Does your cost of fare collection match industry benchmarks?
For public transport networks, a 5% reduction in the total cost of fare collection can equate to millions of dollars, which provides a compelling reason to make a change. A good starting point is to understand where you sit on the scale of costs to revenue ratio.
Use this calculator to assess your cost of fare collection and benchmark it against industry standards. Then download this free guide assess your cost-to-serve in detail and prepare to measure the impact of account-based ticketing.