April 19, 2021
As businesses continue to look for opportunities to boost operational efficiency and control cost, turning to a Managed Service Provider (MSP) has increasingly become a go-to solution. Utilizing an MSP, organizations are able to streamline their staffing process while reducing critical line items that impact your budget and profitability.
If you are wondering what an MSP can do for you, here’s what you need to know.
What Is a Managed Service Provider?
MSP is a third-party company that focuses on contingent staffing, full-time hiring and similar human resources related responsibilities delivering a Total Talent Management Solution.
While an MSP does assume responsibility for certain operations, you still remain in control. Partnering with an MSP allows you to focus on other operational areas while knowing that your workforce management needs are fully addressed by professionals.
What the Right MSP Can Do for You
Not only can an MSP handle its own candidate sourcing, but it can also tackle vendor management responsibilities. This can be exceptional when you want to tap into talent pools available through different suppliers, as the MSP can act as your single point of contact while handling all of the sourcing and workforce coordination through the various channels.
MSP’s are experts in designing and delivering advanced compliance and risk mitigation controls within their programs. MSP will have an automated system that provides double checks of all on-boarding and off-boarding requirements to eliminate preplacement risks and recover intellectual and tangible assets.
While MSPs typically shine when you have a contingent workforce that needs oversight, these providers can assist with nearly any human resource’s function. Whether you need permanent hires, contract workers, payroll services, benefits administration, or any other area covered, the right MSP can tackle the tasks.
Finally, an MSP often has access to cutting-edge personnel and vendor management technology. Not only does this simplify operations, but it also introduces efficiency-boosting opportunities. Analytics can make right-sizing your staff simpler, as well as ensuring you’re getting the most competitive rates if you use a multi-vendor approach.
Are You Ready to Experience the MSP Difference Today?
iSymphony can connect you with the services, technology, and expertise you need to ensure all of your contingent workforce management needs are fully met day in and day out.
If you would like to experience all of the benefits of having a skilled MSP by your side, contact us at 281-902-5910 to learn more about our customizable Total Talent Management Solution.