Artificial Intelligence (AI) for financial reporting and audit processes
ID: SP4701-25-S-C003Type: Combined Synopsis/Solicitation
Overview

Buyer

DEPT OF DEFENSEDEFENSE LOGISTICS AGENCYDCSO PHILADELPHIAPHILADELPHIA, PA, 19111, USA

NAICS

Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) (541715)

PSC

NATIONAL DEFENSE R&D SERVICES; DEFENSE-RELATED ACTIVITIES; EXPERIMENTAL DEVELOPMENT (AC33)
Timeline
    Description

    The Defense Logistics Agency (DLA) is seeking innovative solutions utilizing artificial intelligence (AI) to enhance its financial reporting and auditing processes. The objective is to modernize these operations, which are currently burdened by manual methods, to improve efficiency, transparency, and decision-making in financial management, aligning with the priorities of the 2025 National Defense Authorization Act. Interested vendors are invited to submit Solution Briefs that address specific pain points, demonstrate technical feasibility, and comply with cybersecurity standards, with proposals due by April 9, 2025. For inquiries, potential offerors can contact Thomas J. Walsh at Thomas.walsh@dla.mil or Lauren Runowski at Lauren.Runowski@dla.mil.

    Point(s) of Contact
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    The Defense Logistics Agency (DLA) seeks innovative artificial intelligence (AI) solutions to improve the efficiency and accuracy of its financial reporting and audit processes. The DLA manages the defense supply chain for U.S. military services and is looking for transformative solutions to address time-consuming, resource-intensive auditing challenges. This initiative aligns with the Fiscal Year 2025 National Defense Authorization Act, emphasizing the importance of AI in financial auditing within the Department of Defense. Vendors are invited to propose prototypes that tackle operational pain points, enhance audit quality, and support rapid deployments. Solutions should be able to scale and adapt to future financial processes, with a focus on reducing manual errors and improving reporting speed. The submission process includes a requirement for detailing any foreign ownership and control, as well as providing a Rough Order of Magnitude (ROM) estimate for each proposed feature. Proposals are due by April 9, 2025. The DLA aims to leverage AI technology to ensure accountability and transparency in financial management, addressing unresolved accounting issues and enhancing compliance with federal financial regulations.
    The Defense Logistics Agency (DLA) is soliciting innovative solutions using artificial intelligence (AI) to improve its financial reporting and auditing processes. These processes are currently hindered by manual, time-consuming methods that can lead to human errors and inefficiencies. DLA, which supports the military supply chain, aims to modernize operations to enhance transparency, accountability, and decision-making in financial management, aligning with priorities outlined in the 2025 National Defense Authorization Act. The desired solutions should focus on a phased approach to demonstrate AI's potential, addressing pain points like excessive manual data handling and improving operational capabilities within 12-16 weeks. Vendors must ensure their solutions are certified to meet specific cybersecurity and operational standards, as well as facilitate collaboration within a shared development space. Key operational capabilities include resolving internal control weaknesses, optimizing documentation and tracking systems, and fostering compliance with financial management regulations. Proposals are due by April 9, 2025, and should include a rough estimate of solution costs. This initiative underscores DLA’s commitment to leveraging advanced technology to streamline processes and support the Department of Defense's financial integrity.
    The document outlines the requirements for the DLA CSO SP4701-25-S-C003 Solution Brief Application, targeting potential contractors for government projects. It solicits essential company information such as name, address, core competencies, and financial details. The submission process includes inquiries about the company's status as a traditional or non-traditional contractor, small business or nonprofit status, and prior collaborations with federal entities. Applicants must also outline their proposed solutions, detailing technical feasibility, responsiveness to identified problems, compatibility with existing policies, end-user desirability, and potential funding sources. Specific evaluation criteria and scoring rubrics for assessing submissions are provided to ensure rigor in the selection process. The document emphasizes the importance of intellectual property rights and allows for the submission of visual aids. The overarching goal is to inform potential contractors about expectations for proposals aimed at enhancing DLA service capabilities while ensuring compliance with relevant regulations and policies.
    Lifecycle
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