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Asure Software, Inc. (NASDAQ: ASUR) is a leading provider of cloud-based Human Capital Management (HCM) software solutions. With a focus on helping small and mid-sized businesses (SMBs) develop their human capital, Asure ensures they stay compliant, efficiently allocate resources, and drive growth. The company's HCM suite, branded as AsureHCM, includes cloud-based payroll and tax services, HR management, and time and attendance solutions. Additionally, Asure offers HR services ranging from projects to outsourcing payroll and consulting services.
Serving over 5,000 clients worldwide, Asure brings innovative workplace and workforce management solutions that meet the evolving needs of an agile workforce. Their comprehensive suite includes HR, payroll, time and attendance, benefits administration, and talent management. These solutions are designed to streamline HCM processes, making them more efficient and scalable by integrating AI technology.
Recent achievements highlight Asure's commitment to innovation and growth. The company announced a strategic partnership with Key Benefit Administrators (KBA) to deliver the Proactive Health Management Plan (PHMP). This partnership aims to enhance employee health and reduce costs for employers and employees by offering a wide range of health services, including telemedicine, biometric screenings, and wellness coaching.
Financially, Asure reported significant growth in 2023 with a total revenue of $119.1 million, a 24% year-over-year increase. The company's efforts to advance technology through strategic partnerships, such as its invitation to join the SAP PartnerEdge Open Ecosystem, are expected to drive future growth. This partnership allows Asure to enhance its payroll tax engine and streamline payroll tax processes for SAP clients.
Asure's approach to HR compliance incorporates AI to enhance scalability and efficiency while prioritizing client interactions. Their ongoing initiatives, including the integration of generative AI through a partnership with AWS, aim to push the boundaries of HCM technology, providing more agile, efficient, and user-centric solutions.
For more information on Asure Software's latest news and services, visit their official website at www.asuresoftware.com.
Asure (NASDAQ: ASUR), a major provider of cloud-based Human Capital Management (HCM) software, has released its 2024 HR Benchmark Report, focusing on small businesses. The report highlights that companies prioritizing HR best practices significantly outperform their peers. Surveying over 1,000 SMBs, it examines eight HR practices: recruiting, hiring, benefits, onboarding, development, compliance, retention, and post-employment. Key findings include that fast-growth companies adopt HR best practices at an 83% rate, compared to 64% for zero-growth firms. Competitive benefits like 401(k) plans and wellness programs are important in attracting and retaining talent, with 74% of fast-growth companies offering them versus 50% of zero-growth firms. Effective onboarding, investment in employee development, and strong compliance measures are also vital for business success.
Asure (NASDAQ: ASUR) has announced that Vidya Sagar Ravipati, Applied Science Manager at the AWS Generative AI Innovation Center, will be a guest speaker at its EVOLVE 2024 conference in Austin, TX, from June 4-7, 2024.
Vidya Sagar will discuss the transformative power of generative AI in Human Capital Management (HCM) technology. The event, designed for Asure reseller partners, will focus on helping resellers drive growth and enhance efficiency.
Asure's collaboration with AWS aims to integrate advanced AI and machine learning capabilities into HCM solutions, optimizing workflows, enhancing user experiences, and expediting innovation. Attendees will gain insights into leveraging these technologies for digital transformation.
Asure, a provider of cloud-based Human Capital Management (HCM) software, has announced the release of the 100th episode of its 'Mission to Grow' podcast.
This milestone highlights Asure's dedication to aiding small businesses with essential insights and strategies. The latest episode addresses the FLSA overtime threshold, a regulation potentially impacting 4 million business owners.
Since its launch, the podcast has offered valuable content on leadership, HR compliance, and employee engagement, hosted by Asure CMO Mike Vannoy. Asure continues to support small businesses with innovative workforce management solutions, including HR, payroll, and time management tools.
Listeners can access the podcast on major platforms such as Apple Podcasts, Spotify, and Google Podcasts, as well as view episodes on YouTube.
Asure Software, Inc. (Nasdaq: ASUR) announces its participation in various financial conferences in May and June 2024. The company will attend events like the 19th Annual Needham Technology, Media and Consumer Conference, Jefferies HCM Summit, and more to showcase its cloud-based Human Capital Management solutions.
Asure Software, Inc. reported first-quarter 2024 results with revenue of $31.7 million, down 4% year over year. Recurring revenue was up 8% to $30.3 million. The company announced new product launches and partnerships, emphasizing growth and innovation. Management reiterated 2024 revenue guidance of $125.0 million - $129.0 million. Despite a net loss of $0.3 million, Asure remains focused on expanding its recurring revenue business and introducing new technologies to drive growth.
Asure (NASDAQ: ASUR) has announced a strategic partnership with HRlogics to provide clients with access to tax credits and hiring incentives, enhancing their growth potential. This move aims to empower small to midsize businesses by offering resources to support their development and expansion.
Asure (NASDAQ: ASUR) partners with HRlogics to provide clients with access to critical tax credits and hiring incentives, aiming to enhance their growth potential and financial robustness. The partnership allows Asure clients to benefit from a comprehensive review of potential tax credits tailored to their specific activities, with expert guidance from HRlogics to maximize these opportunities.
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