5 Important Facts About Managed Print Services
No other type of service can do more for your organization in terms of cost savings, enhanced productivity, increased efficiency, or print optimization than Managed Print Services (MPS). Partnering with the right MPS provider will help you regain control over your print costs and production, help to drive profits and increase security. With so many benefits, it’s easy to see why many businesses are turning to MPS for all of their print-related needs.
Here are five important facts about Managed Print Services you should know before you get started:
1. You’ll save: Regardless of the size of your organization, you can expect to save approximately 30 percent of your total hard copy costs by implementing an MPS solution. In addition, you’ll reduce your carbon footprint by as much as 60 percent and gain back about 10 percent of your IT staff, whose services were previously directed towards managing print.
2. MPS is multi-faceted: MPS is about more than just reducing the cost of printing. An MPS provider can offer a multitude of services including:
- Device installation
- End user training
- Print assessment service
- 24/7/365 customer service
- Fast response times for inquiries and service
- Device monitoring, either remotely or on-site
- Help desk
3. It’s growing: With a compound annual growth rate upwards of 25 percent, MPS has surpassed the rate of all other aspects of the imaging industry. As of 2015, industry forecasts showed that nearly 40 percent of print devices were under an MPS contract.
4. As easy as 1-2-3: Organizations typically undergo a three-step process as they enter into an MPS engagement. The first step is to regain control of the print fleet. Next, the print fleet is optimized to ensure efficiency. The third stage involves enhancing business processes through the implementation of document management solutions and streamlining document workflow.
5. MPS is IT-centric: Print management, including maintenance and repair, has traditionally been the responsibility of IT personnel. Even with the addition of MPS, IT departments retain control with 60 percent of businesses relying on IT personnel to manage their MPS engagement.
MPS is the wave of the future as more and more companies of all shapes and sizes are seeing the value in outsourcing their document output needs, giving them more time and resources to focus on what really matters: growing their business.