FedRAMP Compliance in CPM: Ensuring Security for Government Financial Systems

Government agencies need a financial management platform that can keep pace with today’s challenges — budget constraints, regulatory shifts, and operational inefficiencies. Now more than ever, agencies need solutions that provide efficiency, accuracy, and security. With Federal Risk and Authorization Management Program (FedRAMP) High authorization, OneStream delivers a secure solution that meets those needs. OneStream enables agencies to drive smarter decisions, optimize resources, gain efficiency, and enhance resilience in an unpredictable landscape.

What Is FedRAMP?

FedRAMP is a U.S. government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. Through FedRAMP, federal agencies can transition from outdated legacy IT systems to secure cloud-based solutions. FedRAMP High is the program’s most rigorous authorization, accounting for the government’s most sensitive, unclassified data.

Why Is FedRAMP Important?

While government agencies are under increasing pressure to adopt modern technology, navigating compliance and regulatory complexities can be time-consuming and difficult. FedRAMP accelerates this process by offering a standardized, authoritative approach to security assessment and authorization for cloud products and services. Through FedRAMP's authorization, agencies can trust that software solutions have been rigorously reviewed and meet necessary security and compliance standards, expediting adoption.

OneStream Achieves FedRAMP High Status

OneStream Software recently completed the rigorous authorization process to achieve FedRAMP High authorization status. This authorization certifies that OneStream’s cloud-based platform meets the federal government’s strictest safety standards. Accordingly, OneStream is authorized for use by federal entities that require the highest level of security for sensitive, mission-critical data.

OneStream is a robust platform solution for financial consolidation, reporting, planning, analysis, and data quality at a heightened security level. With OneStream, agencies can accelerate and simplify planning processes across the Budget and Finance Offices. The platform’s built-in financial controls, auditability, and role-based access ensure compliance with federal regulations. By modernizing back-office operations, federal agencies can better navigate resource constraints, optimize funding allocations, and advance mission outcomes.

“Our FedRAMP High Authorization status positions us as the gold standard for security and compliance in this space, allowing Finance leaders to streamline operations, enhance transparency and unify data to navigate the complexity that comes with legacy systems and evolving processes and budget changes. We are committed to ensuring that Finance leaders across this sector have the technology they need to become more strategic.” – Tom Shea, CEO at OneStream.

The OneStream platform has been FedRAMP authorized since 2018, initially achieving FedRAMP Moderate authorization. In January 2025, OneStream advanced to FedRAMP High authorization. OneStream's compliance portfolio also includes DoD IL4 authorization.

Conclusion

FedRAMP plays a crucial role in supporting the needs of federal agencies and maintains high standards to ensure security, compliance, and mission readiness for cloud environments. At OneStream, we believe security and compliance are critical, and we are committed to providing a secure and reliable platform for our customers.

Learn More

Learn more about how we’re transforming government finance today as the only FedRAMP High certified enterprise finance platform: https://www.onestream.com/solutions/government/.