The Benefits of a Turnkey Parking Solution
Posted: Dec, 21, 2020 12:38PM ET • 2 min read
The parking industry consists of many reputable organizations that offer solutions in specific areas of parking. For example, they may supply parking equipment, provide parking operation services, or support services such as facility maintenance.
But there are major benefits to partnering with a full-service parking provider. Drawing on in-house resources, they deliver expertise in all areas of parking, such as parking management services, equipment, technology innovations, parking revenue financial services, parking lot construction, and facility maintenance.
An organization that can deliver full-service parking solutions has a deep and dynamic understanding of parking operation intricacies and the operational impact each element has on the overall performance.
Organizations that have partnered with turnkey parking solutions providers see substantial results in their overall parking operations, and are 76% more likely to exceed their bottom lines.
The benefits parking facility managers see from procuring a turnkey parking provider are plenty. For example, the convenience of having one contact and one source for all parking needs and inquiries makes the day-to-day of overseeing their parking program easier. There’s also the fact that the parking provider does not rely on third parties, which allows them to ensure the focus is always on parking logistics and your customers, provide competitive and fair pricing, high-quality control measures, and quick turnaround time.
So, what does a turnkey solution for parking consist of? Below are all of the products and services you'll find in a full-service parking solution:
Parking management services: Services may include live central monitoring, on-site and/or remote customer service, ambassadors, valet, signage, client relations, marketing, and parking enforcement services.
Parking equipment: Options may include gated parking systems, parking meters, electric vehicle charging stations, parking guidance systems, and licence plate recognition. Most importantly, a full-service solution will involve electrical infrastructure design, installation, and ongoing maintenance and support for the technologies.
Financial services: Depending on the technology in place, financial services involve secure revenue processing for credit card, debit, coin and bank notes, and mobile payment transactions. Secure cash collection and replenishment, as well as accounting services are provided.
Parking technology: Technology innovations and integrations, such as mobile parking payment apps, parking validations, permit software, certified banking platforms, analytics, predictions, insights, and reports.
Construction services: Services may include parking lot design, engineering, lot remediation, lighting, asphalting, and curb and sidewalk construction.
Facility maintenance: Seasonal services, such as landscaping and snow removal, as well as ongoing cleaning and waste removal, power washing and sweeping, asphalt repair, and parking stall line painting.
Running a successful parking operation becomes seamless when you have a turnkey solution provider guiding you every step of the way.
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ABOUT THE AUTHOR
Bosco Tse
Client Relations Manager
In his twelve years in the parking industry, Bosco has earned the respect of his colleagues and clients alike by being a valuable and dependable resource to address their needs. In his current role at Precise ParkLink, he supports his clients in all aspects of their parking operations, including cost budgeting, financial analysis, project management, implementation, and scheduling. As a believer in continual self-improvement, and demonstrating his willingness to challenge himself to serve his clients better, Bosco recently earned his project management certificate from Ryerson University, and is currently working toward his PMP designation.
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