Asure Software Inc Stock Price, News & Analysis

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.

AUSTIN, Texas, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Asure Software (Nasdaq: ASUR) will participate in the 25th Annual Needham Growth Conference on January 12, 2023, virtually. Eyal Goldstein, President and Chief Revenue Officer, and John Pence, CFO, will present and hold one-on-one meetings with investors. Asure specializes in cloud-based Human Capital Management (HCM) solutions, providing services like Payroll and HR to small and mid-sized companies. For inquiries or to arrange meetings, contact Asure's investor relations team.

Asure Software reported Q3 2022 revenue of $21.9 million, a 22% increase year-over-year, but incurred a net loss of $4.5 million compared to net income of $5.3 million in Q3 2021. Adjusted EBITDA rose 71% to $2.1 million, with total bookings increasing by 91% year-over-year. Asure raised its Q4 revenue guidance to a growth range of 11% to 14% and provided preliminary 2023 revenue guidance of $98 to $102 million. The company is focusing on automation and enhancing HR compliance to drive future revenue growth.

Asure, a cloud-based Human Capital Management (HCM) software provider, announced the release of its financial results for Q3 2022, scheduled for November 7, 2022, after market close. The company will hold a conference call hosted by CEO Pat Goepel and CFO John Pence at 3:30 PM CT to discuss the results, followed by a Q&A session. Investors can access a live webcast on their Investor Relations page.

Asure supports over 80,000 small and mid-sized businesses with solutions including payroll, tax, HR, and compliance.

Asure Software and Equifax have announced a new integration that enables Asure's clients to access automated verification services from The Work Number. This integration aims to streamline employment and income verifications for small businesses, benefiting approximately 80,000 customers. Employers will save time by reducing manual verification requests, while employees can achieve faster access to critical services during life milestones. The integration is available at no cost to Asure clients and reflects a commitment to enhancing Human Capital Management (HCM) functionality.

Asure Software and Equifax have announced a new integration that allows Asure clients access to The Work Number, providing automated verifications for employment and income. This integration aims to benefit over 80,000 small businesses and their employees by streamlining the verification process, reducing manual efforts, and enhancing efficiency. With a database of 584 million employment records, The Work Number offers quick and secure verifications, essential for significant life events like mortgage applications. The service is available now at no extra cost to Asure clients.

Asure Software (Nasdaq: ASUR) has unveiled new proprietary technology aimed at automating back-office processes for CPAs and tax professionals dealing with the Employee Retention Tax Credit (ERTC). This innovation responds to increased demand for amended tax returns, streamlining the calculation of compliant tax credits for small businesses. CEO Pat Goepel emphasized that this technology will not only enhance operational efficiency for CPA partners but also drive organic growth for Asure. The solution builds on Asure’s existing FlexTax platform, which facilitates cloud-based payroll tax processing.