Oakland was awarded a contract with USTRANSCOM and the Surface Deployment and Distribution Command (SDDC) to provide technical and functional support for the Transportation Financial Management System (TFMS). Oakland and our partner Deloitte will provide technical and functional engineering services to update and maintain software and enhance automation capabilities, maintain/sustain TFMS system operations, analyze system changes, and build capabilities within the TFMS applications.
TFMS serves as the critical financial management system solution in use by SDDC as its overall Transportation Working Capital Fund (TWCF) financial system. TFMS uses a Commercial-Off-The-Shelf (COTS) product, Oracle Enterprise Business Suite (EBS). All major lines of business utilize TFMS to conduct their operations including the Ocean Liner, Port Operations, Traffic Management, and the Global Privately Owned Vehicle (POV) Storage contract. TFMS is also used to support numerous "back office" functions including payroll timekeeping, travel, accounts payable, fixed asset accounting, and accounts receivable. TFMS serves a diverse customer base that includes all DoD components, various Defense agencies, other federal agencies, foreign Governments and private sector entities. TFMS also supports the execution of contracts with suppliers who facilitate the execution of the SDDC mission including ocean carriers, commercial air carriers, railroads, commercial trucking companies, stevedore contractors, and the Global POV Storage contractor.
Cedric E. Nash, Oakland’s President & CEO, noted that “Oakland’s efforts will improve the ability of USTRANSCOM and SDDC to sustain the current TFMS solution while introducing new technology and tools to provide rapid and meaningful reports to decision makers. This improved responsiveness to data queries, enhanced data analytics, and reporting will dramatically enhance USTRANSCOM’s and SDDC’s mission effectiveness. Oakland is excited to be a key part of this process.”