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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 Software (Nasdaq: ASUR) will release its financial results for Q1 2023 after market close on May 8, 2023. A conference call will follow at 3:30 PM CT (4:30 PM ET), hosted by Chairman and CEO Pat Goepel and CFO John Pence, to discuss these results. Investors can join the call via a live webcast on the company’s Investor Relations page or listen by phone after pre-registration. Asure provides cloud-based Human Capital Management (HCM) solutions that assist small and mid-sized businesses with payroll, tax services, and HR management, allowing them to focus on growth instead of administrative overhead.
Asure Software (Nasdaq: ASUR), a leader in cloud-based Human Capital Management (HCM) software solutions, announced its participation in several upcoming financial conferences. These events include the Needham Annual Technology & Media Conference on May 16, 2023, and the Jefferies HCM Tech Summit on May 17, 2023, both held in New York. Additionally, Asure will be present at the B. Riley Institutional Investor Conference in Beverly Hills, CA, on May 25, 2023, and the Craig-Hallum Institutional Investor Conference in Minneapolis, MN, on May 31, 2023. The company will also attend the TD Cowen Technology, Media & Telecom Conference on May 31 and June 1, 2023, in New York. Asure offers a comprehensive HCM suite that aids small and mid-sized companies in compliance and operational efficiency.
Asure Software (Nasdaq: ASUR) has announced a strategic partnership with Harbor Compliance, aimed at enhancing compliance solutions for businesses navigating multi-state hiring and payroll tax registration. This collaboration provides Asure’s 100,000 clients with access to Harbor Compliance's intuitive technology, streamlining federal, state, and local registration processes. The move addresses challenges posed by remote work and out-of-state hiring, enabling efficient payroll processing. Both companies aim to reduce administrative burdens for small and mid-sized businesses, supporting their growth and compliance needs.
Asure Software (Nasdaq: ASUR) announced that it has no accounts or client funds with Silicon Valley Bank or Signature Bank, reaffirming its financial stability amid recent banking sector volatility. Asure is a provider of cloud-based Human Capital Management (HCM) software solutions aimed at supporting small and mid-sized companies. Their offerings include payroll, tax services, time and attendance software, and HR services, which help clients navigate complex labor laws and manage resources effectively. This announcement highlights Asure's commitment to transparency and client security in uncertain economic conditions.
AUSTIN, Texas, March 3, 2023 (GLOBE NEWSWIRE) -- Asure Software (Nasdaq: ASUR), a leader in cloud-based Human Capital Management (HCM) software solutions, has announced its participation in the 35th Annual Roth Conference from March 12-14, 2023. During this event, CEO Pat Goepel and President Eyal Goldstein will engage in 1-on-1 meetings, small group discussions, and presentations among approximately 400 participating companies. This platform aims to facilitate networking and investment opportunities within the growth sector.
For more details and registration, visit Asure Software's official page.
Asure Software reports a record fourth quarter revenue of $29.3 million, a 39% increase from the previous year, contributing to a full year revenue of $95.8 million, up 26%. Recurring revenue also saw a substantial rise, reaching $24.1 million in Q4. Despite a net loss of $1.1 million in Q4, this marks an improvement of $3.2 million year-over-year. The company has raised its financial targets for 2023, projecting revenue between $105 million and $107 million. Key integrations with ZayZoon and tax software firms enhance Asure's service offerings, aligning with market trends towards employee convenience.
Asure Software (Nasdaq: ASUR) has partnered with ZayZoon to introduce an on-demand pay solution aimed at enhancing financial wellness for employees while providing small and mid-sized businesses (SMBs) with a competitive edge in hiring and retention.
This collaboration will allow employees of Asure’s payroll clients to access their earned wages instantly, promoting better financial health. According to CEO Pat Goepel, this service aims to alleviate financial pressures on employees and is becoming essential in talent acquisition.
Asure (Nasdaq: ASUR) is set to release its fourth quarter and full year 2022 financial results on February 27, 2023, after market close. A conference call will follow at 3:30 pm CT to discuss these results, featuring key company executives, including Chairman and CEO Pat Goepel.
The company offers cloud-based Human Capital Management (HCM) software solutions aimed at small and mid-sized businesses, supporting over 80,000 clients. Asure's solutions include payroll, HR, and time and attendance services.
Asure Software has partnered with Intuit's TurboTax to enhance tax filing for its small business clients. This integration allows employees to import W-2 information directly, simplifying the filing process and reducing errors. By enabling electronic filing, tax refunds can be expedited, providing added benefits to employees amid a competitive job market. CEO Pat Goepel emphasized the initiative's goal to streamline HR and payroll processes, thereby attracting and retaining talent. Asure's advanced solutions aim to assist businesses in managing compliance and reducing back-office expenses.
Asure Software, Inc. (Nasdaq: ASUR) announced a new integration with H&R Block aimed at simplifying tax preparation for employees and small businesses. This collaboration allows employees to electronically access their W-2s from Asure into H&R Block's tax software, streamlining the tax process and minimizing manual input errors. The integration, available for all employees receiving W-2s from Asure's clients, enhances the competitive edge for small businesses in talent acquisition by demonstrating a commitment to employee convenience. CEO Pat Goepel emphasized the initiative as a significant advancement in leveraging technology for workforce management.
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