Asure Software, Inc. provides cloud-based Human Capital Management (HCM) software solutions in the United States. Its HR tools are delivered as Software-as-a-Service to help small and medium-sized businesses build a productive workforce, stay compliant, and allocate resources for growth. The company offers a comprehensive suite of HCM tools through its Asure HCM platform, including payroll and tax filing, HR management, time and attendance, recruiting, and benefits administration. It also provides technology-enabled services such as AsureMarketplace, HR compliance services, AsurePay, and insurance brokerage services. The company was formerly known as Forgent Networks Inc. and changed its name to Asure Software, Inc. in September 2007. It was incorporated in 1985 and is headquartered in Austin, Texas.
Paycom Leads HR Software Q2 as Paylocity, Paychex, Asure Report
Paycom posted the strongest quarter among the four HR software stocks tracked, reporting revenues of $531.2 million, up 9.8% year on year and 3.5% above analysts' expectations, with full-year EBITDA guidance exceeding estimates and a solid beat on billings. Paylocity reported revenues of $444.7 million, up 11% year on year and 3.1% ahead of expectations, delivering the highest guidance raise of the group, though its stock is down 1.1% since reporting and trades at $141.75. Asure Software reported revenues of $37.11 million, up 23.2% year on year and in line with expectations, but posted a significant miss on billings estimates and the weakest guidance update in the group, with its stock flat at $8.44. Paychex reported revenues of $1.61 billion, up 12.5% year on year and in line with expectations, with a decent beat on adjusted operating income estimates, and its stock is up 18.2% since reporting at $115.83. As a group, the four HR software stocks beat consensus revenue estimates by 1.7%, next quarter's revenue guidance came in line, and share prices are up 10.8% on average since the latest earnings results, with Paycom up 25.3% to $218.96.
ASUR · Capital · Negative Asure posted a significant miss on billings estimates and the weakest guidance update in the group despite in-line revenue.
PAYC · Capital · Positive Paycom posted the strongest quarter of the group, beating revenue and billings estimates with full-year EBITDA guidance above estimates.
PAYX · Capital · Positive Paychex reported 12.5% revenue growth in line with expectations and a decent beat on adjusted operating income estimates.
PCTY · Capital · Positive Paylocity beat revenue expectations by 3.1% and delivered the highest guidance raise of the group.
Asure Software has made its Asure Tax solution available on Oracle Marketplace, enabling organizations running Oracle Fusion Cloud HCM to support multi-jurisdiction payroll tax filing, funding, and money movement without migrating their payroll system of record. The integration covers federal, state, and local tax filing and remittance across all 50 states and more than 800 jurisdictions, with an on-time filing rate above 99 percent. Asure files across all 50 states and more than 800 jurisdictions, and the solution includes agency notice tracking and reconciliation of tax liabilities against payments. The integration uses Oracle Fusion Cloud HCM as the payroll system of record, allowing payroll, tax, finance, and treasury teams to track filing status and payment activity through the Asure Tax Portal. Asure's Chairman and CEO, Pat Goepel, highlighted that the compliance and money movement rules are changing faster than systems can handle, and Oracle Marketplace puts the solution in front of teams while decisions are still open.
Asure Software Targets 2026 Revenue of $159M-$163M
Asure Software outlined its growth strategy and financial targets during an investor presentation, guiding for 2026 revenue of $159 million to $163 million and adjusted EBITDA margins of 24% to 25%. The company, which serves more than 100,000 clients and 2 million employees, plans to drive growth through cross-selling, expanded sales capacity, reseller acquisitions, and its new AsureWorks managed HR service. Management aims to increase average product adoption from two offerings per customer to four or more, and highlighted enterprise payroll-tax services as the largest medium-term opportunity, with that business growing from roughly $2 million-$2.5 million in revenue at its 2020 acquisition to about $25 million, with potential to reach $100 million. The company also reported second-quarter 2026 total revenue growth of 23% year over year, recurring-revenue growth of 19%, and adjusted EBITDA growth of approximately 48%, with organic growth contributing 5.3 percentage points, reseller acquisitions 3.5 points, and strategic acquisitions 14.5 points.
Dynatrace named top software pick while Domo and Asure Software flagged as risky
StockStory identified Dynatrace as a resilient software stock with promising prospects, while advising caution on Domo and Asure Software. Dynatrace, with an $11.77 billion market cap, benefits from 24% average billings growth, an 81.7% gross margin, and a 26.2% free cash flow margin. Domo faces underwhelming 1.3% billings growth and a projected 1.7% sales decline, trading at 0.5 times forward price-to-sales. Asure Software's 12.3% annual growth lagged peers, with estimated growth slowing to 10.4% and a weak 5.3% free cash flow margin, trading at 1.4 times forward price-to-sales.
Asure Software Partners with NCRLA to Strengthen Hospitality Workforce Management
Asure Software announced a partnership with the North Carolina Restaurant and Lodging Association to serve as a preferred solutions provider for the association's more than 25,000 restaurant and lodging businesses. Through this partnership, NCRLA members will gain access to Asure's HR, payroll, time and attendance, and compliance solutions designed to simplify workforce management and reduce administrative strain. The collaboration aims to help hospitality operators navigate challenges such as high employee turnover and complex scheduling while maintaining compliance. Asure's platform will be supported by white-glove onboarding and a dedicated support team for NCRLA members.
ASUR · Demand · Positive Partnership with NCRLA gives Asure access to 25,000+ hospitality businesses, expanding customer base for its workforce management solutions.
Paylocity Earns Top Marks in Q1 HR Software Earnings
Paylocity reported the strongest results among HR software peers in the first quarter, with revenues of $502.3 million beating analyst estimates by 2.6% and full-year EBITDA guidance raised above expectations. The company's recurring revenue grew 11.6% year on year, and it announced the acquisition of AI-powered recruiting automation firm Grayscale. Paychex posted revenues of $1.81 billion, up 19.9% and exceeding estimates by 1.5%, while Asure Software's $42.76 million in revenue, a 22.7% increase, was overshadowed by next-quarter EBITDA guidance that significantly missed expectations. Paycom's revenues rose 7.8% to $571.8 million, meeting full-year guidance but delivering the slowest growth and weakest performance against estimates among the group. Despite the mixed results, the four HR software stocks collectively saw average share prices decline 2.4% since reporting.
United States