Workday Grants Management for the public sector is a purpose-built solution designed to help organizations efficiently manage grant-funded programs. Unlike traditional systems, it treats grants as distinct entities, enabling detailed tracking, multidimensional reporting, and compliance with complex grantor requirements. Features include proposal tracking, award management, expenditure controls, and automated financial processes like indirect cost calculation and revenue recognition. Integrated with Workday Financials, HCM, and Payroll, it offers real-time visibility and workflow automation. Results include reduced audit times and improved tracking of project-specific grants. The product evolves based on customer feedback to enhance efficiency and insights.

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