Company Description
Asure Software, Inc. (Nasdaq: ASUR) is a cloud-based Human Capital Management (HCM) software company that focuses on helping organizations streamline their HR and payroll processes. According to the company’s public disclosures, Asure provides its HCM solutions as software delivered over the cloud and serves organizations of various sizes that want to simplify and modernize the way they manage people, pay, and compliance.
Asure operates in the computer systems design services industry within the broader professional, scientific, and technical services sector. Its HCM platform is built to address core functions such as HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management. The company states that its approach to HR compliance services incorporates AI technology to improve scalability and efficiency while still emphasizing direct client interactions.
Human Capital Management Software Focus
Asure describes itself as a provider of cloud-based HCM software solutions that assist organizations in streamlining their HCM processes. The company’s HCM suite includes:
- HR capabilities to support human resources processes.
- Payroll functionality to manage employee pay.
- Time and attendance tools to track working hours.
- Benefits administration to manage employee benefits programs.
- Payroll tax management to handle payroll-related tax obligations.
- Talent management to support hiring and employee development workflows.
These capabilities are delivered as cloud-based software, allowing clients to access HCM tools through a unified technology environment. Asure’s disclosures emphasize that its solutions are designed to help organizations of all sizes streamline and connect these processes.
Cloud Delivery and AI-Enabled Compliance
Asure’s HCM solutions are delivered via the cloud, which the company positions as a way for clients to access HR and payroll capabilities without maintaining on-premise infrastructure. The company also highlights that its HR compliance services incorporate AI technology. According to Asure, this use of AI is intended to enhance scalability and efficiency while keeping client interactions at the center of its service model.
The company’s statements indicate that AI is used in the context of HR compliance services, but they continue to stress the importance of human engagement with clients. This combination of technology and client focus is presented as part of how Asure supports organizations in managing regulatory and compliance-related aspects of human capital management.
Product Suite and Platform Evolution
Asure’s public communications describe an HCM suite that spans multiple functional areas. In addition to listing HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management, Asure has also discussed the development of a unified client experience.
The company has announced Asure Central™, described as a unified client platform experience. According to Asure, Asure Central consolidates access to payroll, HR, time and attendance, recruiting, tax management, compliance, and pay card capabilities into a single secure platform. The company states that Asure Central includes single sign-on, multi-factor authentication, and centralized user provisioning, and that it standardizes identity, design, and data models across its product suite.
In its own description, Asure explains that this shared foundation is intended to reduce engineering complexity and support costs, increase development velocity, enhance security, and position the company to integrate advanced AI, analytics, and workflow automation. Asure presents Asure Central as the backbone for future platform growth as it unifies its ecosystem into one scalable, modern experience.
Time and Attendance Expansion
Asure has reported that it seeks to expand its capabilities in time and attendance. In a Form 8-K filing, the company disclosed that on July 1, 2025, it acquired 100% of the membership interests of Lathem Time 2025, LLC (formerly Lathem Time Corporation). The filing states that Lathem is primarily a provider of time and attendance products. Asure has also described Lathem in its press releases as a trusted name in employee time and attendance solutions that has transformed into a modern software provider delivering cloud-based time and attendance solutions through its PayClock Online platform.
In its commentary, Asure has indicated that Lathem’s customer base and go-to-market approach are complementary to Asure’s focus on growing businesses, and that the acquisition is expected to add scale to its existing time and attendance business and provide additional recurring revenue. These statements underscore Asure’s emphasis on time and attendance as a significant component of its HCM offering.
Partnerships and Marketplace Strategy
Asure also highlights partnerships that extend the value of its HCM platform. For example, the company has announced a strategic partnership with PensionBee, a digital-first retirement provider. According to Asure, this collaboration enables employees of Asure’s payroll and HR customers to roll over existing 401(k) and IRA accounts into a single retirement savings plan managed through PensionBee.
Asure characterizes this partnership as part of its effort to deliver benefits that are often associated with larger enterprises to small and mid-sized organizations. The company describes its Partner Marketplace as a way to give clients access to additional software and services that can support business operations and employee satisfaction. PensionBee is cited as one of the providers in this marketplace.
Financial Reporting and Public Company Status
Asure Software, Inc. files reports with the U.S. Securities and Exchange Commission (SEC) under the symbol ASUR. Recent Form 8-K filings show that the company regularly reports its quarterly financial results and material events. For example, Asure has filed 8-Ks to furnish press releases announcing its second and third quarter 2025 financial results, and to disclose the Lathem acquisition and related credit agreement amendment.
These filings indicate that Asure uses a mix of GAAP, non-GAAP, and adjusted financial measures in its communications. The company provides definitions and reconciliations for metrics such as non-GAAP gross profit, EBITDA, and adjusted EBITDA, and explains why management uses these measures when planning and evaluating performance. Asure’s use of these metrics is presented as a way to provide additional perspective on operational performance alongside standard GAAP results.
Management and Operations Focus
Asure has emphasized operational execution and client experience in its public statements. The company has announced the appointment of a Senior Vice President of Operations with experience in HR and payroll managed services, noting that this role will oversee operational strategy and execution across payroll, HR, compliance, workforce management, and managed services businesses.
In its commentary, Asure links operational scale with customer satisfaction, stating that it aims to optimize service delivery, align cross-functional teams, and build an operational foundation to support continued expansion. These themes appear consistently in Asure’s communications about its growth plans and product integration efforts.
Business Model and Target Customers
Across its press releases and descriptions, Asure consistently presents itself as a provider of cloud-based HCM software solutions that help organizations streamline HR and payroll processes. Earlier descriptions note that Asure’s solutions are delivered as Software-as-a-Service (SaaS) and that the company serves businesses of various sizes, including small and mid-sized businesses.
The company positions its offerings as tools that allow organizations to manage HR, payroll, time and attendance, benefits, payroll tax, and talent processes in an integrated way. Through its platform, acquisitions, and partner marketplace, Asure aims to support employers in handling core workforce management tasks and related compliance obligations using cloud-based technology.