Asure Software Inc

Good afternoon, and welcome to Assure's third quarter 2025 earnings conference call. Joining us today's call are Chairman and CEO Pat Keppel, Chief Financial Officer John Pence, and Vice President of Investor Relations Patrick McKillop. Following their prepared remarks, there will be a question and answer session for the analysts and the investors. I would now like to turn the call over to Patrick McKillop for introductory remarks. Please go ahead, sir.

Thank you, operator. Good afternoon, everyone, and thank you for joining us for Assure's third quarter 2025 earnings results call. Following the close of the markets, we released our financial results. The earnings release is available on the SEC's website and our investor relations website at investor.assuresoftware.com, where you can also find the investor presentation. During our call today, we will reference non-GAAP financial measures, which we believe to be useful to investors and exclude the impact of certain items. A description and timing of these items along with a reconciliation of non-GAAP measures to their most comparable GAAP measures can be found in our earnings release. Today's call will also contain forward-looking statements that refer to future events and as such involve some risks. We use words such as expects, believes, and may to indicate forward-looking statements. And we encourage you to review our filings with the SEC for additional information on factors that could cause actual results to differ materially from our current expectations. I will hand the call over to Pat in a moment, but I just wanted to take a moment to remind people of our upcoming investor relations activities. During the month of November, we will be attending the following conferences. On November 18th, the Craig Hallam Alpha Select Conference in New York. On November 19th, the Roth Technology Conference in New York, and the Stevens Conference in Nashville. On November 20th, we will attend the Needham Technology Conference in New York. On December 16th, we will participate in the Northland World Conference, which is being held virtually. We also expect to schedule some additional non-deal roadshows. Investor outreach is very important to assure, and I would like to thank all of those that assist us in our efforts to connect with investors. Finally, I would like to remind everyone that this call is being recorded. and it will be made available for replay via a link available on the Arrest Your Relations section of our website. With that, I would now like to turn the call over to Pat Geffel, Chairman and CEO. Pat?

Thank you, Patrick, and welcome, everyone, to Assure Software's third quarter 2025 earnings results call. I am joined on this call by our CFO, John Petz, and we will provide a business update for our third quarter 2025 results, as well as our outlook for the remainder of 2025, plus our initial guidance for 2026. Following our remarks, we'll be available to answer your questions. We're pleased to report that our third quarter revenues were very strong, coming in at $36.3 million. 24% increase versus the prior year third quarter. Our revenues reflect what we believe is an inflection point of increasing growth, which was broadly based across all our product lines, such as payroll, benefits, recruiting, time and attendance, as well as our payroll tax management business. Organic growth in the third quarter improved sequentially from the second quarter, and we're forecasting continued improvement in the future. Our performance this quarter is reflective of what we believe is strong demand for human capital management products from business owners of all sizes. Our recent acquisition of Latham Time is also performing well, and our team is continuing to work on achieving revenue and cost synergies going forward, which we believe can be obtained over the next 12 months. As a reminder, we believe the addition of Latham will further increase cross-selling opportunities for us and quicken the pace of which we can get new payroll clients started. As we have discussed during the past Earnings Calls, We have made investments in order to improve our technology as well as integrate the different point solutions we have acquired over the past few years. Today, we are excited to announce that we recently launched a new client interface, which we call Assure Central. Assure Central will offer clients a new experience with a brand new look and feel and improve their workflow as well as enable us to amplify items such as event-driven marketing efforts. We believe that this new client experience will also further accelerate the rate at which we can drive our cross-selling or attach rates with more than our 100,000 clients going forward. Our team has just started this rollout in the past week with our direct clients, and we plan to introduce it to our indirect clients soon. Our bookings for the third quarter declined by 41%. versus a year ago due to large enterprise deals, which were booked in the third quarter of 2024. Excluding those deals, from the comparison, our bookings were up 21%. Now, I would like to hand it off to John to discuss our financial results in more detail, as well as our guidance. John?