Brian Miller: Yes, I think the growth rate on payments is going to be above Tyler’s overall growth rate is going to be a positive contributor. And I expect that, in general, that will be accelerating from 2022 both from adding new customers through the cross sell motion, which we talked about, we’ve integrated our payments teams. We’ve really got the go to market strategy down and now we’re starting to execute on it. Whether it’s using the expanded capabilities around that NICs platform brought us to drive that business down into the local level, continuing to have a focus on penetrating more of our customer base with payments, either with our product form or partner platforms, driving more adoption into the customer base. And then the addition of rapid so giving us capabilities on the disbursement side.
And we’ve got some really interesting opportunities around that and think that’s going to be a nice growth driver. So I’d say we generally expect the payments business to grow faster than sort of Tyler’s top line revenues at least in 2023.
Lynn Moore: As we have our inside sales focusing on that existing customer base. When you look at areas like our enterprise side, whether it’s enterprise ERP we’re including payments in all new responses, all new deal responses, that doesn’t mean they’re out there getting an every new deal, but we are pushing payments in all of our new deals.
Operator: Your next question comes from the line of Joshua Reilly with Needham, Your line is now open.
Joshua Reilly: Thanks, guys for squeezing me in. I’ll just ask one question here since we’re running over time. The software development costs were only 2 million in the quarter, which is obviously below what we were expecting. Can you just discuss the impact of the accounting changes to this figure? And how guidance of 37 million for 2023 is the proper amount implying an increase given the accounting changes that we have here?
Brian Miller: Yes, the guidance for 2023 of $37 million in capitalized software development encompasses how we expect those projects to be accounted for. So that’s reflect, the impact of that change is reflected there as well as other capitalized development projects that are either starting or ramping up during the year. So that’s fully encompassed there. But the change in expensing versus capitalizing for the full year of 2022 had about a $9 million impact versus what our initial guidance for capitalized software and R&D was.
Joshua Reilly: And was that just reflected in that Q4 number, then the full $9 million impact? Or how was that only 2 million, I guess in the quarter?
Brian Miller: Well, it impacted the full year, but most of that impact was seen in the Q4 results. So that resulted in a much lower number in Q4 versus the rest of the year.
Operator: Your next question comes from the line of David with Wells Fargo. Your line is now open.
Unidentified Analyst: Thanks very much for squeezing me and I appreciate it. Just one for me. Brian, I heard your comments in the prepared remarks. You’re touching on growing implementations team or 2023 to meet backlog. Can you just talk about the labor market trends you’re seeing and where you stand currently in terms of hires? What we’re seeing in terms of wage inflation, etc? Thank you.
A €“ Brian Miller: Yes, there continues to be challenges in the labor market but it’s definitely mitigating from what we saw last year. Obviously, it’s been very common across multiple industries, but certainly in technology where you’re seeing layoffs, hiring freezes, and so there’s less pressure. I think, on us in terms of turnover which is moderating, and there’s less pressure than we saw last year on wage increases. So each of those are working in a positive manner for us.
