A Week in the Sharing Economy

Parking MarketplaceBy Vivek Mehra August 11, 2016

Cloud and mobile computing technology are creating something new called: “the sharing economy.” Innovative companies are acting as brokers between everyday people, in order to facilitate platforms where they can do business and help each other out. These cloud platforms give regular people the opportunity to make money, while also offering solutions for peoples’ everyday…

3 Tips for a Better Commuting Adventure Around Chicago

Smart Parking SolutionsBy Vivek Mehra August 4, 2016

With around 10 million residents in the Chicago Metro area and 50.2 million international and domestic visitors in a given year (2014), according to Wikipedia, commuting around the Windy City is a daily adventure. Hopefully, with the right strategy, tools, and plan, commuters will get to their destination in one piece and not be late.…

Top 10 Upcoming Chicago Events July 2016

Smart Parking SolutionsBy Vivek Mehra June 30, 2016

Chicago is a beautiful city that offers many exciting events to its residents. Naturally, the hot months of summer are the best ones to catch some of the best events in the city. However, there are so many events taking place, it is easy to miss some of the best ones. To help you with…

Meet the 5 Startups Crowned Finalists of Chicago’s Techweek Launch Competition

Smart Parking SolutionsBy PJ Filipowicz June 27, 2016

Techweek Chicago, the annual tech mega-event that takes place every summer, wrapped-up Friday afternoon with its regional Launch competition. Out of 60 Chicago and national startups who were selected to present their companies at Thursday’s Launch expo, 5 companies were selected as finalists to participate in a tech showdown for the ages. A representative from each…

Self-Driving Cars: What You Need to Know

Smart Parking SolutionsBy Vivek Mehra June 23, 2016

Believe it or not, self-driving cars may not only be the wave of the future, they may become very prominent in our society very soon. You may or may not have heard about this movement. For some reason, it hasn’t received very much publicity, but there are a number of companies working on the concept. You may…

Don’t Let These 3 Common Summer Transportation Problems Ruin Your Fun in the Sun

Smart Parking SolutionsBy Vivek Mehra May 19, 2016

Summer is right around the corner, and this is usually exciting for most people. But after that initial jolt, the reality sets in. Nothing is for free, and with all the joy that summer brings, it also has its costs. Certain issues such as childcare, getting that beach bod ready, and dealing with the oppressive…

How ParqEx Uses the Collaborative Economy to Get You What You Need

Smart Parking SolutionsBy Vivek Mehra May 12, 2016

Unless you work in the world of technology, you probably haven’t heard these terms before, but they are doing more for you than you realize. If you do business with companies like Uber, Lyft, AirBnB, Kickstarter, or, of course, ParqEx, then you’ve been working with these concepts for a long time. You don’t necessarily need…

The On-Demand Marketplace Revolution

Parking MarketplaceBy Claudia Bechthold May 3, 2016

The on-demand marketplace is growing exponentially and is now a serious business. Companies around the country and around the world are disrupting traditional business models. Also known as the “sharing economy”, companies are using peer-to-peer models to instantly provide services using people’s spare resources. Whether those resources are a spare room, a spare moment to work…

5 Important Things to Consider When Planning a Road Trip

Smart Parking SolutionsBy Claudia Bechthold March 24, 2016

The road trip is a phenomenon seemingly as old as the automobile itself. Way back when, a road trip was simply to the next town over. These days it is possible to travel across an entire country. While a road trip with your buddies or significant other may differ in purpose and content from a family road trip,…

ParqEx Advances In Hyatt / Fast Company Pitch Competition

Smart Parking SolutionsBy PJ Filipowicz November 13, 2015

Help us win $10k to solve urban parking by voting for ParqEx! See all the finalists and vote at www.fastcompany.com/elevatorpitch on Monday, November 16. Last week, our COO Matt Schaefer delivered the elevator pitch of a lifetime. In partnership with WeWork (our favorite coworking space!) Hyatt and Fast Company recently hosted a Pitch It To Win It contest. Forty startups were…


PLANS	PERSONAL Self-managed using the ParqEx platform Get Started	BUSINESS Self managed with some help from ParqEx customer support SIGN UP	ENTERPRISE Manage with help from ParqEx Account Manager & customer support SIGN UP	CONCIERGE Dedicated ParqEx Account Manager will help you setup and manage your account with priority customer support SIGN UP	CUSTOM A custom-solution tailored to your property requirements. Dedicated ParqEx Account Manager will work with you to come up with the perfect solution REQUEST DEMO
Spots	1	4	20	100	90
Users	1	10	50	300	500
Contract & Invoicing	-	1 yr	2 yr	2 yr	-
One-Time Setup Fee Per Access+ device (controls 3 access points)		$ 250.00	$ 750.00	$ 1,000.00	-
Public Marketplace Commission	20%	20%	20%	20%	20%
Internal Marketplace Commission	4.5%	4.5%	4.5%	4.5%	4.5%
Onboarding & Training # of hours included per contract term	-	1	3	5	5
Trial (Pilot)	NA	1 month	1 month	1 month	NA
Seats included # of users that can access the (shared) account	1	1	3	5	5
iPhone, Android & Desktop app
Customer support Email, phone and chat support
ParqEx Account Manager
Notifications
Email alerts
SMS alerts

