Estimate the potential return on investment for your parking management system. Select your university size and see how Spot Parking can help you maximize revenue.
1. Select University Size
2525 lots • 10,00010,000 stalls
2. Select Service
Comprehensive Wayfinding + Automated Enforcement + Full Analytics
Included Features
Live Updating Mobile App
Real-time Spot Availability
Live Map iFrame
Occupancy Analytics and Heatmaps
Existing Camera Support
Support for Multiple Lot Types and Stall Categories
Customizable Parking Rules and Regulations
Automated Violation Detection
Automated Citation Issuance
Speed Cite™
Enforcement Mobile App
Real-time Notifications
Optional Ticket-by-mail
Flexible API and Dashboard Access
Comprehensive Violation Reporting and Analytics
Custom Web-App for Paying and Appealing Citations
Seamless Integration with Existing Enforcement Systems
Pay and Appeal Citations with Native Mobile App
Purchase Permits with Native Mobile App
3. Select Projection Scenario
4. Customize (Optional)
Current System
Citation Revenue
$500,000$500,000
Permit Revenue
$1,200,000$1,200,000
Gross Revenue
$1,700,000$1,700,000
Software Expense
$60,000$60,000
Labor Cost
$224,640$224,640
Insurance Premium
$150,000$150,000
Net Revenue
$1,265,360$1,265,360
With Spot Parking (average case)
Citation Revenue+100%100%
$1,000,000$1,000,000
Permit Revenue+15%15%
$1,380,000$1,380,000
Gross Revenue+40%40%
$2,380,000$2,380,000
Software Expense(100100 cameras)
$357,000$357,000
Labor Cost-50%-50%
$112,320$112,320
Insurance Premium-10%-10%
$135,000$135,000
Net Revenue
$1,768,180$1,768,180
Total System Cost (annual)
Includes 15% contract discount for a 4-year contract
$357,000$357,000
Change in Bottom Line (annual)
Estimated annual change in bottom line after software costs and labor savings.