FedRAMP Authorized — Moderate Impact
Workday Financial Management Government by Workday. 6 compliance features verified.
Workday Financial Management Government
by Workday
Impact Level
Moderate
Status
Authorized
Pricing
enterprise
Authorization Date: June 15, 2019 | Sponsoring Agency: GSA
Overview
Workday Financial Management Government provides FedRAMP Moderate authorized cloud financial management for government organizations. It offers general ledger, accounts payable and receivable, procurement, and financial reporting. The platform provides real-time financial visibility with in-memory data processing.
Key Features
Certifications & Authorizations
Deployment Options
NIST 800-171 Compliance Coverage
How to Procure Workday Financial Management Government for Defense Contracts
Workday Financial Management Government is available through GSA MAS Contract 47QSWA18D008J and SEWP V Contract NNG15SC03B. Government pricing includes FedRAMP compliance costs built into the SaaS subscription model, typically 15-20% premium over commercial rates due to enhanced security controls and dedicated government cloud infrastructure. Contracting officers must review the complete authorization boundary documentation including the System Security Plan (SSP), Security Assessment Report (SAR), and Plan of Action & Milestones (POA&M) from the FedRAMP marketplace. The authorization boundary encompasses financial data processing, reporting modules, and integration APIs but excludes customer-managed integrations and third-party add-ons. Approval requirements include FISMA categorization matching Moderate impact level, ATO from agency CISO, and continuous monitoring plan acceptance. Typical procurement timeline spans 6-9 months including security review, technical evaluation, and contract negotiation phases. For CMMC assessment boundary inclusion, document all CUI processed through financial transactions, specify data flows to/from other systems, and ensure Workday's infrastructure controls are mapped to your CMMC Level 2 requirements. The system inherits 200+ security controls from the FedRAMP authorization, reducing your assessment scope significantly.
Compliance Cross-References
Workday Financial Management Government's FedRAMP Moderate authorization directly supports DFARS 252.204-7012 compliance by providing adequate security controls for CUI processing in financial workflows. The system satisfies DFARS 252.239-7010 cloud computing requirements through its approved government cloud deployment model with continuous monitoring and incident response capabilities. NIST 800-171 control families are extensively covered: Access Control (AC) through role-based permissions and multi-factor authentication, System and Communications Protection (SC) via FIPS 140-2 Level 1 encryption and boundary protection, and Audit and Accountability (AU) through comprehensive logging and monitoring. For CMMC Level 2, the system addresses all 14 domains including Asset Management (AM), Configuration Management (CM), and Risk Management (RM) through inherited cloud provider controls and application-level security features. DoD Cloud Computing SRG Impact Level 2 requirements are met through the FedRAMP baseline plus additional DoD-specific controls for data isolation and government-only tenancy.
Defense Contractor Use Case
Defense contractors use Workday Financial Government for financial management and reporting, particularly when they also use Workday HCM and want a unified platform for finance and HR.
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Frequently Asked Questions
What is the FedRAMP authorization level for Workday Financial Management Government?
Workday Financial Management Government is authorized at the FedRAMP Moderate impact level, with authorization granted on 2019-06-15 sponsored by GSA. The FedRAMP Moderate baseline includes approximately 325 security controls covering confidentiality, integrity, and availability.
Can defense contractors use Workday Financial Management Government for CUI?
Workday Financial Management Government is authorized at the FedRAMP Moderate baseline. While FedRAMP Moderate covers a broad range of government data, defense contractors handling CUI should carefully evaluate whether Moderate controls meet their specific DFARS 252.204-7012 and NIST 800-171 requirements. Some CUI categories may require FedRAMP High authorization depending on the sensitivity of the data and contract requirements.
How does Workday Financial Management Government pricing compare to commercial?
Workday Financial Management Government government pricing is typically negotiated on an enterprise basis and may differ from commercial list prices. Government and defense contractor pricing often includes compliance overhead that can make it 15-30% higher than commercial equivalents. However, volume discounts, GSA Schedule pricing, and multi-year commitments can help offset these costs. Contact Workday directly or check GSA Advantage for current government pricing.
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Open FedRAMP FinderGet a defensible CUI architecture
This Workday Financial Management Government FedRAMP profile flags the gaps. The next step is a compliance architecture review where we map your data flows to FedRAMP-authorized alternatives and CMMC-aligned controls.
Schedule architecture reviewRelated: how much CMMC certification costs — DoD’s own priced figures