MSP (Managed Service Provider)
A managed services program is a highly effective way for employers to manage their contingent workforces. An MSP provider can deliver a host of benefits, including:
- Market Expertise
- Process Efficiencies
- Technology Expertise
- Program Scalability
- Compliant Practices
- Compliant Practices
- Spend Visibility and Cost Savings
The MSP can act as an integral part of your company’s procurement, HR or other human capital function. It will manage the entire contingent talent life cycle from requisition through invoicing and payment. Using a vendor management system (VMS), the managed service program gives you complete visibility into the status of each contingent worker at your organization.
With a rigorously designed and consistent process, an MSP can also help you stay compliant with all labour regulations and governance requirements. Through talent analytics, your program can also drive improved decision-making around your contingent workforce.
Is an MSP Right For My Organization?
An MSP often requires that employers have a minimum amount of contingent talent spend. A volume threshold is typically necessary for the program to be self-sufficient.
What are the benefits of APPL Global InfoTech as MSP?
Companies with significant flexible talent spend often find they don’t have full visibility of and compliance within their contingent workforce practices. Hiring managers may source and acquire resources on their own, leaving procurement or HR unaware of who and how many workers are coming and going.
If this describes your company, you may be at risk in a number of ways. You need to keep an eye on regulatory adherence, physical and cyber security, high labour costs, fraud and other problems that can occur without the right controls.
An MSP Delivers Processes That Help You:
- Enhance Access To Talent
- Reduce Process Complexity
- Get Greater Visibility of Spend
- Lower Talent Costs
- Improve Regulatory Compliance
How does an MSP work?
An MSP is typically administered as part of an organization’s contingent workforce program. It may encompass most (if not all) flexible work arrangements, including temporary staffing, independent contractors, freelance and gig workers, payrolled talent and statement of work (SOW) suppliers. The solution is managed by a PMO overseen by the service provider. The PMO works in conjunction with the client’s contingent workforce team.
The MSP is responsible for day-to-day management of the program. It will facilitate tasks such as requisition processing, supply chain management, transactional reporting, analytics and market insights, and more. In conjunction with clients and using teams of talent advisors, providers are increasingly working on resource planning to optimize deployment.
Why APPL GLOBAL INFOTECH As MSP
- We support in Permanent Hiring (Sourcing and interview Coordination).
- On Going Trainings and certification taken care by APPL GLOBAL INFOTECH.
- Payroll input collections and we help in BGV for faster Results.
- Maintance the low attrition.
- We will take care the end to end travel and Board meeting Schedules 24/7.