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New Thryv Workforce Center Manages Payroll for Small Businesses

1. Thryv launched Thryv Workforce Center™, alleviating small business payroll challenges. 2. 50% of small businesses spend over three hours monthly on payroll taxes.

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Why Bullish?

The launch of a new payroll solution could enhance Thryv's market position, potentially increasing revenue. Historically, innovative services have positively impacted stock performance within the SaaS sector.

How important is it?

The article showcases Thryv's innovation in a competitive market, which could attract investors. The payroll processing solution addresses a key pain point for small businesses, indicating growth potential.

Why Short Term?

Immediate adoption of the payroll solution may boost quarterly revenues, reflecting short-term gains. Continued customer acquisition will likely show effects soon.

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PAYCINTU
DALLAS--(BUSINESS WIRE)--Managing in-house payroll processing and tax compliance can be a time-consuming challenge for small businesses. According to the National Small Business Association's 2025 survey, 50 percent of small businesses spend more than three hours per month administering payroll taxes. To mitigate concerns around time and accuracy, Thryv® (NASDAQ: THRY), the leading small business marketing and sales platform, has launched Thryv Workforce Center™, a payroll solution designed for.

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