Asure Joins SAP® PartnerEdge® Open Ecosystem
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Insights
Joining the SAP® PartnerEdge® Open Ecosystem represents a strategic move for Asure Software, with potential to expand its market reach and enhance product capabilities. This collaboration could lead to increased sales and customer retention, as integration with SAP's widely used ERP systems may improve the user experience for Asure's clients. It is important to assess how this integration could affect Asure's revenue growth and operational costs. The market should also consider the time frame for integration and any potential impact on Asure's profit margins.
The HCM software market is highly competitive, with many players seeking differentiation through partnerships and integrations. Asure's invitation to the SAP PartnerEdge program could enhance their competitive positioning within the industry. However, analysts should examine the technical feasibility and execution risk associated with integrating Asure's tax engine with SAP ERP systems. Furthermore, it is crucial to monitor the adoption rate post-integration and any feedback from the existing SAP client base to gauge the success of this initiative.
Effective integration of payroll tax engines into ERP systems can lead to significant efficiency gains and error reduction in payroll processing. As an ERP Integration Specialist, it is pertinent to analyze the technical aspects of Asure's integration with SAP systems. The complexity of tax compliance and the robustness of Asure's solutions are key factors that will determine the value added to SAP's offerings. The long-term implications include potential shifts in market demands for more integrated HCM solutions and the technical support required to maintain such integrations.
Access unlocks development tools to integrate its payroll tax engine with leading ERP software
AUSTIN, Texas, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Asure Software (NASDAQ: ASUR), an established provider of cloud-based Human Capital Management (“HCM”) software solutions, is proud to announce its invitation to join the SAP® PartnerEdge® Open Ecosystem. This prestigious opportunity unlocks access to a wealth of tools, resources, and training that will enable Asure to enhance its advanced payroll tax engine to seamlessly integrate with SAP systems and streamline payroll tax processes for its existing SAP clients.
Pat Goepel, Chairman and CEO of Asure, expressed his enthusiasm about this strategic collaboration: "Joining the SAP PartnerEdge Open Ecosystem marks a significant step forward for our payroll tax management business. This partnership aligns perfectly with our strategy to deliver cutting-edge solutions that empower enterprises in navigating the complexities of payroll tax filing. We are excited to leverage SAP's extensive resources to enhance our offerings and continue providing innovative solutions to our clients."
Asure Software's integration with SAP through the PartnerEdge Open Ecosystem underscores the company's commitment to expanding its capabilities and reach. This collaboration will not only enhance Asure's existing suite of solutions but also open new avenues for growth and innovation in the HCM domain.
About Asure Software
Asure Software (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.
The forward-looking statements contained in this press release represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in the Company’s expectations with regard to these forward looking statements or any change in events, conditions or circumstances on which any such statements are based.
SAP and PartnerEdge are registered trademarks of SAP.
Contact:
Patrick McKillop
Asure Investor Relations
617-335-5058
Patrick.mckillop@asuresoftware.com
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