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Asure Acquires HIRECLICK, Expands HCM Suite with an Intuitive, AI-Powered Applicant Tracking System

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Asure (NASDAQ: ASUR) has acquired HireClick, an innovative applicant tracking system (ATS) designed for small and mid-sized businesses. This strategic move expands Asure's Human Capital Management (HCM) suite with an AI-powered hiring solution that streamlines the recruitment process. HireClick offers features such as job description creation, posting to national job boards, applicant tracking, and a personalized careers website.

The acquisition aligns with Asure's mission to simplify people management and help businesses compete for top talent. Pat Goepel, Asure's Chairman and CEO, emphasized the importance of hiring in business success and the company's goal to reduce administrative burdens. Scott Peterson, VP and GM for HireClick, highlighted the solution's ability to make digital talent acquisition more accessible for employers and job seekers alike.

Asure (NASDAQ: ASUR) ha acquisito HireClick, un innovativo sistema di gestione delle candidature (ATS) progettato per le piccole e medie imprese. Questo passaggio strategico amplia la suite di gestione del capitale umano (HCM) di Asure con una soluzione di assunzione basata su IA che snellisce il processo di reclutamento. HireClick offre funzionalità come la creazione di descrizioni di lavoro, la pubblicazione su bacheche nazionali di lavoro, il tracciamento delle candidature e un sito web per carriere personalizzato.

L'acquisizione è in linea con la missione di Asure di semplificare la gestione delle persone e aiutare le aziende a competere per i migliori talenti. Pat Goepel, Presidente e CEO di Asure, ha sottolineato l'importanza dell'assunzione nel successo aziendale e l'obiettivo della società di ridurre i carichi amministrativi. Scott Peterson, VP e GM di HireClick, ha evidenziato la capacità della soluzione di rendere l'acquisizione di talenti digitali più accessibile sia per i datori di lavoro che per i cercatori di lavoro.

Asure (NASDAQ: ASUR) ha adquirido HireClick, un innovador sistema de seguimiento de solicitudes (ATS) diseñado para pequeñas y medianas empresas. Este movimiento estratégico amplía la suite de gestión de capital humano (HCM) de Asure con una solución de contratación impulsada por IA que agiliza el proceso de reclutamiento. HireClick ofrece características como la creación de descripciones de trabajo, la publicación en bolsas de trabajo nacionales, el seguimiento de solicitudes y un sitio web de carreras personalizado.

La adquisición está alineada con la misión de Asure de simplificar la gestión de personas y ayudar a las empresas a competir por el mejor talento. Pat Goepel, Presidente y CEO de Asure, enfatizó la importancia de la contratación en el éxito empresarial y el objetivo de la empresa de reducir la carga administrativa. Scott Peterson, VP y GM de HireClick, destacó la capacidad de la solución para hacer que la adquisición de talento digital sea más accesible tanto para empleadores como para quienes buscan empleo.

Asure (NASDAQ: ASUR)는 중소기업을 위해 설계된 혁신적인 지원자 추적 시스템(ATS)인 HireClick을 인수했습니다. 이 전략적 움직임은 Asure의 인적 자원 관리(HCM) 제품군을 AI 기반 채용 솔루션으로 확장하여 채용 과정을 간소화합니다. HireClick은 직무 설명 작성, 국가 채용 게시판에 게시, 지원자 추적 및 맞춤형 경력 웹사이트와 같은 기능을 제공합니다.

이번 인수는 Asure의 인사 관리 간소화 및 우수 인재 확보를 위한 기업 경쟁력 강화 미션에 부합합니다. Pat Goepel, Asure의 회장 겸 CEO는 비즈니스 성공에 있어 채용의 중요성과 회사의 행정적 부담을 줄이려는 목표를 강조했습니다. HireClick의 VP이자 GM인 Scott Peterson은 고용주와 구직자 모두에게 디지털 인재 확보를 보다 쉽게 접근할 수 있도록 하는 솔루션의 능력을 강조했습니다.

