MILITARY SEALIFT COMMAND IMPLEMENTS ORACLE U.S. FEDERAL FINANCIALS APPLICATIONS.The U.S. Navy's Military Sealift Command A major command of the US Navy, and the US Transportation Command's component command responsible for designated common-user sealift transportation services to deploy, employ, sustain, and redeploy US forces on a global basis. Also called MSC. See also transportation component command. (MSC (1) (MSC.Software Corporation, Santa Ana, CA, www.mscsoftware.com) Founded in 1963 by Richard H. MacNeal and Robert G. Schwendler, MSC is the world's largest provider of mechanical computer aided engineering (MCAE) strategies, simulation software and services. ) has implemented Oracle U.S. Federal Financials applications without any change to the software, becoming the first Navy pilot project to go live. The MSC, which provides ocean transportation of equipment, fuel, supplies and ammunition to sustain U.S. forces worldwide, implemented the Oracle solution with interfaces to other Defense Department legacy systems. More than 17,000 purchase orders, 8,000 receipts and 2,000 requisitions were converted from legacy systems to the new web-native system, accessed using just a browser, enabling the command to complete its first year-end financial closing with the Oracle software. Oracle's solution, running on top of the Oracle8 database and Oracle Internet Application Server, gives MSC visibility and traceability for all financial transactions, the capability to enter accrued expenses Accrued Expense An accounting expense recognized in the books before it is paid for. It is a liability, usually current. These expenses are typically periodic and documented upon a company's balance sheet due to the high probability of collection. as they occur instead of monthly and the ability to record worldwide transactions in the period in which they occur. MSC is also using a financial data mart A subset of a data warehouse for a single department or function. A data mart may have tens of gigabytes of data rather than hundreds of gigabytes for the entire enterprise. See data warehouse. tool that gives program managers visibility into costs and revenue, information that is helpful in determining where to reduce expenses and improve ship operations. Besides accessing real-time financial and management information, the command has also implemented Oracle U.S. Federal Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. applications for the use of mariners on ships. |
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