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Asure Powers New Payroll Tax Product for Vensure Employer Solutions

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AUSTIN, Texas, June 03, 2024 – Asure Software (NASDAQ: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, is pleased to announce a new agreement with Vensure Employer Solutions, a premier provider of HR technology and global business process outsourcing. This collaboration will introduce the PrismHR TAX platform, delivering comprehensive payroll tax management services for PrismHR clients and Vensure’s internal operations.

The new PrismHR TAX platform leverages Asure’s advanced payroll tax technology to reduce financial risk for companies while ensuring compliance with the latest federal, state, and local tax regulations. This platform enhances Vensure’s already robust PrismHR technology portfolio, which includes Professional Employer Organization (PEO), Administrative Service Organization (ASO), and Human Capital Management (HCM) solutions.

“We are excited to collaborate with Vensure Employer Solutions to deliver a market-leading payroll tax management solution,” said Pat Goepel, Chairman and CEO of Asure Software. “Our Payroll Tax Management product is gaining significant market share by providing the compliance and scalability needed by large enterprises and HCM providers like Vensure. This agreement will enable Vensure and PrismHR clients to benefit from enhanced regulatory compliance and streamlined processes, ultimately saving time and simplifying payroll tax filings.”

Alex Campos, Chief Executive Officer of Vensure Employer Solutions, added, “The integration of the PrismHR TAX platform with our existing PrismHR technology creates a unique and powerful solution. This addition further solidifies our leadership position by offering a more comprehensive, fully integrated HR technology portfolio to businesses across North America.”
Asure’s financial strength and stability underpin this collaboration, ensuring that Vensure and PrismHR customers receive a reliable and effective approach to payroll tax management and compliance.

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