Asure (NASDAQ: ASUR) a acquis la société HireClick, un système de gestion des candidatures (ATS) innovant conçu pour les petites et moyennes entreprises. Ce mouvement stratégique élargit la suite de gestion des ressources humaines (HCM) d'Asure avec une solution de recrutement basée sur l'IA qui rationalise le processus de recrutement. HireClick propose des fonctionnalités telles que la création de descriptions de poste, la publication sur des sites d'emploi nationaux, le suivi des candidatures et un site Web de carrières personnalisé.

Cette acquisition s'aligne sur la mission d'Asure de simplifier la gestion des personnes et d'aider les entreprises à rivaliser pour attirer les meilleurs talents. Pat Goepel, président et CEO d'Asure, a souligné l'importance du recrutement dans le succès des affaires et l'objectif de l'entreprise de réduire les charges administratives. Scott Peterson, VP et GM de HireClick, a mis en avant la capacité de la solution à rendre l'acquisition de talents numériques plus accessible tant pour les employeurs que pour les candidats.

Asure (NASDAQ: ASUR) hat HireClick, ein innovatives Bewerbermanagement-System (ATS), das für kleine und mittelständische Unternehmen entwickelt wurde, übernommen. Dieser strategische Schritt erweitert die Human Capital Management (HCM) Suite von Asure um eine KI-gestützte Einstellungslösung, die den Rekrutierungsprozess optimiert. HireClick bietet Funktionen wie die Erstellung von Stellenbeschreibungen, die Veröffentlichung auf nationalen Jobbörsen, die Nachverfolgung von Bewerbungen und eine personalisierte Karriereseite.

Die Übernahme steht im Einklang mit Asures Mission, das Personalmanagement zu vereinfachen und Unternehmen zu helfen, um die besten Talente zu konkurrieren. Pat Goepel, Vorsitzender und CEO von Asure, betonte die Bedeutung der Einstellung für den Geschäftserfolg und das Ziel des Unternehmens, den administrativen Aufwand zu reduzieren. Scott Peterson, VP und GM von HireClick, hob die Fähigkeit der Lösung hervor, die digitale Talentakquise für Arbeitgeber und Arbeitssuchende gleichermaßen zugänglicher zu machen.

Positive
  • Expansion of Asure's HCM suite with an AI-powered applicant tracking system
  • Potential to increase market share in the small and mid-sized business segment
  • Addition of features like job board posting and personalized career websites to Asure's offerings
  • Enhanced ability to help clients streamline their recruitment processes
Negative
  • Potential integration challenges and costs associated with the acquisition
  • Increased competition in the ATS market may pressure margins

Insights

The acquisition of HireClick by Asure (NASDAQ: ASUR) is a strategic move to enhance its Human Capital Management (HCM) suite. While financial details aren't disclosed, this expansion could potentially boost Asure's revenue streams and market share in the competitive HCM software sector. The addition of an AI-powered Applicant Tracking System (ATS) aligns with the growing demand for efficient hiring solutions, especially among small and mid-sized businesses. This could positively impact Asure's value proposition and customer retention rates. However, investors should monitor integration costs and the acquisition's impact on Asure's financial performance in upcoming quarters. The move reflects Asure's commitment to growth and innovation, which could enhance its competitive position in the long term.

Asure's acquisition of HireClick signifies a technological leap in their HCM suite. The integration of an AI-powered ATS is a smart move, addressing the growing need for intelligent hiring solutions. HireClick's features, such as AI-assisted job description creation and a mobile-friendly interface, align with current tech trends in HR. This acquisition could potentially accelerate Asure's AI adoption across its product line. The emphasis on user-friendliness and streamlined processes suggests a focus on enhancing user experience, which is important in the competitive HCM software market. However, the success of this integration will depend on Asure's ability to seamlessly incorporate HireClick's technology into its existing infrastructure while maintaining system stability and security.

