Cities can use two-in-one check and cash scanners to process parking payments
Investing in a dual purpose cash and check scanner is an easy way for city governments to improve the efficiency of collecting payments from parking and traffic violations. Charging money for street parking is one of the most common ways for municipalities to regulate local infrastructure and control driving behavior in dense urban areas. In many cases, these systems also offer a reliable revenue stream.
However, a paid parking program is only effective if its organizers are able to complete its associated back office tasks with relative ease. According to The Washington Post, city officials in Detroit are currently spending more money enforcing parking tickets than they are receiving from actual violations. The local government has faced its share of financial problems in recent years. After filing for bankruptcy, the city's current emergency manager, Kevyn Orr, has been looking for ways to maximize revenue and get municipal programs back on their feet. A Detroit News article recently pointed out that the cost of processing a parking fee is $2 more than what the violator pays to the city. The newspaper reported that 70 percent of outstanding fines are intended for nonresidents, meaning the local government may never even see this income.
Collecting payments from traffic tickets can be a complicated process, especially in a large municipality such as Detroit. Manually sorting checks or taking frequent trips to the bank can have a direct influence on the overhead costs of running these programs. That's why leveraging the benefits of a dual purpose cash and check scanner can be such a valuable strategy in the long run. In fact, when public employees use an automated machine to electronically scan check payments or count large volumes of cash, agencies can quickly maximize the profitability of these initiatives.
March 31, 2014