MARKETPLACE
Manage property, spot & listings
Advanced Settings
Blackouts
Surge pricing
Dynamic pricing
Extended stay configuration & pricing
Lead time
Parking spot sorting & selection Advanced logic to manage the order in which spots get displayed, selected & booked.
Rules
# of bookings per renter per month
# of simultaneous transctions permitted for a user
# of hours a renter can book per month
Payment Processing
PayOnExit Access+ Required
Marketing
Featured Listings
Demand priority planning
Mailchimp Integration
Personalized Campaigns
Monthly Automated Campaigns
Bulk Message Execution
Promotions
Email Marketing
Digital Marketing
Social Media Coverage
Promo materials Custom designed signage: promo cards, flyers, etc. Design only, does not include the cost to print.
Ratings & review management
Competetive Pricing analysis				Annual

INTERNAL TENANT MANAGEMENT
Public versus Private property
Internal tenant management features (Add, remove tenants, assignment& reassignment of spots, ban users from a property.)
Advanced permission management capability (Assign tenants to specific units and parking spots. Allow tenants to rent, list. Manage renting and listing permissions. Allow tenants to control pricing or availability or both for their spot listings at a property.)
Parking spot sorting (Advanced logic to manage the order in which spots get booked)
Rules
# of bookings per renter per month
# of simultaneous transactions permitted per user
# of hours a renter can book per month
Custom Tiered Pricing (For internal, external/public, or special considerations)
Importing And Cleaning Up Your Database		Annual	Quarterly	Monthly
Categorize users by company or custom tags
Access management (Short term, i.e. temp staff, renters, guests/visitors etc.) Access+ Required
Activity monitoring & reporting
Track spot, renters by their unit numbers

ACCESS+
Manage Access Access+ Required
Short term (employees / staff, long term tenants, monthly renters etc.)
Long term (employees / staff, long term tenants, monthly renters etc.)
Advanced Permissions Access+ Required
Manage permissions by spot
Manage permissions by user
Access Log dashboard & reporting Access+ Required
Role based security			available
Property Access Logs Management module			available
Property Access Log for enforcement module			available
Notifications
Request for access notifications			available
Notifications when property is accessed			available

GUESTPARQ
Guest / visitor parking functionality		available
Guest Parking Management			available
Notifications
Advanced reporting (Tenant usage, parking usage, availability, asset utilization and more)			available	available

ENFORCER
Enforce by property			available	available
Do not tow list management			available	available
Violations			available	available
Custom violation types & fees			available	available
Integration with ticketing/towing partners			available	available
Coordination with enforcement partner			available	available
Role based permissions (Enforecement agent, manager and admin)			available	available
Notifications			available	available
Automated Daily enforcement data report for a property via email			available	available

ACCOUNTING & FINANCE
Payout options (ACH, QuickPay, Check, Paypal)
Monthly statement
Detailed monthly statements for tax & reporting purposes			available	available

ADMIN MODULES
Customer Search
Guest Parking Management (Role-based)
Email Logs
Account setup and Management
Access+ Logs (read-only)
Access+ Advanced Logs for Field OPS & Admin
Role based permissions
Read-Only
Manager
Owner
Notifications
Schedule real time, daily, weekly or monthly reports

ONBOARDING & TRAINING
User guides
Knowledge base & FAQ
Videos
In-person training for staff
In-person training & onboarding of tenants/renters
Custom branded training material Property specific: user guides, videos, landing pages, email campaings, KB & FAQs			available	available

ADVANCED CUSTOMER SUPPORT
Developing And Maintaining Your Communication Strategy to tenants/residents
Monitoring listing quality
Managing requests Waiting lists and converting them into renters when parking becomes available

OPERATIONS SUPPORT
Site surveys
Access+ - hardware maintenance Access+ Required	Annual	Annual	Annual	Quarterly	Quarterly
Network check Access+ Required	Annual	Annual	Annual	Quarterly	Quarterly
Signage check Access+ Required				Annual	Annual
	Get Started	SIGN UP	SIGN UP	SIGN UP	REQUEST DEMO

Tag Archives: chicago startup