Asure Software Inc Stock Price, News & Analysis

Asure (Nasdaq: ASUR), a cloud-based Human Capital Management (HCM) software provider, will release its first-quarter 2022 financial results on May 9, 2022, after market close. A conference call hosted by CEO Pat Goepel and CFO John Pence will take place at 3:30 PM CT to discuss the results, followed by a Q&A session. The call can be accessed via U.S. dial-in at (877) 853-5636 or international at (631) 291-4544. Asure supports over 80,000 businesses with HCM solutions including Payroll, HR, and Time & Attendance.

Asure Software (Nasdaq: ASUR) announced new integrations with Automation Anywhere and Workato to enhance its Human Capital Management (HCM) platform. These integrations utilize Robotic Process Automation (RPA) to streamline Payroll, HR, Tax Management, and money-movement services. The Automation Anywhere integration improves internal effectiveness by deploying RPA bots, while Workato enhances API integrations to optimize backend processes. CEO Pat Goepel emphasized that automation is transforming productivity and customer experiences, allowing staff to focus on more impactful, client-facing tasks.

Asure Software, Inc. (Nasdaq: ASUR) reported impressive growth in its fourth quarter and full year results for 2021, showcasing a 29% increase in revenue to $21.1 million. Non-GAAP EBITDA more than doubled to $2.4 million, reflecting robust business performance. Key highlights included 5% organic growth and significant acquisitions driving revenue. The company also filed for over $200 million in Employee Retention Tax Credits on behalf of clients, enhancing its service offerings. Looking ahead, guidance for Q1 2022 revenue is between $23.25 million and $23.75 million, with a full-year revenue forecast of $85.0 million to $90.0 million.

Asure Software (Nasdaq: ASUR) has announced a new integration with Intuit QuickBooks to enhance productivity for accountants and clients during the tax season. This integration enables automatic syncing of payroll data with QuickBooks Online, eliminating manual entry and reducing errors. Accountants can leverage their newfound time for strategic offerings, improving client financial management through automated payroll and tax reporting. CEO Pat Goepel emphasized that this initiative aims to enhance client efficiency and support comprehensive HR needs, including payroll, onboarding, and performance management.

Asure Software, Inc. (Nasdaq: ASUR), a provider of cloud-based Human Capital Management (HCM) solutions, announced its support as a Premier sponsor for the Independent Payroll Providers Association (IPPA) Spring Summit from March 2-4, 2022. The event aims to enhance networking among payroll service resellers and showcase Asure's updates in key areas, including All-in-One Payroll & HR solutions, flexible Tax Filing services, Benefit Administration Integration, and new Outsourced HR offerings. These advancements reflect Asure's commitment to providing enhanced technology and service solutions.

Austin-based Asure (Nasdaq: ASUR) will release its financial results for 2021 after market close on March 14, 2022. The company, known for its cloud-based Human Capital Management software, will host a conference call at 3:30 PM CT (4:30 PM ET) the same day to discuss these results. Chairman and CEO Pat Goepel, alongside CFO John Pence, will present followed by a Q&A session. The call can also be accessed via a live webcast on their investor relations website.

Asure Software (Nasdaq: ASUR) announced it has filed for over $200 million in stimulus for its clients under the Employee Retention Tax Credit (ERTC) program. Pat Goepel, CEO, emphasized the importance of this funding, noting many small and mid-sized businesses were unaware of their eligibility. Asure's ERTC Filing Service aims to help clients identify eligible wages, calculate credits, and file amended returns efficiently. With a focus on education about the program, Asure anticipates increased filings as businesses become aware of potential benefits.

Asure Software, Inc. (Nasdaq: ASUR) has launched an advanced Treasury Management System aimed at enhancing automation in cash management for business customers. This system provides real-time visibility into treasury functions and integrates multiple platforms for efficient money movement, reconciliation, and reporting. CEO Pat Goepel emphasized that this initiative will leverage fintech trends like same-day pay and will improve decision-making with enhanced financial transparency. The new Treasury System is designed not only for Asure's internal use but also to assist other payroll providers and large enterprises.

Asure Software (Nasdaq: ASUR) has partnered with Certegy to enhance payroll processing for its over 80,000 business customers. This collaboration introduces Certegy's Positive Pay program, allowing unbanked employees easier access to cash their checks at over 100,000 retailers in the U.S. The program aims to reduce payroll fraud and lower check-cashing fees for businesses, providing a competitive advantage in employee recruitment and retention. Asure's integration of this secure payment solution is expected to further empower its clients to onboard more workers efficiently.