Asure Software, Inc. Strengths, Domain Expertise, and Key Differentiators
Asure's key differentiators lie in its robust product portfolio and domain expertise in HCM. The company empowers businesses to streamline HR processes and optimize workforce management. With over 80,000 SMB clients across the U.S., Asure's focus on compliance and growth sets it apart in the competitive HCM market.
Asure Software, Inc. Recent Developments
Asure Software, since January 2020, has rebranded to focus on SaaS Human Capital Management (HCM) solutions. This strategic shift aims to empower small and midsize businesses, emphasizing growth through human capital development. Despite a slight revenue decrease of 10.4% in 2020 due to COVID and lower interest rates, Asure continues to drive innovation in the HCM sector, offering a comprehensive suite of HCM tools.
Asure Software, Inc. Mergers and Acquisitions (M&A) Activities
In December 2019, Asure sold its Workspace Management business to FM:Systems, reinforcing its commitment to HCM. This divestiture enables Asure to concentrate on its core competency, SaaS HCM solutions for SMBs. Additionally, the company acquired Sheakley PaySystems in January 2018, expanding its portfolio to include Workers Comp, Risk Management, HR, Payroll, and employee benefits services.
Asure Software, Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Asure Software, Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Asure Software, Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Asure Payroll & Tax, Asure Time and Attendance, Asure Human Resources, customers.
Asure Software, Inc. Overview
405 Colorado Street Suite 1800
Austin, TX, 78701, United States
1 888-323-8835
https://www.asuresoftware.com/
Ownership: - ASUR : Nasdaq CM
Number of Employees: 564
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Asure Software, Inc. Key Enterprise and Cloud Applications
Asure Payroll & Tax, Asure Time and Attendance, Asure Human Resources,
Asure Software, Inc. Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Asure Software, Inc. Revenue Breakdown By Type, $M:
Asure Software, Inc. Enterprise Applications Revenues By Functional Markets, $M:
Asure Software, Inc. Enterprise Applications Revenues By Verticals, $M:
Asure Software, Inc. Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Asure Software, Inc. Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Asure Software, Inc. Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Asure Software, Inc. Customers
No. of Asure Software, Inc. Customers: 80000
No. of Asure Software, Inc. Enterprise Applications Customers: 80000
No. of Asure Software, Inc. Cloud Customers: 80000
No. of Asure Software, Inc. Cloud Subscribers: x
Asure serves a diverse clientele, with approximately 15,000 direct clients and 65,000 indirect clients through Reseller Partners. Clientele spans various industries and regions, showcasing the company's widespread adoption and effectiveness across different business landscapes.
Asure Software, Inc. Market Opportunities, M&A and Geo Expansions
Amidst evolving market trends, Asure is poised to capitalize on the growing demand for cloud-based HCM solutions. Expansion into new regions and deeper integration of IoT, AI, and ML technologies present lucrative growth opportunities. By leveraging its expertise, Asure can cater to emerging market needs while enhancing its competitive edge.
Asure Software, Inc. Risks and Challenges
Internal risks such as market competition and external factors like shifting regulatory landscapes pose challenges to Asure's growth trajectory. Go-to-market strategies must address these risks effectively to maintain market leadership and sustain profitability.
Asure Software, Inc. Ecosystem, Partners, Resellers and SI
Asure's ecosystem encompasses strategic partnerships with leading technology providers like Amazon Web Services, Cisco, and Microsoft. These integrations bolster product offerings and enhance customer value proposition. Collaboration with Reseller and Referral Partners expands market reach and fosters a robust ecosystem of solutions.
Asure Software, Inc. Cloud Infrastructure Insights
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- Asure Software, Inc. Public Cloud and Infrastructure (IaaS)
- Asure Software, Inc. Platform (PaaS)
- Asure Software, Inc. Application Delivery
- Asure Software, Inc. Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
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