Workday Grants Management for Nonprofits is a purpose-built solution that helps organizations manage grant-funded programs with precision, transparency, and compliance. Unlike legacy systems, it treats grants as distinct entities to support detailed tracking, multidimensional reporting, sponsor-specific rules, and salary management. Key features include award lifecycle management, integrated effort certification, automated post-award processing, and financial tools like indirect cost calculation and revenue recognition. Integrated with Workday’s HR, Payroll, and Financials, it provides real-time insights and process automation. Results include reduced audit times, 50% more efficient grant operations, and improved compliance and visibility across the grant lifecycle.

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