Walkmod is a workflow tool that applies transformations to source files. It has four main components: a reader that retrieves source files, a walker that executes a chain of transformations on each source, transformations that update or create new sources, and a writer that writes the transformed sources. Transformations can be implemented as templates, scripts, or visitors. Templates are used to add code to sources, scripts for simple modifications, and visitors for complex changes. The transformations are connected like a pipe and executed by the walker for each source file.