Template revised April 12, 2018.
COMMISSION
AGENDA MEMORANDUM
Item No.
8f
ACTION ITEM
Date of Meeting
May 10, 2022
DATE: May 2, 2022
TO: Stephen P. Metruck, Executive Director
FROM: Krista Sadler, Technology Delivery Director
SUBJECT: Analytics Automation Software Contract Authorization
Contract Value:
$1,250,000
ACTION REQUESTED
Request Commission authorization for the Executive Director to execute a contract for Analytics
Automation Software (AAS) for a period not to exceed five years in an amount not to exceed
$1,250,000. There is no funding request associated with this authorization.
SUMMARY
Modern data analytics software allows a business to quickly integrate, organize, and analyze data
from a variety of sources to provide better insight for decision making, widen accessibility to data
and analytics, and more efficiently produce complex financial reports. The software will
automate repetitive and complex analytic processes and free Port financial analysts to focus on
higher value work.
Current Port software lacks the sophistication to support the complex analytics needed to
produce financial reporting for programs like the Environmental Remediation Liability (ERL)
forecast and the upcoming Port-wide Financial Reporting Data project. Port staff spend up to 75%
of their time manually prepping data in spreadsheets, reconciling different data sources, and
transforming into readable reports. Analytics automation delivered with the proposed, scalable
reporting platform will allow staff to focus on reporting efficiencies, compliance improvements,
and strategic opportunities.
A small capital project will be approved to implement the new analytics software, procured per
Port of Seattle policy. Recurring software license costs, estimated at $1,250,000 for a five-year
period, will be budgeted in Finance & Budget and Business Intelligence operating budgets.
There are no attachments to this memo.
