TOWING SOFTWARE & GPS

The Integrated Solution PatrolWorks features web applications (portals) for both Property Managers and Permit Holders (residents). This design makes the functionality available on a computer or mobile phone and creates information transparency across the community. The fully integrated architecture provides the foundation for success:

1 A web application (portal) for property managers to digitally enter and approve permits (LPs), to view a portfolio of management reports, AND to approve pending impounds - digitally

2 A self-service web application (portal) for permit holders for vehicle registration, obtaining permits for themselves and guests, and transferring parking privileges to a different vehicle

3 Highly efficient detection of unauthorized vehicles using the LPR system for permitting violations – with the complementary mobile app: Co-Pilot

4 Impounding, along with optional, multi-step enforcement protocols that could immediately require impounding, or begin with one or more notification and/ or ticketing steps

The PatrolWorks software integrates all components into a complete parking management solution. Capabilities include configurability for the policy preferences of individual properties by lot: violations and consequences, permit pricing, grace periods and capacity caps for guest permits.

So What’s In It For Me?

PatrolWorks with LPR enables you to grow with a business model that generates high returns for you. The required LPR investment is NOT like repo. There is no need for a camera system on every truck. Typically one LPR spotter vehicle is all that is needed to patrol many lots. (No more walking lots on an “Easter Egg hunt”.) Identified violations are sent automatically from the spotter vehicle to the Co-Pilot app in a nearby tow truck. The payback on the LPR camera system is generally measured in months and financing is available.

You share in the processing fees for paid permits, can serve more lots, and complete more impounds!

You have an exclusive market, and you control your own destiny. You negotiate permitting fees and your share of the processing fees. For multi-family properties, you manage the property’s share of the permit proceeds - using them to offset lot maintenance priorities such as restriping. You provide patrolling through a company that is not conflicted with impounding. You contract with multiple impounding companies to expand enforcement capacity (lowering the asset intensity of your operations).

Detailing the benefits:

• Multi-Family Residential Properties: If you are impounding 200 vehicles per month, the population of vehicles in the lots will be around 20,000. If properties implement paid permits at $10 per month, the annual gross revenue would be $2.4 million. This would more than cover your parking management fees. It would generate a reserve that you could manage (for a fee) on behalf of the property for maintenance expenses such as resurfacing, striping, lighting, and/or snow removal. This reinforces your “parking management” role and avoids any funds flowing directly to a property manager which could be misconstrued.

• Pay to Park Lots: Managing downtown “in and out” and special event lots could generate gross revenue of over $1,000/space per month (10 hrs. per day x $4/hr.). A portfolio of 20 lots, each with 20 spaces could generate over $6 million of gross revenue. With enforcement, the lot owner would realize higher returns, even with you earning an above average management fee.

Could PatrolWorks with LPR be an opportunity for you to win and grow in your market with your customers? PatrolWorks is the future of private property parking management. You can be the leader with exclusivity in your market -- profitably serving more customers and more lots, generating more impounds and new revenue sources.

To learn more, invest a few minutes to watch these videos: