It is not a surprise for CFOs that personnel costs can account for up to 80% of a company’s costs. As a result, it is key for Finance managers to analyse HR data beyond the finance data: what is driving the costs and what other metrics give us a closer understanding of the business. This is why EMAsphere is delighted to announce its integration with SD Worx, a leading Human Resources and Payroll services provider in Europe. This strategic collaboration marks a significant step in empowering companies with comprehensive and data-driven decision-making tools.
After Partena, Group S, Officient and Silae for HR, SD Worx too could not be missing from our ever expanding list of providers (+150) to integrate with our reporting and data insights solution. This integration enables C-levels to make informed decisions for their company by enriching their HR data with financial and operational data already present in the solution.
“SD Worx's expertise in payroll and resource management is well established. Today, more than 90,000 companies place their trust in the company. We are delighted with this SD Worx-EMAsphere integration, as more than 4 companies out of 10 have no idea about their absenteeism figures*. The SD Worx-EMAsphere connection is essential for any company wishing to assess the effectiveness of its HR policy and make decisions based on reliable, automatically updated data.”
Bart Baute, CEO - EMAsphere
5 key benefits of integration
Thanks to this new connector, EMAsphere customers benefit from a detailed view of their personnel costs and collaborators in their data analysis platform. Data from SD Worx is collected and structured into reliable, automatically updated reporting in EMAsphere.
To sum up, here are five advantages linked to the integration between EMAsphere and SD Worx:
- Efficiency and automation: Streamline processes thanks to automated data synchronisation between EMAsphere and SD Worx.
- Comprehensive reporting: Financial and HR data combined to generate comprehensive reports that offer deeper insights into your company's performance. E.g. gross margin per FTE, absenteeism ratio, payroll cost evolution, …
- Customizable dashboards: Tailored dashboards and graphs can be created to highlight the most relevant information, providing clarity and focus.
- Scalable solutions: A solution designed to grow with your business, whether you operate locally or on an international scale. Within EMAsphere, data can be analysed by entities and from a group perspective.
- Support in building ESG Reporting: Since the adoption of the European CSRD (Corporate Sustainability Reporting Directive), on the 1st of January 2024, the creation of ESG (Environmental Social Governance) reporting is now increasingly requested by banks and investors. It has also become mandatory for unlisted companies with more than 250 employees, annual sales of more than €50 million and a balance sheet of more than €25 million (2 of the 3 criteria must be exceeded). Ready-to-use social indicators in EMAsphere help you in the creation process of your ESG Reporting.
“SD Worx recognizes the importance of evidence based (HR) Management and has been supporting its customers with SD Worx Insights, a broad range of HR Data solutions. We’re happy to see that partners such as EMAsphere are joining forces to leverage the value of Insights across HR and Finance domains.”
Jurgen De Jonghe, Portfolio Manager Group/Data - SD Worx
How EMAsphere connects to SD Worx
- Automatic collection of your data: Our connector enables us to retrieve HR and payroll data from SD Worx, as well as from your various data flows (accounting, sales, etc.).
- Structuring your data using our data model: Our connector automatically structures and transforms your data from SD Worx to match our data model developed by experts.
- Ready-to-use and customisable indicators: Benefit from a set of ready-to-use dashboards and indicators dedicated to analysing your personnel costs: payslip, absenteeism, demographic structure, contracts, seniority, entries and exits, etc. You can also customise these indicators to suit your needs.
- Analysis and collaboration: Your social reporting is ready! You and your colleagues can finally spend time analysing your data.
"By enriching financial data with HR data, we essentially unlock hidden insights and make our decisions more accurate. Thanks to the integration between SD Worx and EMAsphere, we have immediate access to these insights, without long and technical implementations.”
Johan D’Haene, Senior Advisor - Probis
*Source: FDmagazine
Benefit from data-driven HR insights
Let's transform data into actionable insights and drive your business forward!
For more information regarding the SD Worx-EMAsphere connection and how you can benefit from it, contact us or contact your SD Worx account manager.