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EDC staff seeks $34,000 in software subscriptions to centralize incentive tracking and business-recruitment tools
Summary
EDC staff presented a package of software licenses to automate incentive compliance, business retention and recruitment tracking, and real-estate listings. Staff estimated a $34,000 annual subscription cost with about $10,000 in subscription reductions from replaced services; procurement and implementation steps were approved to continue.
EDC staff presented a proposal to buy several software subscriptions intended to centralize incentive- and compliance-tracking, improve business recruitment and retention analytics, and provide a public-facing real-estate listing tool.
Clancy told the board the EDC currently lacks a centralized tool for incentive compliance tracking, business recruitment metrics and return-on-investment modeling. The proposal bundles several modules — incentive/compliance tracking, BRE (business retention and…
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