U.S. Army Aims to Halt Paperwork with IBM System
 

The U.S. Army has enlisted IBM and a handful of other companies to create an automated record-keeping system that ends the need for electronic forms to be printed out, signed and delivered up the military service's chain of command. IBM, the world's largest computer company, together with PureEdge, an electronic forms supplier, and Silanis, a digital signature technology maker, said on Thursday it has created a complete system to take the paperwork out of Army bureaucracy.

Terms were not disclosed. The project is being managed by contractor Enterprise Information Management Inc. (EIM). When fully implemented over the next decade, the forms management system could save well over a billion dollars a year in unnecessary paperwork and administrative procedures, according an Army Audit Agency report. "It's anticipated it will offer $1.3 billion in cost avoidance per year," Jim Acklin, the civilian project manager working for the Army Publishing Directorate, said of the potential cost savings the project hopes to realize.

News source: Neowin
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I have to wonder, with the way that the US government manages itself, wether this will accually save them money. "It's anticipated it will offer $1.3 billion in cost avoidance per year," I would venture to bet that they are paying IBM around $2 billion a year to manage the system.