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Contract Parking

Parking Customer

Customers sign up on-line to register for Contract Parking and to manage their monthly parking account.

Payments by Credit Card or by Corporate or Personal Check.




Property Owner / Manager

  • All payments go directly to Landlord Bank Account.
  • TPN monitors monthly garage access via card audits each month.
  • TPN monitors lease obligations through the A/R billing system to insure all obligations are fulfilled.
  • Contract revenue is never in the hands of on-site parking operator.
  • All revenue is monitored and accounted for by TPN Parking Financial Specialists.
  • Bank records are balanced to transaction records by TPN Parking Financial Specialists daily.

In TPN’s last 10 financial reviews it was found that 17.7% of total gross revenue of contract parking was unaccounted for in the following categories:

- Lease must takes
- Lease rates
- Unauthorized discounts
- Active and unbilled access credentials
- Payment variances

TPN’s Focus program monitors each of these functions daily, reconciles either monthly or daily, and reports the results monthly through TPN’s Dashboard.



 

 

 
   
 
   


 
 



 

Copyright 2006 The Parking Network, Inc.