Lafayette, 94549, CA,
United States
Speedway Motorsports Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Speedway Motorsports and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 400 Speedway Motorsports employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Speedway Motorsports has purchased the following applications: AvidInvoice for AP Automation in 2023, AvidAnalytics for Analytics and BI in 2023, Zoom for Audio Video and Web Conferencing in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Speedway Motorsports is running and its propensity to invest more and deepen its relationship with AvidXchange , Aptean , Zoom Video Communications or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Speedway Motorsports revenues, which have grown to $100.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Speedway Motorsports intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| AvidXchange | Legacy | AvidInvoice | AP Automation | ERP Financial Management | n/a | 2023 | 2023 |
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ERP Financial | ERP Financial Management |
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2018 | 2019 |
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Payment Processing | ERP Financial Management |
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2023 | 2023 |
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Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| AvidXchange | Legacy | AvidAnalytics | Analytics and BI | Analytics and BI | n/a | 2023 | 2023 |
In 2023, Speedway Motorsports implemented AvidAnalytics as the embedded business intelligence component of its AvidXchange accounts payable automation suite. The deployment targeted company-wide visibility across Speedway Motorsports operations, supporting a shared services model that centralizes AP work for 11 motorsports facilities including Charlotte Motor Speedway, Bristol Motor Speedway and Texas Motor Speedway.
AvidAnalytics was deployed alongside AvidInvoice, AvidPay and AvidBuy to provide Analytics and BI capabilities such as pre-built dashboards, a reporting matrix, GL level line-item detail, PO balance identification and drill-downs to requestor detail. The AvidAnalytics implementation delivered enhanced reporting and self-service dashboards that directly support accounts payable and finance workflows, enabling detailed spend analysis and supplier consolidation activities.
The implementation integrated with Speedway Motorsports accounting system Traverse and with the AvidXchange payment and invoicing modules to create an end-to-end AP data flow. This integration enabled centralized invoice tracking, automated approval routing and anytime anywhere access to invoice status, expanding operational coverage across finance, procurement and supplier management functions.
Governance and process changes accompanied the technical rollout, shifting teams to a shared services operating model and centralizing access rights and approval workflows for company-wide reporting. AvidAnalytics was used to streamline month-end processes by identifying PO accruals and follow-up owners, allowing AP staff to reassign capacity to higher value tasks within finance.
The documented outcomes from the AvidAnalytics deployment include explicit operational and financial results, Speedway Motorsports reported annualized savings exceeding $300,000, a reduction of more than 200 AP work hours per month and a shortening of the month-end PO accrual process from a day and a half to a couple of hours. The solution also enabled company-wide spend analysis to identify suppliers for strategic partnerships and negotiated discounts, supporting procurement and finance decision making.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Zoom Video Communications | Legacy | Zoom | Audio Video and Web Conferencing | Collaboration | n/a | 2021 | 2021 |
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Audio Video and Web Conferencing | Collaboration |
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2022 | 2022 |
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Collaboration | Collaboration |
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2022 | 2022 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Digital Signing | Content Management |
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2022 | 2022 |
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Web Content Management | Content Management |
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2023 | 2023 |
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SCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Order Management | SCM |
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2023 | 2023 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Customer Experience | CRM |
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2023 | 2023 |
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Customer Support | CRM |
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2020 | 2020 |
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Data Management Platform | CRM |
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2023 | 2023 |
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Data Management Platform | CRM |
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2019 | 2019 |
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Data Management Platform | CRM |
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2023 | 2023 |
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Data Management Platform | CRM |
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2019 | 2019 |
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Digital Advertising Platform | CRM |
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2023 | 2023 |
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Digital Advertising Platform | CRM |
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2019 | 2019 |
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Marketing Automation | CRM |
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2019 | 2019 |
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Tag Management | CRM |
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2022 | 2022 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Application Hosting and Computing Services | IaaS |
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2018 | 2018 |
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Content Delivery Network | IaaS |
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2022 | 2022 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Identity and Access Management (IAM) | CyberSecurity |
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2021 | 2021 |
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Identity and Access Management (IAM) | CyberSecurity |
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2023 | 2023 |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2019 | 2019 |
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