Multinational Financial Services Corporation Installed Parking Technology System that Reduced Employees’ Commute by 20 Minutes

When a multinational financial services corporation with operations in over 40 countries decided to eliminate one of its Phoenix, AZ campuses and move 3,000 employees to its main campus, major congestion due to increased traffic volume during peak parking and exit times was anticipated. Knowing that most of the transplanted employees would be coming from across town to the company’s 90-acre campus, the company sought out ways to make the commute as easy as possible.

The company, recognized among the top quarter of Fortune’s 2018 “100 Best Companies to Work For,” and one of the largest employers in the state of Arizona with more than 7,000 employees, selected San Francisco-based ParkHelp to maximize the efficiency of its parking garages. Considerations included how quickly employees would be able to get in and out of the garages, whether the system would be perceived as a perk, total cost, and whether the system would be nimble enough to stay on top of the latest innovations.

Since its implementation, use of ParkHelp’s technologically “evergreen” system and convenient mobile app has allowed the company’s employees to:

  • See where parking is available without wasting time circling the garages
  • Save an estimated 20 minutes of total commute time each day over what would have been spent without the system.

“In addition to saving their employees time and frustration, the installation of ParkHelp technology has reduced employee turnover and increased productivity,” said Matt Taub, Executive Vice President at ParkHelp. “Company executives also recognized that because the ParkHelp system remains fresh as a result of regular updates, the lifetime cost of its implementation makes it a no-brainer.”

ParkHelp’s parking system consumes very little energy, requires no personnel to operate, and always benefits from the latest innovations.

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