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
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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