Every valet operation has specific challenges when it comes to accounts and billing. Whether the facility is mixed-use, restaurant, airport or an event venue, managing and accounting for income is a high priority. Automated Valet offers an efficient tool to simplify the work of tracking and gathering revenue.
AVPM Accounts Receivable is a module that works with the AVPM operating system which manages rates, validations, master accounts, invoices and billing. It automatically records all the necessary information for billing each type of customer.
Accounts Receivable allows the operator to create master accounts for vendors that give validations. The system will record validations issued to the vendor and redeemed by customers and keep a tally of all invoices created for and payments made from the vendor. Automating the process of accounting for validations reduces error and prevents revenue loss.
When it comes to setting rates, the application gives the operator the option to set an unlimited number of rates, apply different rates to different customers, schedule rates according to day, time and event and much more. There is no maximum combination. Setting rates becomes a job done once a month, or even once a year, saving the operator time and preventing mistakes. Even one day set at an incorrect rate can cost thousands. Accounts Receivable guarantees that wont happen.
Accounts Receivable is a helpful tool for operators with monthly accounts. It keeps track of customers use of the facility and sends invoices automatically. Invoices are sent at the same time in each billing period and any delinquent accounts are flagged and brought to the operators notice. Making sure monthly parkers receive accurate and regular invoices is important for creating customer satisfaction. Irregular or incorrect billing can alienate monthly parkers and create difficulties for both parties.This is an efficient tool that eliminates human error, says Automated Valet Founder and CEO Ken Gulec. Setting rates and keeping track of revenue go hand in hand. Its efficient and intelligent to use an application that does both.