How car parking can fit into your office cost reduction strategy

Summary

• Car parking is a great way for companies to save money on their bottom line.
• By utilizing automated parking solutions, businesses significantly reduce their maintenance and operational costs.
• Car parking also provides steady income while being sustainable and eco-friendly.

Believe it or not, how your employees park their cars can affect your office cost reduction strategy.

Here’s how…

Saves space

Parking lots and garages are typically designed to accommodate cars driving in and out and people walking around. It means that there’s a lot of wasted space that you could use more efficiently.

Wayleadr can help you use this space more efficiently: just check out the work we did with Origina. The simple fact of the matter is that lots that use these types of services need less space because the room they do have is used in more efficiently.

Conserves maintenance costs

When you have a smaller parking area, there’s less ground to cover, so you’ll spend less on maintaining the space.

Reduced maintenance costs are a definite win when it comes to cost reduction strategy. The Colliers International and Wayleadr collaboration is a testament to this. With our help, Colliers were able to reduce parking spend by up to €15,000 per office.

Automated your parking garage can eliminate some of the other costs traditionally associated with managing lots, such as the cost of attendants.

Lessens environmental impact

Additionally, automated parking systems lessen the need for vehicles to idly circle the parking lot while searching for a spot, reducing vehicle emissions and improving air quality by 60% to 80%.

Automated parking is an eco-friendly way to reduce your company’s carbon footprint, which is good for your bottom line and the planet. Consider how Version 1 leveraged Wayleadr to decrease the amount of staff driving to work by over 50%.

Boosts employee satisfaction, retention, and productivity

Your employees will be thrilled to have the convenience of an automated parking system. They won’t have to worry about searching for a spot or paying for parking, thus saving them time and frustration.

When employees are happy, they’re more likely to be productive and less likely to look for another job. It is good news for your company’s cost reduction strategy since it lowers the cost of hiring and training new employees.

Acts as a source of income

If you have a parking garage that’s not being used to its full potential, automated parking can provide a new source of income. You can rent out the space to other businesses and use it to generate revenue .

Parking automation solutions such as Wayleadr also allow you to offer electronic vehicle (EV) charging stations. It is a great way to generate additional income, provide a valuable service to your employees, reduce your company’s carbon footprint, and promote sustainable practices.

Car parking might not be the first thing that comes to mind when considering your office cost reduction strategy, but it should be part of the conversation. From reducing operational costs to generating new sources of income, automated parking systems offer many benefits that can save your business money.