Federal Government agency finance leaders are under pressure to improve decision support, increase transparency, and create efficiencies. And with continued scrutiny of fiscal spending and the tightening of congressional budgets, the formulation process is evolving from line item approvals to performance-based budgets to provide greater visibility into longer-term return on investment.
To address these increasing demands, finance leaders require the ability to align long-range plans with annual budgets with financial reporting and provide an audit trail to detailed capital spending and workforce plans.
Download this Solution Brief to learn how OneStream’s modern, unified corporate performance management (CPM) platform helps Federal Agencies to:
- Leverage OneStream Fed RAMP Moderate rating to obtain Authority to Operate (ATO) for cloud solutions
- Materially reduce budget formulation, financial close, and financial reporting cycle times
- Eliminate spreadsheets, manual processes, and legacy applications while maintaining audit trails and quality control
- Automate monthly reporting packages using the Microsoft® PowerPoint® and Excel® integration