Logically, when you are in a soft environment, the first thing you do is cutting travel expenses, cutting contingent workforce. So that business has been very difficult.

Oct 18, 2023 / CFO / receipt, needs a key / Dominique Azam, CFO | earnings call 2023-10-18 | transcript c2b9968a-989e-431d-8ae9-ac2180e13ed2 | chars 21796-21965 | segment 22

So I think on the transactional side, you know what types of businesses are in there. It's the kind of travel expense conquer tool, external workforce, contingent labor, field class, business network transactions. And where we really took a little bit of a hit was on the field class contingent workforce side. There indeed, the macro with low flows and reduced levels of contingent workforce was actually slightly shrinking. So that was a little bit of a headwind, which was not expected to that degree.

Jul 20, 2023 / CFO / receipt, needs a key / Dominique Azam, CFO | earnings call 2023-07-20 | transcript cc4c4b9d-ba48-4317-9593-1cfa2e3e874a | chars 18393-18897 | segment 19