Defense Finance and Accounting Service

In 1991, the Secretary of Defense created the Defense Finance and Accounting Service (DFAS) to reduce the cost of Department of Defense (DOD) finance and accounting operations and to strengthen financial management through consolidation of finance and accounting activities across the department. Since inception, DFAS has consolidated more than 300 installation-level finance and accounting offices into 13 DFAS sites and reduced the work force from about 28,000 to less than 12,000. (To date, we have a record of less than 5% involuntary separation rate.) We have also reduced the number of systems we use from 330 to 75.

Base Realignment and Closure (BRAC) will ultimately consolidate our infrastructure to five primary and five supporting sites, reduce our overall staffing to less than 10,000 employees, and our systems to 57. …

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