What is grantor in SAP PSM-GM - Grants Management?

SAP Term: grantor

• Component: PSM-GM

• Component Name: Grants Management

• Description: Business partner involved with a grantee organization in the sponsoring of programs through business contracts defined as grants.

Smart SAP Assistant

• Key Concepts: 
  A grantor is an entity that provides funds to another entity, such as a non-profit organization or government agency, for a specific purpose. In the context of SAP Grants Management (PSM-GM), a grantor is an organization that provides funds to a grantee for a specific project or program. The grantor is responsible for managing the funds and ensuring that they are used for the intended purpose. 
  
  How to use it: 
  In SAP Grants Management, the grantor is responsible for setting up the grant agreement and managing the funds throughout the life of the project. The grantor can also set up reporting requirements and review progress reports from the grantee. The grantor can also monitor the use of funds and ensure that they are being used in accordance with the terms of the agreement. 
  
  Tips & Tricks: 
  When setting up a grant agreement, it is important to ensure that all parties involved understand their roles and responsibilities. It is also important to ensure that all reporting requirements are clearly defined and that progress reports are submitted on time. 
  
  Related Information: 
  For more information on SAP Grants Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_GRANTS_MANAGEMENT/latest/en-US.