Welcome to our dedicated page for Asure Software news (Ticker: ASUR), a resource for investors and traders seeking the latest updates and insights on Asure Software stock.
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.
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