LADS Africa

Background

According to Parking Ya!, more than 25% of vehicles driving around cities are looking for a parking space. Zimbabwe has 32 urban councils most of which have varying CBDs sizes. According to the Central Vehicle Registry, Zimbabwe’s vehicle population stands at an estimated 1,2 million. In 2020, 32.24 percent of Zimbabwe's total population lived in urban areas and cities, according to ZimStats. This means approximately 50% of Zimbabwean vehicles are in urban settlements However, councils in Zimbabwe have been failing to take advantage of the high volume of traffic in their CBDs and collect revenue from their parking bays because there was no effective and affordable solution.

InstiPark Features

Mobile Receipting System installed on portable hand-held POS machines such as these.

Works offline so network is not an issue =>automatic synchronisation once it detects internet connectivity

Long battery life; electricity supply not an issue

Ability to print receipts, and reports makes it a versatile all-in-one solution

Portable =>no need to carry too many devices

Cost effective => investment in one gadget

Description of the system

The system uses all-in-one smart POS devices. These devices can work offline but they automatically synchronise with the cloud once they detect internet connectivity

You do not need a server to run the system because the database is hosted on the cloud.

The system has a powerful web portal for analytics and reporting. This portal is accessible from anywhere in the world through a mobile phone or computer; which means that management can see the revenue inflows in real-time.

Only those with access rights are given access to the portal.

Setting up the system does not take one day.

The system is integratable with LADS, such that residents can create accounts and park on credit and then pay later at council.

Functions

On field Mobile APP

Bill and raise invoices to motorist parking within the CBD or anywhere the council deems billable,

Capture payment made by the motorist towards the raised bill,

Penalize parking offenders,

Track offenders and blacklist

Web Portal

Revenue heat maps on GIS

Configurations such as bay creation, user set up, package set up etc

Management reports and business analytics

Cash-up reports e.g. revenue by marshall, revenue by street, revenue by time period and by date

Possible Business Models

PARTNERSHIP/JOINT VENTURE MODEL

Council registers a joint venture (JV) with LADS/HIT

The JV brings in its own team (marshals), gadgets and software application Council does not pay anything;

JV collects parking fees, takes care of all operational expenses such as staff salaries, gadget maintenance, cloud services license fees and any other agreed upon expense

Profit to be shared at agreed percentages.

First 2 months will be trial months in order to create a culture => it can be a period of loses.

LICENSE AGREEMENT

Council to procure the system

Pay for deployment fee once off;

Training fee per person;

Annual license fee of the system

The council has two options on the gadgets:

Rent gadget at U$50 per month per gadget

Outright ownership of the gadgets at U$600 each

Services