Asure Software will sell its payroll tax solutions through AWS Marketplace, expanding market access significantly.
Quiver AI Summary
Asure Software, Inc. announced that it will start co-selling its Enterprise Payroll Tax and Treasury solutions via the Amazon Web Services (AWS) Marketplace in September 2026. This partnership aims to tap into the vast customer base of AWS's 330,000 enterprise clients, signifying a major expansion for Asure's rapidly growing business segment, which currently contributes nearly 20% of the company's revenue. The accessibility provided by AWS Marketplace is expected to streamline the procurement process for businesses looking to manage payroll tax and treasury operations, allowing Asure to engage more effectively with potential clients. Additionally, collaboration with Labra.io will enhance Asure's Marketplace strategy, facilitating streamlined listing and sales processes. By leveraging AWS's extensive distribution channel, Asure seeks to accelerate its growth in the enterprise market and serve a broader range of customers.
Potential Positives
- Asure Software will begin co-selling its Enterprise Payroll Tax and Treasury solutions through the AWS Marketplace, which expands its addressable market significantly.
- This partnership opens access to 330,000 potential enterprise customers, enhancing revenue growth opportunities for Asure's fastest-growing business segment.
- The collaboration aims to streamline procurement processes, making it easier for existing AWS customers to access Asure’s solutions, thus reducing barriers to entry.
- Asure's Enterprise Payroll Tax and Treasury solutions already contribute nearly 20% of its revenue, indicating a strong existing market presence which can be amplified through the AWS Marketplace.
Potential Negatives
- The press release emphasizes the significant reliance on AWS Marketplace for distribution, which may highlight Asure's vulnerability to potential changes in AWS's policies or marketplace dynamics.
- While expanding the addressable market is positive, it might indicate that Asure's current market strategies were limited without AWS Marketplace, suggesting potential past performance issues.
- The mention of co-selling and partnerships may imply that Asure lacks sufficient resources or capabilities to independently reach the desired enterprise market.
FAQ
What new opportunity is Asure Software pursuing with AWS Marketplace?
Asure Software will co-sell its Enterprise Payroll Tax and Treasury solutions to the 330,000 customers in the AWS Marketplace starting September.
How will AWS Marketplace benefit Asure's Enterprise solutions?
AWS Marketplace provides a new distribution channel, reducing procurement friction and expanding Asure's reach to enterprise customers and payroll providers.
What percentage of Asure's revenue is generated from payroll tax solutions?
Payroll tax solutions currently account for nearly 20% of Asure’s total revenue.
Who is partnering with Asure to enhance their AWS Marketplace strategy?
Asure is collaborating with Labra.io, an AWS Premier Tier Services Partner, to accelerate its AWS Marketplace strategy.
What impact could AWS Marketplace have on Asure's sales cycle?
AWS Marketplace can shorten enterprise software sales cycles by streamlining contracting and enabling private offers for faster revenue realization.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ASUR Insider Trading Activity
$ASUR insiders have traded $ASUR stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $ASUR stock by insiders over the last 6 months:
- EYAL GOLDSTEIN (Chief Revenue Officer) sold 20,000 shares for an estimated $181,880
- BJORN REYNOLDS sold 15,420 shares for an estimated $128,787
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ASUR Revenue
$ASUR had revenues of $37.1M in Q2 2026. This is an increase of 23.2% from the same period in the prior year.
You can track ASUR financials on Quiver Quantitative's ASUR stock page.
You can access data on ASUR stock through the Quiver Quantitative API.
$ASUR Hedge Fund Activity
We have seen 48 institutional investors add shares of $ASUR stock to their portfolio, and 47 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EVERSOURCE WEALTH ADVISORS, LLC removed 499,391 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $3,965,164
- ARROWMARK COLORADO HOLDINGS LLC removed 266,640 shares (-35.2%) from their portfolio in Q2 2026, for an estimated $2,117,121
- ROYCE & ASSOCIATES LP added 220,158 shares (+47.7%) to their portfolio in Q2 2026, for an estimated $1,748,054
- PRIVATE CAPITAL MANAGEMENT, LLC added 191,468 shares (+4.8%) to their portfolio in Q2 2026, for an estimated $1,520,255
- BLACKROCK, INC. added 139,634 shares (+9.2%) to their portfolio in Q2 2026, for an estimated $1,108,693
- ANCHOR CAPITAL ADVISORS LLC removed 120,674 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,037,796
- BEACON HARBOR WEALTH ADVISORS, INC. added 107,744 shares (+inf%) to their portfolio in Q2 2026, for an estimated $855,487
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
AUSTIN, Texas, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Asure Software, Inc. (Nasdaq: ASUR) , a provider of payroll and HR solutions for employers and enterprise payroll tax and treasury infrastructure, will begin actively co-selling its Enterprise Payroll Tax and Treasury solutions into the 330,000-customer Amazon Web Services (AWS) Marketplace starting in September.
The move represents a significant expansion of the addressable market for one of Asure’s fastest-growing businesses. Asure’s Enterprise Payroll Tax and Treasury solutions, which already account for nearly 20% of the Company’s revenues, will gain access to an extensive ecosystem of AWS enterprise customers and partners through AWS Marketplace.
