Unlocking the Power of AI and Machine Learning for Government Contractors

Government contractors understand the importance of running efficient operations that maximize the value of their programs for clients while enhancing financial performance. As cutting-edge technologies like Artificial Intelligence (AI) and Machine Learning (ML) gain traction, contractors are actively exploring how these innovations can provide a competitive edge in operational efficiency and cost management.

At RVNA Technologies, we specialize in implementing Corporate Performance Management (CPM) software for government contractors, many of whom operate on project-based ERPs like Deltek Costpoint or Unanet. CPM software is a game-changer for managing financial performance, offering solutions like program financial planning, corporate financial planning, earned value management, and pricing models. These capabilities empower finance and program teams to create accurate budgets, plans and forecasts. 

Embracing AI and Machine Learning in CPM

We’ve evaluated numerous CPM software platforms to find the best options for our government contracting clients. Our focus has narrowed to two industry-leading platforms: OneStream and Vena. While both platforms offer substantial value, their approaches to technology differ significantly.

  • OneStream stands out in the marketplace with its robust machine learning capabilities. Government contractors use its ML features to generate predictive forecasts based on historical and current data. These machine-generated forecasts offer program managers and finance teams valuable scenarios for comparison, enhancing decision-making. By automating routine forecasting tasks, teams can devote more time to strategic analysis.
  • Vena has integrated an advanced AI feature designed specifically for Financial Planning & Analysis (FP&A) use cases. Powered by Microsoft Copilot and tailored for financial terminology and calculations, this AI assistant serves as an on-demand financial analyst. Users can ask complex finance, accounting, or business questions in natural language, receiving instant, accurate insights. Unlike publicly available AI models, Vena's Copilot uses only your organization's internal data, ensuring highly relevant and secure responses.

Choosing the Right Solution

Determining which platform is best for your business involves understanding the nuances of your financial operations and technical requirements. Our team at RVNA Technologies can guide you through the differences between OneStream and Vena, helping you select the solution that aligns with your needs and budget.

Get Started with AI and Machine Learning

AI and ML are no longer futuristic concepts — they are practical tools that can drive measurable improvements in financial performance for government contractors. To learn more about how these technologies can benefit your operations, contact our team today. Let’s explore how you can leverage AI and machine learning to gain a competitive edge and elevate your financial planning capabilities.