AP NEWS

HRnext Holdings and Asure Complete Purchase of HR Source Code

June 14, 2018

PHOENIX--(BUSINESS WIRE)--Jun 14, 2018--HRnext Holdings, LLC, the developer and owner of HRnext, a complete integrated Human Capital Management (HCM) software system for small to mid-size companies and payroll service providers, announced Asure Software, a provider of HCM and workforce management tools, completed the purchase of HRnext’s integrated HR source code. The relationship began when HRnext Holdings partnered with iSystems/Evolution Software in May 2017 towards developing a fully-integrated platform for Evolution Payroll clients. Following Asure’s acquisition of iSystems, and Asure’s continued commitment to the project, HRnext successfully launched the software in October 2017. With demand steadily increasing in early 2018, Asure exercised its right to purchase the code from HRnext Holdings.

“Working with Asure has allowed HRnext to showcase the viability of our cross platform HR solution and help us reach the 40,000 active employee milestone a little faster than we anticipated, of which our team is very proud,” explained Shawn Krivjansky, managing member of HRnext Holdings. “Asure also provided insight and partnership on features and design ideas, which we have been able to leverage for both our current and future target customers. Since the agreement was solidified in April, we have been able to take our software to the next level, and are very excited about future partnerships with national payroll software companies and our direct work with small to mid-size businesses.”

About HRnext

HRnext, a product of HRnext Holdings, LLC is a complete Human Capital Management system designed for small to mid-size organizations. Based in Phoenix Arizona, HRnext is designed in collaboration with HR software developers and national payroll service providers to offer small to mid-sized companies a fully integrated platform associated with larger enterprises at a more cost-effective and easy-to-implement manner. To learn more about HRnext, please visit HRnext.com.

About Asure Software

Asure Software (NASDAQ: ASUR ), headquartered in Austin, Texas, offers intuitive and innovative solutions designed to help organizations of all sizes and complexities build companies of the future. Our cloud platforms enable more than 100,000 clients direct and indirect, worldwide to better manage their people and space in a mobile, digital, multi-generational, and global workplace. Asure Software’s offerings include a fully-integrated HCM platform, flexible benefits and compliance administration, HR consulting, and time and labor management as well as a full suite of workspace management solutions for conference room scheduling, desk sharing programs, and real estate optimization.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180614005293/en/

CONTACT: Connections Marketing & Communications for HRnext Holdings, LLC

Patty Johnson, 602-402-2965

pattyjohnson@connections-marcom.com

KEYWORD: UNITED STATES NORTH AMERICA ARIZONA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE SMALL BUSINESS PROFESSIONAL SERVICES HUMAN RESOURCES

SOURCE: HRnext Holdings, LLC

Copyright Business Wire 2018.

PUB: 06/14/2018 10:00 AM/DISC: 06/14/2018 10:03 AM

http://www.businesswire.com/news/home/20180614005293/en

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