OEF • Provides wellness visits to FMSU/FMSDs • Citi • Customer support • Developers and trainers • United States Army Financial Management Command (USAFMCOM): • E-Commerce Directorate 9

  10. Online Resources • FMS’ OTCnet Homepage: https://www.fms.treas.gov • Official OTCnet homepage • FMS's Web-based Training Resources: http://www.fms.treas.gov/otcnet/training.html • Web-based training (role specific) provided by FMS • USAFMCOM’s OTCnet Homepage on AKO: https://www.us.army.mil/suite/page/660654 • Internal documents and policies • Historical deployment documents 10

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