How to Modernize Your Parking Operations with LPR
With so many vehicles on the road, efficient parking operations are essential for property owners, property managers, HOA communities, business owners, architects, builders and developers, city officials, and individuals. Unfortunately, not all parking facilities have the necessary technology to streamline operations, leading to increased road congestion and a common misbelief of insufficient parking to fit all car owners’ needs. But what if we were to tell you that ParqEx’s license plate recognition system reduces bottleneck traffic congestion, provides avenues to earn more revenue, increases property security, simplifies property management, and addresses the “lack of parking” concern? Keep reading to learn how to modernize your parking operations with LPR.
Refresher: What is LPR
LPR stands for license plate recognition technology. Regarding parking, LPR reads and verifies every license plate before admitting the drivers onto the property. As you can deduce, with LPR cameras on parking facilities, only authorized vehicles can access the property. LPR does not stop at being a simple vehicle identification tool; ParqEx’s Access + LPR system has evolved into a comprehensive system that enhances parking and security for all types of users.
Reduce bottleneck congestion to & from your property with LPR.
ParqEx’s LPR parking technology at your property speeds up your parking operations and even helps reduce vehicle emissions.
- Reduced Wait Time
License plate recognition technologies have dramatically increased the efficiency of every parking facility using the system. Instead of drivers having to interact with parking employees or kiosks, LPR scans, validates, and admits approved users onto the property. Moreover, with LPR, drivers no longer have to wait in long lines upon entrance and exit and do not need to pay at kiosks or pay stations. All transactions happen via customers’ smartphones. By eliminating kiosks and parking personnel at the entry and exit of the parking facility, LPR allows you to modernize your parking operations drastically.
- Contactless Entry & Exit
People are always in a mad rush to get from A to B. With contactless entry and exit, LPR allows customers to get to where they want conveniently and faster. Furthermore, LPR’s seamless entry and exit reduce traffic congestion in your parking facilities and the blocks surrounding your property. So property owners, drivers, and cities all mutually benefit from LPR’s easy in-and-out experience.
- Reduced Vehicle Pollution
The parking process can be sped up thanks to LPR technology, resulting in less traffic congestion and less idle time during which cars still emit pollution. Because of this, there will be less vehicle pollution in the environment and your parking facility. As property owners and managers know, vehicle pollution affects the property’s ventilation, which can get expensive to clean up and fix. Avoid the mess with LPR!
Earn more revenue and simultaneously cut costs with LPR.
As every business owner will admit, earning more revenue while cutting costs sounds like a dream. That dream can become your reality with ParqEx’s LPR parking technology.
- Increased Use of LPR Parking Facilities
Because LPR speeds up the process of coming and going from a parking facility, other drivers can also use your parking. This means your property will have more parking transactions throughout the day. Moreover, ParqEx’s LPR system focuses on optimizing parking utilization to earn the property the most revenue possible. Modernize your parking operations with LPR and allow your property to operate at a greater capacity with higher revenue-earning potential!
- Satisfied & Repeat Customers
Without a doubt, we live in an age where we expect immediate gratification. Now, parking facilities can fit those expectations with LPR. As customers can come and go seamlessly from the property using license plate recognition technology with in-app payment options, the parking experience is simplified, resulting in happier customers. So, would you ever look elsewhere if you had a reliable parking facility near you? No, we would not either. And that is a trend that properties with LPR notice. These properties experience increased revenue from repeat customers and various referrals spread via word of mouth.
- Eliminates Tickets & Ticket Swapping
As drivers are admitted to the property based on their verified license plates, physical tickets, parking passes, fobs, and clickers are no longer necessary. So, not only does LPR technology save time for property management and drivers, but it also cuts unnecessary expensive costs for management and ownership. Moreover, with no physical parking passes, the potential for ticket swapping is wholly eliminated. As any parking property manager knows, ticket swapping is highly costly and complex. Eliminating tickets and ticket swapping is another avenue to modernize your parking operations with LPR, cut costs, and earn more revenue.
Increase your property value and security with LPR.
Property security is always paramount, as it should be. With ParqEx’s LPR technology on-site, the property value and security are immediately augmented.
