TeraThink Corporation announced July 12 that the company has been awarded The Joint Staff (TJS) Enterprise Business Accountability System (EBAS) Support five-year contract, valued at $29 million, by the Naval Supply Systems Command (NAVSUP).
EBAS is a Momentum-based Enterprise Resource Planning (ERP) system that serves as TJS primary budgeting and financial system.
“We are excited for the opportunity to support The Joint Staff’s critical mission by helping to improve financial visibility and compliance, streamline business operations and modernize their business systems infrastructure,” TeraThink’s Senior Vice President for Defense and National Security Business Unit Thomas Byers said.
“TeraThink’s speed-to-capability deployment demonstrates how a proven GRC solution will help support audit readiness efforts, reduce the risk of fraud all through an attainable and cost effective approach,” TeraThink CEO and President Paul Lombardi said.
TeraThink will provide program management and systems integration support for Momentum, Approval Governance, Risk, and Compliance (GRC), and Invoice Processing Platform (IPP) solutions, in addition to examining cloud hosting options.