Final answer:
GFEBS, which is a financial management system for the Army, will replace about 80 outdated, redundant systems to streamline and automate financial processes.
Step-by-step explanation:
When fully implemented, the General Fund Enterprise Business System (GFEBS) will replace approximately 80 of the current financial systems that are considered overlapping and redundant. GFEBS is a web-enabled financial, asset and accounting management system that standardizes, streamlines, and shares critical data across the Active Army, the Army National Guard and the Army Reserve.
The goal of the GFEBS is to optimize the management of financial resources within the Army, improving financial performance and ensuring accurate reporting.