Grants management refers to the end-to-end process of applying for, administering, tracking, and reporting on grants received from government agencies, nonprofits, or private organizations. This includes budget planning, compliance monitoring, fund allocation, and performance evaluation to ensure grants are used effectively and meet regulatory requirements.

In external workforce management, grants management plays a key role in funding workforce development programs, apprenticeships (NAPS & NATS), and skill enhancement initiatives. Organizations use compliance tracking systems, payroll integration, and financial reporting tools to streamline grant utilization, ensure legal adherence, and maximize workforce productivity.