Preparing Your 2025 Budget? Assess Your Future Parking Technology Needs Today

As 2024 begins to wind down, it's time for organizations managing parking operations to start thinking about 2025 budgets and, specifically, parking technology needs. Hospitals, hotels, casinos, airports, parking operators, and many more understand that parking is an integral part of daily operations, and having the right systems in place can mean the difference between smooth customer experiences and operational challenges.

Why You Should Plan Ahead?

Budget and Scheduling Alignment
Looking ahead allows you to align your budget with the growing needs of your parking facilities, staff, and the communities you serve. Whether it’s upgrading your valet operations, implementing contactless payment systems, or enhancing enforcement technologies, these changes need to be factored into your financial planning. By planning in advance, you avoid scrambling for funds or making last-minute purchases, which could result in missed opportunities for efficiency and service improvements. Additionally, rushing to secure funds for last-minute purchases may leave fewer resources for other critical expenses in the coming year.

Early preparation also enables smoother scheduling. Implementing new technologies requires time—considering vendor selection, procurement, installation, and training. Starting now ensures these transitions happen seamlessly without disrupting your peak periods.

Understanding Staff and Community Needs
Technology plays an essential role in successful parking operations. It’s important that this technology not only provides your customers and community with seamless and comfortable parking experiences but also supports your staff’s day-to-day activities. While budgeting is often approached from a financial perspective, planning ahead should also include the future integration of these technologies and whether your staff will have adequate training.

Technology should enhance the customer experience while reducing the operational burden on your staff. Taking the time to gather insights from staff and customers can identify potential improvements, streamline experiences, improve safety, and increase convenience.

How TEZ Can Help
TEZ has long been at the forefront of parking technology, offering app-free, touchless parking solutions that simplify operations and enhance customer experiences. Our suite of innovative products is designed to help you modernize your parking operations in a rapidly evolving environment. Our solutions include:

• SMS Valet: Allows guests to check in, pay, and request their vehicle by simply clicking a link in a text. Pay for parking from the convenience of your phone.
• TEZPARK: Enables people to conveniently pay with their phone while providing lot owners and managers real-time data and enforcement tools.
• PERMIT2PARK: Enables lot managers to automate how they manage sales and accept parkers, track inventory, and process billing/payments in one platform.
• TEZLENZ: Empowers strategic decision-making with data insights pivotal for staying ahead in a competitive market.

TEZ understands that each parking operation is unique, and our technology is built to be flexible, allowing you to scale and adapt as your needs grow. We work with organizations across a wide range of sectors, helping you achieve your unique goals.

We’re here to help you navigate your parking technology journey with the aim of enhancing customer service, improving staffing and operations, increasing revenues, and more. Don’t wait until next year to start planning your parking technology upgrades. Contact us to discuss how we can help you forecast your needs, work within your budget, and ensure smooth operations with cutting-edge solutions.