- Increased Property Security
LPR cameras only allow authorized vehicles to enter the property (virtually eliminating the headache of unauthorized cars), increasing security. Moreover, these cameras collect all data 24/7, record every entry and exit of each vehicle (providing reliable documentation if ever a security incident were to arise), and unquestionably serve as a crime deterrent. As ParqEx’s Access + LPR can integrate into other security systems, immediate action can be taken if needed.
- Simplified Enforcement
LPR overtly simplifies the parking facility’s enforcement process. Enforcement officers no longer have to patrol continuously, looking for vehicles infringing on parking rules and regulations. ParqEx’s LPR solution and the Enforcer App focus strongly on real-time notifications and complete transparency. That being said, features like unauthorized vehicle attempt alerts, tracking of vehicles on the property, and mobile LPR keep property management and enforcement officers constantly informed about who is on their property and the overall security of the parking facility. To take it one step further, ParqEx understands the need for human oversight, so our team continually performs quality checks to ensure high reliability for our technology.
- Peace Of Mind
Some of people’s most expensive and prized possessions are their vehicles. Providing a parking facility for tenants, residents, employees, guests, and approved transient renters that prioritizes property security grants all people leaving their cars on your property peace of mind. Prioritizing property security with LPR will increase your property’s value. So modernize your parking operations with LPR and provide an impressive value-adding feature to your property.
Simplify your management efforts with LPR.
With ParqEx’s secure, always-on technology, LPR helps property owners and management simplify their day-to-day parking operations.
- Streamlined Management
The overall management of your parking facility can be simplified with ParqEx’s license plate recognition technology. The ParqEx property management admin platform allows authorized management team members to control the parking facility through various administrative tools on their desktops or smartphones. With cross-platform convenience, every authorized member of the team can gain access to all information about any vehicle coming and going from the property; they can add or remove authorized vehicles, manage guest parking, change parking prices, set up new rules and regulations, manage the efficient fee collection process, and gain control of the behind-the-scenes property management access + controller feature. So do not just streamline your management efforts; strengthen them with ParqEx’s LPR technology.
- Convenient In-App Payment
Customers do not have to pay at a pay station or kiosk; all payments are made using the ParqEx app. This is convenient for tenants, residents, guests, and transient renters (and property management and ownership as they can take advantage of another cost-cutting avenue). All monthly, short-term, and guest parking payments are immediately processed via the app. Not only does this benefit drivers, but it helps simplify management efforts. Now, with efficient parking fee collection capabilities built within ParqEx’s smart parking system, everything is in one place, and payment is guaranteed.
- Automatic Entry & Exit
With automatic entry and exit for authorized users, management efforts are simplified. Now, property management no longer needs to concern themselves with parking employees or kiosks and most certainly does not need to be concerned with managing fobs, clickers, parking passes, etc. Remember that fobs and clickers are overtly expensive, let alone replacing all the lost fobs. LPR cuts these costs, eliminates additional problems, modernizes parking operations, and simplifies property management efforts.
Let’s address the “lack of parking” concern!
We have heard repeatedly that there needs to be more parking spaces for the number of vehicles on the road. Let us continue in our efforts to debunk this myth! There are enough existing parking spots, but many sit behind parking gates, garages, or private communities. With ParqEx’s license plate recognition technology, many ParqEx clients have opened their gates and garage doors to transient renters seeking parking. Because of LPRs’ ability to earn revenue, simplify management, and reduce bottleneck traffic, all while increasing property security and value, property owners and managers are keen on sharing unused parking with people needing monthly or short-term spaces, especially since this is an additional source of revenue. If this sounds like something your property can benefit from, contact ParqEx
As can be seen, property managers, owners, enforcement agencies, real estate developers seeking to add value to their project, parkers, HOAs trying to improve their property security, architects designing ways to increase functionality and appeal, and city officials trying to accommodate to their cities’ growing need for parking can all benefit from ParqEx’s Access + LPR. ParqEx continues innovating and building new features into the LPR tech to fit all user groups’ needs. As we have addressed how to modernize your parking operations with LPR, we encourage you to book a demo with our ParqEx team and start the discussion.
