ParkEngage In Action: Inventory Management

ParkEngage works with our clients to not only improve the parking experience for their customers, but also to help the operator improve their system and enhance their return on investment. For our clients, we have far exceeded their expectations.

For a large city parking garage operator with multiple facilities, ParkEngage used our Inventory Management System to help them significantly increase their sales through aggregators within the first year. ParkEngage worked with the operator to centralize their entire inventory of thousands of parking spaces into one, easy-to-navigate system. ParkEngage automated the manual process of publishing the inventory and provided real-time inventory and dynamic pricing updates to the aggregators. ParkEngage system Inventory Management System provides a common dashboard for all the channel sales and inventory reports as a cloud-based subscription service.

After one year utilizing ParkEngage Inventory Management, the operator experienced a 20% increase in sales. They also saw a 5% increase in their average revenue per reservations sold through aggregator channel, as well as a return on investment of more than five times. Further, the product helped to significantly streamline their operation, embrace the strengths of their aggregators and channel partners, and gain control of their parking inventory. Learn more about our Inventory Management system and set up a demo today!

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