TORONTO, ON, Dec. 3, 2020 – HONK, North America’s leading provider of contactless payments for parking, announced today a dramatic update to its back office reporting and analytics — one that heightens transparency and enhances business intelligence for its network of operators. Updates will equip clients with the toolset and reporting system required to better streamline and manage their operations, ultimately saving them time and money.
HONK rolled out the back office enhancements to a subset of early adopters — to incredibly positive reviews. Every aspect of reporting is encompassed in the updates, including: parking transactions, processing volume, and fees. What’s more, the reporting system allows customers to seamlessly slice and dice data to their needs, as well as download reports directly. The latter is a much-loved feature as it supports operators that wish to reconcile statements with various other vendors’ financial systems.
“Our mission at HONK has always been quite simple: to make parking operations operate better — and a critical piece of the payments puzzle is revenue collection,” said Michael Back, HONK Founder and CEO. “Our goal with these updates has been to speed up efficiencies, remove any guesswork, and give operators complete transparency over every element of their parking activity. In the end, these changes will help our customers save valuable time — freeing up resources and allowing them to redirect those hours elsewhere.”