For Asure, AWS Marketplace represents more than an additional procurement option. It creates a new distribution channel through which Asure can reach enterprises, payroll providers, payroll and HR platforms, and other organizations that need to manage the complexity, compliance requirements and financial flows associated with payroll tax and treasury operations.
“Actively co-selling our Enterprise Payroll Tax and Treasury solutions into 330,000 AWS Marketplace enterprise customers dramatically expands who we can efficiently reach and serve,” said Pat Goepel, Chairman and CEO of Asure. “Tax already represents nearly 20% of Asure’s revenue. By combining Asure’s deep enterprise tax and treasury expertise serving some of the world’s greatest brands with the reach and procurement advantages of AWS Marketplace, we create an important new avenue for immediate and long-term growth. The compelling part of this opportunity is combining our fast-growing tax business with a fundamentally larger distribution channel — taking capabilities we’ve spent years developing and giving a much broader set of enterprise customers a faster, more economical way to access our Tax and Treasury solutions. We believe that can meaningfully accelerate the growth of this business.”
AWS has proven its Marketplace is an important distribution channel for software providers. “At AWS, we are committed to helping software providers successfully create a new sales channel to sell their solutions to customers through the AWS Marketplace,” said Julia Chen, Vice President of Partner Core at AWS. AWS Marketplace programs are designed to help software providers launch and scale SaaS solutions while building go-to-market and co-sell motions with AWS.
AWS Marketplace provides organizations with a streamlined way to discover and procure third-party software and services using their existing AWS relationships and purchasing processes. For Asure, participation can reduce barriers between its Enterprise Payroll Tax and Treasury solutions and prospective enterprise customers while creating opportunities to engage with AWS’s global customer and partner ecosystem.
Asure is working with Labra.io, an AWS Premier Tier Services Partner and Cloud GTM platform provider, to accelerate its AWS Marketplace strategy. Labra’s technology helps software providers manage Marketplace listings, transactions, private offers and co-sell processes while reducing the engineering and operational resources required to build and maintain those capabilities internally.
“Cloud GTM shouldn’t feel complicated,” said Sridhar Adusumilli, Founder and CEO of Labra. “We built SmartGTM to give cloud sellers such as Asure an advantage they have never had before — real intelligence, real prioritization and real next steps that create the fastest path to predictable and scalable revenue.”
A Significant Expansion in Addressable Market
Asure’s Enterprise Payroll Tax and Treasury solutions address complex, mission-critical requirements faced by large employers, payroll service providers, payroll and HR platforms and other organizations responsible for processing payroll taxes and moving payroll-related funds at scale.
Making these solutions available through AWS Marketplace has the potential to materially expand Asure’s commercially addressable market in several ways:
- Expanded enterprise reach. AWS Marketplace gives Asure an additional channel to reach the 330,000 large and mid-sized businesses already purchasing technology through AWS.
- Lower procurement friction. Existing AWS customers can procure Asure’s solutions through established AWS Marketplace purchasing and contracting processes, including unused AWS spend.
- AWS co-sell partnership. Asure’s sales team co-sells alongside AWS sales teams, targeting buyers that fit Asure’s Ideal Customer Profile (ICP) using Labra’s propensity-to-buy engine.
- Faster time to revenue. Streamlined contracting and private offers through AWS Marketplace can shorten typically long enterprise software sales cycles.
The strategic opportunity is particularly significant because Enterprise Payroll Tax and Treasury is already a meaningful contributor to Asure’s business and serves more than a dozen of the world’s top brands as clients. Rather than creating a new product category from the ground up, AWS Marketplace gives Asure the opportunity to bring an established solution and existing domain expertise to a substantially broader, commercially reachable market.
About Asure Software
Asure (Nasdaq: ASUR) provides payroll and HR solutions for employers and enterprise payroll tax and treasury infrastructure for large organizations. For employers, Asure’s platform covers payroll, HR, recruiting, time and attendance, benefits, and compliance — delivered through AsureCentral, its connected platform, or through AsureWorks, its managed services offering for employers who prefer to outsource the work entirely. For large enterprises, Asure’s payroll tax and treasury infrastructure handles multi-jurisdiction tax filing, funding, and money movement, integrating with platforms including Workday, Oracle, and SAP. For more information, visit www.asuresoftware.com.
About AWS Marketplace
AWS Marketplace is a curated digital catalog that customers can use to find, buy, deploy, and manage third-party software, data and services to build solutions and run their businesses on AWS.
About Labra
Labra provides Cloud Go-To-Market technology that helps software companies build and scale their businesses through cloud marketplaces and co-sell ecosystems. Labra’s platform connects marketplace, co-sell and CRM workflows to help software providers streamline cloud transactions and accelerate revenue.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “will,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “seek,” or “continue” or the negative of such terms or other comparable terminology. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Actual events or results may differ materially. Factors that could cause actual results to differ materially from those in the forward-looking statements include those set forth in the Risk Factors sections and elsewhere in our Annual Report on Form 10-K and quarterly reports on Form 10-Q filed with the SEC. Asure Software undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.
Investor Relations Contact
Patrick McKillop
Vice President, Investor Relations
Asure Software
617-335-5058
[email protected]