Parkeon introduced latest pay-and-display centralized management service

Parkeon, the world’s leading provider of parking space management solutions, is demonstrating the latest version of Parkfolio®, its fully hosted, centralized management service for pay-and-display parking systems. Named Parkfolio Neo, the upgraded program comprises two main modules: Supervision and Financial. They are designed to enhance the financial performance of multi-space, pay-and-display schemes, while also improving the level of service provided for drivers.

Data generated by Parkeon pay-and-display terminals is transmitted, via a modem in each machine, over a wireless network (e.g. Mobitex or GPRS) to Parkfolio servers on the East and West coasts of the US. They provide parking operators with a comprehensive range of real-time information, accessed securely via the Internet, on PCs in their own offices. Information is presented in a standard spreadsheet format and reports may be printed out, filed electronically or saved to disk.

Parkfolio Supervision optimizes the performance of the parking system by notifying operators whenever a terminal requires preventative or corrective maintenance, e.g. sending alerts to replace consumables or if a cash collection is required, and generating warnings of operational failures. Messages are transmitted automatically to a subscriber’s PC and can be sent to service and/or management personnel, via cell phones or e-mails, for immediate attention.

The program also provides tools that enable managers to change the operational parameters of their pay-and-display terminals remotely: downloading tariff changes and variable messages to be displayed on the machines’ screens and/or printed on tickets.

Parkfolio Financial generates statistical and revenue data, based on transactions relating to each terminal, e.g. payment and collection statements, transaction details: time, payment method used, arrival times, time-of-day, etc. The provision of accurate, historical and up-to-date information helps managers to review, plan and develop their parking facilities and can be helpful in resolving enforcement disputes.

The Parkeon solution is also capable of managing electronic payments, i.e. card and cell phone-based transactions, transferring details to the relevant financial institutions and/or service providers to authorize and process payments.

About Parkeon

Parkeon was formerly Schlumberger e-City, the Parking and Ticketing Systems division of Schlumberger. The Company was at the forefront of the development of pay & display terminals in the 1970s and has 30 years of proven innovation and proven expertise in the parking business.
Today Parkeon is a leader in parking systems and equipment, offering both on-street and off-street parking solutions. The Company employs over 850 people worldwide and generated revenues of over $160 million in 2004.
With an installed base in excess of 130,000 machines, its parking terminals are a familiar sight in over 3,000 cities across 40 countries and its pay & display systems control over 3 million parking spaces around the world.
Thanks to world-class engineers and substantial investments over the last three years, Parkeon has built undeniable technological leadership in its field. Parkeon provides complete parking revenue collection solutions, equipment and services to municipalities and car park operators.

Parkfolio is a registered trademark of Parkeon.