faster in running compensation scenarios
Basqo users
Locations
Cologne, DE
Size
Headcount > 100
Industry
Renewable Energy
Founded
2017
HR Tech Stack
Before Basqo, the team relied on error-prone Google Sheets and semi-automated Excel files exported from Personio.
Challenges included manual updates, difficulty with manager-level planning actions, inconsistent social charge calculations, and a filing/approval bottleneck.
Scenario Planning in Minutes
“In just a few clicks, we test compensation scenarios—something that previously took hours.”This unlocks strategic insights quickly and empowers business units with agile forecasting.Individual-Level Forecast Precision
Basqo enables forecasting down to each employee, a capability previously impossible in spreadsheets—resulting in more accurate cost planning and decision-making.Single Source of Truth (SSOT)
Basqo + Personio centralizes data, eliminating repeated validations (e.g. “Is everything entered?”), and ensuring data consistency across scenarios and reports.Streamlined Monthly ReportingThe automatic import of actual payroll data reduces manual effort and errors, freeing up the finance team to focus on analysis—not data entry.
Increased Empowerment & Transparency
Managers across the organization now own budgeting within their domains. Philipp notes “responsibility shifted into business units” and fewer alignment meetings are needed—saving time and reducing friction.Efficient Approval Workflows
Basqo standardizes and simplifies budget approvals, eliminating a major pain point from the previous process.Rapid, Responsive Support
With a dedicated Slack channel, Basqo support resolves issues within an hour—an unexpectedly valuable feature that boosts confidence and decreases downtime.
Compensation Planning Surpass Expectations
“It was barely on the radar, but soon we could test salary increases in a few clicks - super easy.”Scenarios that Inspire Strategy
VPs conduct “what-if” exercises effortlessly, helping prepare for salary reviews, hiring strategy, and business changes.
While exact percentages are yet to be finalized, Philipp outlines clear improvements:
>90% faster in running compensation scenarios.
Monthly validation time reduced to zero, thanks to automated workflow.
Deeper transparency at person level, shifting from aggregated salary pool planning to individual forecasting accuracy.
