The Grants Management team works on configuration of the Workday Financials grants management module. The module automates many things that have previously been manual processes, for example institutional reporting, managing over-the-cap salaries for NIH, and compliance. It also has automated features, such as F&A revenue allocation and NIH salary cap tracking. This team collaborates with the Foundation Data Model (FDM) team regarding funding source setup and data governance matters.
The Customer Accounting/Contracts team will oversee how Workday Financials will be set up to manage customer activity, including invoices and adjustments, statements, etc. They will also determine how customer contracts will be created and amended.