What is the function of 'User-Based Security' in Workday?

User-Based Security in Workday is designed to provide customized access settings that are tailored to individual users. This means that each user can have specific access permissions and security roles that cater to their unique job responsibilities and needs within the organization. By implementing User-Based Security, organizations ensure that employees only have access to the data and functions that are necessary for them to perform their tasks effectively, aligning security with job functions while minimizing the risk of unauthorized access to sensitive information. This personalized approach enhances both security and operational efficiency.

The other options focus on different functionalities that don't relate specifically to the direct access control system. Team collaboration, while important, is not the primary aim of User-Based Security. Maintaining historical data of user actions pertains more to auditing and compliance rather than security access. Continuous user training is crucial for user competence but is separate from the security model that defines access permissions.