| 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.

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