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Focus Point Parking’s virtual parking management program monitors critical functions daily, reconciles either monthly or daily, and reports the results monthly through parking analyses reports.
- Focus Point Parking monitors monthly garage access via card audits each month.
- Focus Point Parking monitors lease obligations through the A/R billing system to insure all obligations are fulfilled.
- All revenue is monitored and accounted for by Focus Point Parking Command Center Specialists.
- Bank records are balanced to transaction records by Focus Point Parking Command Center Specialists daily.
Industry experts have found that 18% 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
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