Company Profile for Defense Finance and Accounting Service.Business Editors --(BUSINESS WIRE) The world's largest finance and accounting operation. Paid 5.7 million military members, civilian personnel, retirees and annuitants. Processed 11.2 million contractor invoices. Made 7.3 million travel payments. Disbursed $346.6 billion. Recorded 124 million accounting transactions. Accounted for 267 active DoD appropriations. Managed $176 billion in military retirement trust funds. Accounted for $12.5 billion in foreign military sales That portion of United States security assistance authorized by the Foreign Assistance Act of 1961, as amended, and the Arms Export Control Act of 1976, as amended. This assistance differs from the Military Assistance Program and the International Military Education and Training Program . In 1991, the Secretary of Defense created the Defense Finance and Accounting Service The Defense Finance and Accounting Service (DFAS), an agency of the United States Department of Defense, provides finance and accounting services for the military and other members of defense. In FY 2004, DFAS:
DFAS Decorative and Fine Arts Society (The Hague, Holland) DFAS Dark Field Alignment System DFAS Department of Fisheries and Aquatic Sciences has consolidated more than 300 installation-level finance and accounting offices into 26, and reduced the work force from about 27,000 to approximately 16,000 personnel. DFAS is financed by its customers rather than through direct appropriations. This service-provider relationship with its customers pushes DFAS to seek continuous innovation and improvement in the quality of services it provides. DFAS has steadily reduced its operating costs operating costs npl → gastos mpl operacionales and has returned these savings to customers in the form of decreased bills. DFAS is big business and is focused on organizing to provide bottom line best value to our customer. Read more about DFAS at http://www.dfas.mil An Internet address domain name for a military agency. See Internet address. (networking) mil - The top-level domain for entities affiliated with US armed forces. . Mission Provide responsive, professional finance and accounting services for the people who defend America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. . Vision Best value to our customers: A world-class provider of finance and accounting services A trusted, innovative financial partner One organization, one identity An employer of choice, providing a progressive and professional work environment Provide responsive, professional finance and accounting services for the people who defend America "... for the people who defend America." The DFAS mission focuses on the customer. Everything DFAS people do contributes to providing better service, more accurate information, and higher quality products to ensure our customers receive the best value. Our mission reaches from the everyday activity for the individual customer to the far-reaching event that supports national security. It encompasses such things as processing the semimonthly sem·i·month·ly adj. Occurring or issued twice a month. n. pl. sem·i·month·lies A semimonthly publication. adv. At intervals twice monthly. See Usage Note at bi-1. Noun 1. pay for soldiers, sailors SAILORS. Seamen, mariners. Vide Mariners; Seamen; Shipping Articles. , airmen and Marines and helping the military retiree on a customer service call. It extends to providing information used to give Defense Department leaders visibility over the state of their fiscal affairs. It ensures invoices are paid on time so that private sector companies continue providing support and materiel ma·te·ri·el or ma·té·ri·el n. The equipment, apparatus, and supplies of a military force or other organization. See Synonyms at equipment. for national defense. The bottom line is that DFAS satisfies the needs of each unique customer to help fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. that customer's mission. Nothing matters more to our professionals than serving the men and women of America's Armed Forces. This commitment to serve energizes DFAS people toward becoming a world-class finance and accounting organization and instills personal pride in delivering the best value to our customers. DFAS people are proud to have their fingerprints Impressions or reproductions of the distinctive pattern of lines and grooves on the skin of human fingertips. Fingerprints are reproduced by pressing a person's fingertips into ink and then onto a piece of paper. on everything we deliver to our customers.
Company: Defense Finance and Accounting Service
Headquarters Address: 1931 Jefferson Davis Ste 924
Arlington, VA 22240
Main Telephone: 703-607-0122
Website: http://www.dfas.mil
Type of Organization: Government
Industry: Government: Defense
Key Executives: Director: Thomas Bloom
Public Relations
Contact: Bryan Hubbard
Phone: 703-607-0122
Email: media@dfas.mil
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