Workday stays the system of record
HR keeps working in Workday. Basqo turns the data into the plan Finance needs.
Key takeaways
Basqo + Workday at a glance
Every change updates the forecast
Hires, salary and FTE changes reach the forecast with the next sync from Workday.
Full workforce costs across entities
Social charges by country and salary bracket, in every entity and currency.
What syncs
Which Workday data does Basqo use?
New cost centers, departments and entities are picked up automatically. Extra fields can be mapped.
Stays in sync with Workday
Used in Basqo for
From Workday: Employees and positions
The baseline of the plan, position by position
How it works
From Workday to a live plan in four steps
01
Connect Workday
Basqo connects to Workday as your HRIS. HR keeps working in Workday as before.
02
The baseline builds itself
Positions, salaries and the org structure from Workday form the baseline. Social charges follow from country and salary bracket.
03
Plan and approve
Finance plans centrally, or budget owners plan their part. Freely configurable approvals decide which new positions and changes enter the plan.
04
Forecast and reconcile
Every Workday change updates the forecast. Monthly payroll actuals show budget vs. forecast vs. actuals, down to the position.
Security & reviews
Built for sensitive salary data, rated highly by HR and Finance teams
Your HR data is protected from the first sync. See what customers say on G2 and OMR Reviews.
- ISO/IEC 27001 certified
- GDPR compliant, with a data processing agreement
- Hosted in Frankfurt, Germany
- Role-based access rights decide who sees which salaries
GDPRCompliant
ISO/IEC 27001Certified
Top RatedHR Analytics
LeaderBudgeting & Forecasting
5.0
G2User reviews
From Basqo customers
We now have real-time headcount and cost data, which has reduced errors and gives us control at every single point in time.
80%
less manual forecasting effort
What changes for HR and Finance?
Without Basqo, workforce cost planning usually runs on a monster spreadsheet next to Workday. Finance pulls exports, HR answers data requests, and open roles drift away from the approved budget.
With Basqo, Workday data feeds one shared plan. HR and Finance work from the same numbers, and every change in Workday shows up in the forecast.
For Finance and FP&A
All cost types per position, including social charges, bonuses and benefits, across entities and currencies, plus variance analysis down to the position. More on Basqo for Finance teams.
For HR and People
Fewer data requests from Finance, structured approvals instead of email chains, and more value from the data HR already maintains in Workday. More on Basqo for HR and People teams.
For department heads
Budget owners plan their own team in Basqo, without Excel skills and without sending files around.
Good to know
Why use Basqo alongside Workday?
Workday runs HR processes and holds the people data. Basqo is built for the workforce cost plan that Finance signs off: all cost types including social charges by country, several entities and currencies, monthly payroll actuals for reconciliation, variance analysis down to the position and freely configurable approvals. Costs and FTE then go to SAP, Board, Lucanet or any other system. Because Basqo uses Workday data, the two work together.
FAQ
Frequently asked questions
Which Workday data does Basqo use?
Basqo uses employees and positions, salaries and compensation, working hours and FTE, and dimensions like entities, cost centers and departments. Extra fields can be mapped when the planning needs them.
Does HR keep working in Workday?
Yes. Workday stays the system of record for people data. Basqo turns that data into the workforce cost plan that HR and Finance share.
Can budget owners plan new positions on top of Workday data?
Yes. Budget owners plan their part in Basqo, and freely configurable approvals decide which new positions and changes enter the plan. Approvers get an in-app notification and an email.
How does Basqo compare the plan with actual costs?
Payroll actuals come in monthly for reconciliation. Basqo then compares budget, forecast and actuals and shows the variance down to the position, with its cost drivers.
Can Basqo hand the plan to our ERP or FP&A tool?
Yes. Costs and FTE go to SAP, Board, Lucanet or any other system, so the workforce plan feeds the company plan.
Where is the data hosted?
In Frankfurt, Germany. Basqo is GDPR compliant, provides a data processing agreement (DPA) and is ISO/IEC 27001 certified.
Turn Workday data into one live workforce cost plan
See Basqo live in 20 minutes, built around your own questions on budget, forecast and approvals.