How To Reclaim Control Of Your Parking Access & Revenue
Somewhere along the way, we have accepted that parking is a mess. It is a mess for people trying to find parking, a headache for officers trying to enforce parking, a nightmare for property owners and management trying to manage a parking facility, and a disaster for city officials trying to handle all parking needs in their city. But we are here to remind everyone that we do not need to lose hope over parking! For property ownership & management, read this quick how-to blog on how to reclaim control of your parking access & revenue!
The problem with Parking Access & Revenue
The core issue surrounding parking is that everyone needs it. Cities especially face the dilemma of a seeming “shortage” in supply compared to the demand for parking. With everyone constantly seeking parking, this is a significant explanation for why property owners and property managers with parking facilities attached to their residential or commercial properties are looking for ways to reclaim control of the access to their parking spaces. When more people need parking, there will always be an increase in unauthorized parking, and property owners and managers rightfully see that as a security risk, a loss of revenue, and an overall annoyance. Additionally, when parking spots are as much of an asset as they have become over the years, they want to ensure their property makes the most income possible from these available spots.
With all this in mind, property owners and management companies often seek resources to simplify parking management. Parking technology companies like ParqEx specialize in an end-to-end parking management solution with smart parking technologies. Moreover, ParqEx has the answer on how to reclaim control of your parking access & revenue!
The solution for Parking Access & Revenue
ParqEx’s parking access & revenue control solutions (PARCS) are hardware and software systems designed specifically with revenue collection and access control in mind. Are you still wondering how to reclaim control of your parking access & revenue? Let’s explore six advantages that ParqEx’s PARCS provides!
1) Entry/Exit & Pay Stations
One of the main advantages of any ParqEx line of access control is it facilitates the entire parking operation on-site. With the ParqEx Access+ (Access Control) technology to control gates, garage doors, or any electronic access point, only authorized personnel, tenants, residents, and guests can access the parking facility with ParqEx’s Access + app. With an auto entry & exit system in place via Access + or Access + Premium with LPR technology, no parking employee or property management staff member needs to be in the parking facility during operating hours, which is a great avenue to cut costs. Similarly, property management can cut costs with pay stations, kiosks, and in-app payment options.
2) Intelligent Access for the Modern World
One of the most impactful advantages of PARCS is its revenue generation potential. With improved parking efficiency with Access + or Access + Premium, there is a drastic decrease in wait time (compared to parking facilities that still have tickets), a great avenue to cut costs, and a great potential to increase the revenue the parking facility is generating. With Access + or Access + Premium LPR, property management can open their parking facility to transient renters seeking parking with the utmost peace of mind. As our access control technology operates on a reservation-based system (made via our parking app), only authorized vehicles can enter and exit the property. As there never seems to be enough parking, opening up private parking spaces to the public is an excellent answer to the parking dilemma & a great way to increase parking revenue for all property owners and managers.
3) License Plate Recognition
Our Access + Premium LPR solution is a state-of-the-art license plate recognition system. It facilitates all parking operations, opens parking garages and gates for transient renters with parking reservations, is a superb crime deterrent, and is a great eco-friendly solution. Environmental solutions are a must in the parking and auto industry, and this is a vital step for parking facility owners and managers. With lessened wait times at entry and exit (especially with our speedy LPR cameras reading plates immediately), there is less congestion, resulting in fewer vehicle emissions from idle cars. Not only does this benefit the environment, but it also benefits the parking facility and reduces future cleaning costs needed to maintain the building.
4) Total Control, Total Insight
As PARCS is state-of-the-art, so are our detailed reporting, analytics, and real-time dashboards. Our reporting & analytics dashboards grant property ownership and management complete control over the property and detailed daily reports. Revenue forecasts and parking utilization forecasts are instantaneously made available. Management can monitor all sales, reservations, and the complete list of approved drivers on their property and take enforcement actions. Property managers can see how many vehicles are on the property, the full breakdown of the types of parkers (daily, hourly, weekly, or monthly), and get a deeper analysis of spot utilization, a comprehensive understanding of when the parking facility is most used via our heat maps, and a sales and marketing funnel report comparing the number of people searching for parking to the number who booked at the property.
These are just a few things our reporting dashboard can provide to management. Learn more about PARCS reporting and how it can help you reclaim control of your parking access & revenue!
5) Simple Real-Time Parking Enforcement
Security of any property is always of the utmost importance. ParqEx’s PARCS Enforcer software focuses heavily on enforcing all parking facilities. ParqEx’s Enforcer technology for parking enforcement monitors all vehicles on the property. If an unverified parker is within the PARCS system, the enforcer software will take immediate action and instantly issue violations and citations within the app. With all violations handled within the app, old-fashioned parking tags, passes, and tickets are eliminated, resulting in a cost-saving opportunity for property owners.
Furthermore, gone are the days of having unpaid parking fines! Our PARCS provides a revenue collection system in which parking violations, amongst other parking fees, are collected within the app.
6) Parking Tech for Parking Patrons
PARCS resolves the “shortage” of parking in many ways. As our access control systems, Access + & LPR, are reservation-based (or pre-authorized internal tenant-based systems), only authorized vehicles can access parking properties. Through ParqEx’s Marketplace parking app technology, transient renters can make a reservation at these parking facilities (approval entirely dependent on property management), and tenants or residents can make guest parking reservations similarly. With the ease of access control technologies, in-app payment options, and coherent parking rules, enhanced customer experience is inevitable. In today’s day and age of parking, a simplified and safe parking experience is all people want, inevitably leading to repeat customers and more property revenue.
Parking does not need to be a mess. And there is enough pre-existing parking out there for everyone seeking parking spots. The trick is residential and commercial properties need to feel comfortable and in control enough to allow transient people searching for parking to park on their properties. With PARCS, management and owners gain peace of mind as they fully control their property while earning more parking revenue. Moreover, PARCS enables people desperately looking for parking to access private parking facilities. For you lot out there wondering how to reclaim control of your parking access & revenue, this detailed explanation should have provided you with six ways to increase parking efficiency with PARCS.
Book a demo with us & we will gladly explain how our PARCS software and hardware will work for your property.
Good question! PARCS stands for Parking Access Revenue Control Systems.
ParqEx Parking Access and Revenue Control Systems (PARCS) are integrated parking hardware & software systems developed for revenue collection, access control, and real-time property parking management. ParqEx’s line of PARCS is available in all degrees of functionality and flexibility and can be customized to any parking situation required by parking and property owners at their property.
As PARCS is composed of both parking hardware and software developed by ParqEx, no matter the situation or property, ParqEx’s varying lines of parking technology can address any parking situation that is causing owners and management grief.
ParqEx’s PARCS consists of all our AI-enabled parking technologies, starting with our Marketplace, where users can rent and list parking via our parking app, our GuestParq platform for all guest parking needs, our three lines of access control—Access +, Access Control Premium LPR (License Plate Recognition), Access + Touchless, and our Enforcer app (our enforcement solution). Add our state-of-the-art reporting & analytics mixed with our AI-powered predictive and dynamic pricing; ParqEx’s PARCS is all-encompassing for all parking needs.
