Tracker Series

72% of Consumers Plan to Shop With Small Businesses This Holiday Season
72% of Consumers Plan to Shop With Small Businesses This Holiday Season
December 21, 2023  |  Digital Payments

Surpassing all expectations, consumers turned up in record numbers for this year’s Black Friday weekend, the traditional kickoff to the holiday shopping season in the...

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Late Payments Inflate Construction Bids by $273 Billion
Late Payments Inflate Construction Bids by $273 Billion
December 15, 2023  |  Money Mobility

Late payments and transaction errors run rampant in the construction industry. The sector’s days sales outstanding (DSO) — a measurement of how long a company...

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77% of Retailers Rank Generative AI as the Most Impactful Emerging Technology
77% of Retailers Rank Generative AI as the Most Impactful Emerging Technology
December 07, 2023  |  Artificial Intelligence

The rise of large language models (LLMs) such as ChatGPT has thrust generative artificial intelligence (AI) into the driver’s seat of retail technologies, prompting brands...

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Late Payments Plague 100% of Construction Companies
Late Payments Plague 100% of Construction Companies
December 06, 2023  |  Accounts Receivable

Late business-to-business (B2B) payments are the bane of any accounts receivable (AR) department. The headaches caused by late B2B payments affect more than just the...

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Companies With AI-Driven Strategies Outcompete Peers, Study Finds
Companies With AI-Driven Strategies Outcompete Peers, Study Finds
November 28, 2023  |  Artificial Intelligence

The payments industry has been a latecomer to the financial technology revolution. Many companies still use legacy accounts receivable (AR) processes marked by an overwhelming...

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55% of Trucking Companies Emphasize AP Innovation as a Crucial Goal
55% of Trucking Companies Emphasize AP Innovation as a Crucial Goal
November 22, 2023  |  Money Mobility

The trucking industry represents a vital component of the national economy, transporting more than 72% of the nation’s freight by weight. Sustaining this extensive transportation...

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November BNPL Spending Set to Soar to Record $9.3 Billion
November BNPL Spending Set to Soar to Record $9.3 Billion
November 22, 2023  |  BNPL

Buy now, pay later (BNPL) continues to grow in the payment space, and its impact on consumer finances is even more important. Not only are...

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Use of AI in the Legal Industry Faces Challenges
Use of AI in the Legal Industry Faces Challenges
November 14, 2023  |  Artificial Intelligence

The legal industry’s widespread adoption of generative artificial intelligence (AI) will necessarily involve recalibrating workforce roles and skills and reckoning with varying degrees of readiness...

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72% of Lawyers Doubt the Industry Is Ready for Generative AI
72% of Lawyers Doubt the Industry Is Ready for Generative AI
November 10, 2023  |  Artificial Intelligence

At its core, legal work demands meticulous attention to detail, extensive research and nuanced argumentation — intellectually rigorous and time-consuming tasks. The complexity of legal...

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