COBRA Computer Optimized Batch Reconciliation Application https:usecobra'com - PowerPoint PPT Presentation

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COBRA Computer Optimized Batch Reconciliation Application https:usecobra'com

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COBRA Reconciliation Tool. Reconciles STARS and MOCAS for MOCAS ... COBRA's Outstanding Commitments report helps NAVSEA and ONR identify missing obligations. ... – PowerPoint PPT presentation

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Title: COBRA Computer Optimized Batch Reconciliation Application https:usecobra'com


1
COBRAComputer Optimized Batch Reconciliation
Applicationhttps//usecobra.com
  • Presentation for the
  • DON Financial Management Conference
  • San Diego, CA
  • February 1-3, 2005
  • Presented by
  • Kevin Meek

2
COBRA Users
  • SYSCOMs with unlimited user site licenses
  • NAVSEA (COR Pam Morgan-May)
  • ONR
  • SPAWAR
  • NAVFAC
  • USMC
  • BUMED
  • Single User licenses are available
  • Over 5,000 registered users

3
Cobra Features
  • Automated Data Gathering Tools
  • COBRA Reconciliation Tool
  • Research Tools
  • Management Reports
  • Cobra Desktop

4
Automated Data Gathering Tools
  • SHAZAM STARS
  • Database font end to STARS
  • Fast Paths
  • MOCAS, STARS, VIEWEC retrieval
  • Live USG/CLR/JVR retrieval
  • Automated retrieval of Overnight History
  • View online, print, search, extract
  • Stored electronically on COBRA server

5
COBRA Reconciliation Tool
  • Reconciles STARS and MOCAS for MOCAS paid
    contracts
  • ACRN level comparison identifies ACRNs that need
    reconciliation
  • Detailed history comparison identifies
    discrepancies
  • Artificial Intelligence routines identify
    explainable exceptions

6
Research Tools
  • DCAS / CERPS Search
  • Single web form searches both DCAS and CERPS data
  • Search 172 months worth of data in a few seconds
  • Search can include up to the previous days DCAS
    data
  • Customizable output fields
  • Sort / subtotal on any field
  • Display subtotals only to create summary reports
  • View or download results to MS Excel
  • USMC uses customized summary pages to verify
    SABRS expenditures

7
Research Tools
  • PD search
  • Updated Daily, Provides variety of query options
  • Results are cross referenced with other related
    reports
  • QMF Queries
  • Simple web access to live QMF parameter based
    queries
  • Provides advanced query options not available
    elsewhere
  • DFAS Audit, DFAS Package status, SCRT
  • Searchable independently and integrated into
    contract assignment and other searches.
  • Data provided by content owners
  • Suspense Dormancy
  • Search the suspense dormancy 356 report data
  • Data pulled from QMF every night

8
Management Reports
  • PD status monitoring/tracking
  • Weekly Inflow / Cleared metrics by age category
  • Reported as Net and Absolute
  • Contract assignment tracking
  • Eliminates duplication of effort
  • Updated daily with UMD and NULO amounts

9
Avoiding ADA violations
  • Current DFAS policy is to obligate funds to cover
    PDs when they become 120 days old.
  • If sufficient funds are not available, this could
    cause ADA violation.
  • The moratorium report identifies which LOAs will
    cause potential ADA violation, five months into
    the future at the MC, FY, APPN, SUBH level.
  • This advance notice allows problems to be worked
    before they cause ADA violation.

10
Monitoring Aged Outstanding Commitments
  • To meet DOD FMR requirement, DFAS implemented new
    procedures which remove commitments from expiring
    accounts.
  • COBRAs Outstanding Commitments report helps
    NAVSEA and ONR identify missing obligations.
  • Breaks out commitments into 3 age categories
  • 3-6 months
  • 6-12 months
  • gt 12 months
  • Customized reports can be created for each SYSCOM
    depending on how they distribute
  • NAVSEA groups by Directorate using RFM list
  • ONR groups by Code

11
COBRA Desktop
  • Provides integrated graphical environment for
  • Creating adjustment forms quickly
  • Automatically creating account reconstructions
  • Tracking and reporting of progress and error
    codes
  • Contract assignment tracking
  • Current NULO / UMDs updated daily
  • Easy retrieval of USG, CLR Contractor Info
  • On screen reconciliation spreadsheets
  • Unlimited analyst and assignee comments

12
COBRA POCs
  • Pam Morgan-May
  • Cobra contract COR (SEA 01P)
  • (202) 781-4066
  • Morgan-MayPL_at_navsea.navy.mil
  • Kevin Meek
  • CPI Progam Manager
  • (703) 553-8900
  • kmeek_at_cpinow.com
  • Ted Bekele
  • COBRA Team Leader
  • (703) 553-8904
  • tbekele_at_cpinow.com
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