PrismHR is a leading technology company that provides comprehensive software and services to Human Resource Outsourcing (HRO) firms, including Professional Employer Organizations (PEOs) and Administrative Service Organizations (ASOs). Founded in 1985 and formerly known as F.W. Davison & Company, the company has established itself as a critical partner for service providers that manage HR functions for small and medium-sized businesses (SMBs) across the United States. The company's platform is designed to empower these HROs to deliver world-class payroll processing, benefits administration, talent management, compliance, and client onboarding services. By offering a robust and scalable technology solution, PrismHR enables its partners to enhance operational efficiency, improve client service, and foster business growth. The platform powers more than 80,000 organizations and supports over 2 million worksite employees, processing over $80 billion in payroll annually.
PrismHR's core mission is to fuel the growth of SMBs by leveling the playing field with larger enterprises through access to sophisticated HR technology and high-quality benefits. The company's integrated, cloud-based platform centralizes a wide array of HR functions, from hiring and onboarding to performance management and reporting. This unified approach eliminates the need for disparate systems, reduces manual data entry, and minimizes the risk of errors. In addition to its core software, PrismHR offers the PrismHR Marketplace, a curated suite of pre-integrated HR applications and services from trusted third-party providers. This ecosystem extends the platform's capabilities, offering tools for financial wellness, identity protection, voluntary insurance, and more. As a Vensure Employer Solutions company, PrismHR continues to innovate and expand its offerings, maintaining a strong focus on customer-centricity, security, and compliance to meet the evolving needs of the HR industry.