What is a MSP?
What is a Managed Service Provision/Provider (MSP)?
A Managed Service Provider (MSP) is the human bridge between your company, a Vendor Management System, and your contingent workforce suppliers. The role of the MSP is designed to manage vendor relationships improving the business processes related to the procurement of human capital in order to improve operational efficiency.
Our MSP Program utilizes a collaborative approach that provides the ability to manage back-office processes for your organization including contract management, reporting and invoicing.
When considering a Managed Service Provider, you will want to look for one that provides expertise in the staffing industry, is easily scalable to accommodate the ebbs and flows of your business, that brings skilled analysis and reporting skills to the table, has referenced relationships with a large number of staffing suppliers that meet your business needs and offers a vendor neutral solution.
The key benefits you will realize with an MSP are:
- Create a cost savings model that will save your firm 10% to 15%
- Acquire top-notch talent for your project faster
- Minimize the compliance risk to you and your firm
- Apply standardized processes to your firm