This acquisition positions Asure to capitalize on the growing demand for efficient hiring solutions in the SMB market. The HCM software market is highly competitive and by adding an intuitive ATS to its suite, Asure is differentiating its offering. The focus on small and mid-sized businesses is strategic, as this segment often lacks access to sophisticated hiring tools. HireClick's features, such as integration with national job boards and AI-assisted job descriptions, address key pain points for SMBs in talent acquisition. This move could potentially expand Asure's market reach and increase its appeal to a broader customer base. However, the success of this strategy will depend on effective marketing, seamless integration and the ability to demonstrate tangible benefits to potential clients in a crowded marketplace.

Advanced ATS solution helps small and mid-size businesses to streamline talent acquisition in competitive job markets

AUSTIN, Texas, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Asure (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, has acquired HireClick, an innovative hiring solution designed to streamline the recruitment process for small and mid-sized businesses. This strategic acquisition reinforces Asure’s commitment to delivering comprehensive, user-friendly tools that simplify people management.

"Hiring top talent is an essential component of running a successful business, no matter the size. At Asure, our number one goal is to ease the administrative burdens associated with people management,” said Pat Goepel, Chairman and CEO of Asure. “We’re thrilled to acquire HireClick and add a robust, easy-to-use applicant tracking solution to our HCM suite. This addition enables us to further empower small and mid-sized businesses to win the war for talent."

HireClick’s all-in-one hiring solution offers a seamless experience for creating job descriptions, posting to national job boards, tracking applicants, and hiring top talent through a streamlined and intuitive process. The solution includes a personalized careers website, mobile-friendly job applications, and built-in AI support to craft effective job descriptions. With an intuitive dashboard, employers can easily view, filter, and track applications, as well as communicate with candidates throughout the hiring process.

“Across every industry, the talent acquisition process has gone digital. We designed the HireClick solution to make the process easier and more accessible for employers and job seekers alike,” said Scott Peterson, Vice President and General Manager for HireClick. “Now, we’re pleased to join the Asure family, which gives us the ability to greatly extend the reach of this valuable solution to level the playing field for businesses of all sizes.”

This acquisition marks another key milestone for Asure in its mission to provide businesses with the tools they need to manage their workforce efficiently and effectively. By integrating HireClick into its HCM suite, Asure Software is poised to offer an even more powerful solution for businesses looking to attract, hire, and retain top talent.

About Asure

Asure (NASDAQ: ASUR) provides cloud-based Human Capital Management (HCM) software solutions that assist organizations of all sizes in streamlining their HCM processes. Asure's suite of HCM solutions includes HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management. The company's approach to HR compliance services incorporates AI technology to enhance scalability and efficiency while prioritizing client interactions. For more information, please visit www.asuresoftware.com

Contact Information:
Patrick McKillop 
Vice President, Investor Relations  
617-335-5058
patrick.mckillop@asuresoftware.com


FAQ

What company did Asure (ASUR) acquire on August 15, 2024?

Asure (ASUR) acquired HireClick, an innovative hiring solution designed to streamline the recruitment process for small and mid-sized businesses.

How does the HireClick acquisition benefit Asure's (ASUR) product offering?

The acquisition adds a robust, AI-powered applicant tracking system to Asure's HCM suite, enhancing its ability to help small and mid-sized businesses attract, hire, and retain top talent.

What features does HireClick bring to Asure's (ASUR) HCM suite?

HireClick brings features such as job description creation, posting to national job boards, applicant tracking, a personalized careers website, mobile-friendly job applications, and AI support for crafting effective job descriptions.

How does the HireClick acquisition align with Asure's (ASUR) business strategy?

The acquisition aligns with Asure's mission to provide comprehensive, user-friendly tools that simplify people management and help businesses of all sizes compete for top talent.

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