Friday, April 22, 2011

Web Tool Enhances Navy Financial Management Capabilities

By David Rea, Naval Supply Systems Command Public Affairs

MECHANICSBURG, Pa. (NNS) -- Naval Supply Systems Command (NAVSUP) officially released a new financial management Web Tool, Transportation of Things (TOT) for Financial Managers (TOT_FM), during a ceremony held aboard Naval Support Activity Mechanicsburg, Pa., April 20.

The Web tool serves to enhance efficiencies across the Department of the Navy financial management community and will bridge the gaps between Navywide financial and transportation stakeholders by serving as the central knowledge management repository for Navywide TOT financial business functions.

Rear Adm. Mike Lyden, commander, Naval Supply Systems Command, opened the ceremony by emphasizing the importance of the new tool.

"This training and knowledge management tool is designed to enhance operational capabilities for managers and financial transportation stakeholders across the Department of the Navy," Lyden said. "This will serve as a tremendous benefit to the enterprise by providing a single source guide to transportation business functions through an easily navigable interface."

According to NAVSUP Accounting Director Dave Orr, the Web tool will serve as the integrated authority for information on all aspects of financial TOT.

"These functions include transportation requirements planning, execution, reconciliation, and reporting," Orr said. "I truly believe that our financial managers will benefit from this information, and they will find the instruction very beneficial to their daily financial management tasks."

The TOT FM Web Tool provides users with quick access to comprehensive training packages on TOT financial subjects, relevant external policy, guidance and resources. The tool can be accessed with a Command Access Card (CAC) at https://www.navsup.navy.mil/tot_fm.

The Office of the Assistant Secretary of the Navy, Financial Management and Comptroller, recently recognized the team which established the TOT FM Web Tool with the annual Financial Management Process Improvement Award, awarded annually to teams for their efforts in improving existing financial processes.

NAVSUP's primary mission is to provide U.S. naval forces with quality supplies and services. With headquarters in Mechanicsburg, Pa., and employing a diverse, worldwide workforce of more than 22,500 military and civilian personnel, NAVSUP oversees logistics programs in the areas of supply operations, conventional ordnance, contracting, resale, fuel, transportation, and security assistance. Additionally, NAVSUP is responsible for quality of life issues for U.S. naval forces, including food service, postal services, Navy Exchanges, and movement of household goods.

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