• MPS Cost Savings in a Recession

    Jun 10 2016

    In an economic downturn, our main focus is managing our budget whilst getting the most value for each dollar that is spent. Unfortunately, many businesses are oblivious of the amount of money that is wasted when they fail to consolidate their printing operations. They are unaware of the number of operational printers within their organization; the monthly spend on paper, ink and other supplementary items; or the volume of resources allocated toward system maintenance.

    Lack of visibility over these factors can leave thousands of dollars unaccounted for. Here’s where Managed Print Services (MPS) take center stage.

    With MPS, a single provider is outsourced to oversee all your printing operations, from setup to servicing. This gives organizations full control over costs associated with their printing operations. The shift in preference towards MPS is largely attributed to the sinking economic climate. This has forced organizations to comb through all items on their budgets and search for solutions that bring big value at little cost. Mismanaged printing can unknowingly account for 1-3% of a company’s annual expenditure. In a recession, this can have a detrimental impact on your revenue.

    • For every $1 spent to print, it takes $9 more to manage it
    • Most printer acquisitions are reactionary
    • Printer costs are hidden in expense and departmental budgets

       

    Cost Reductions:

    MPS allows you to predict printing costs across the entire organization. By consolidating the spend for your consumables, you’re also afforded volume discounts that are otherwise unavailable. Companies have reported that with MPS, they saw the biggest costs reductions in the following areas:

    1.       40% Fewer help desk calls

    2.       25% Reduction in cost of consumables

    3.       20% Unscheduled maintenance cost reduction

    4.       10% Cost reductions in installation and upgrades

    5.       23% Average Savings through centralized management

    Current MPS users (60%) were found to be completely satisfied with the cost savings achieved and an additional 25% indicated that the cost savings exceeded their expectations.

     

    There are other advantages to MPS that aren’t budget related. Here’s a look at some of the benefits you can expect when you employ and MPS provider:

    1. Customization

    Massy Technologies Applied Imaging provides a wide range of package options  that can be customized to suit your needs. Organizations that are very document heavy, such as law firms, government offices and financial institutions can benefit most from MPS. However, MPS give you the opportunity to downscale to suit your industry and organization size. Your provider will conduct an assessment of your operations and will utilize the data gathered to indicate where wastage may have been previously occurring and make suggestions moving forward. You’ll be advised on the equipment that’ll work best, as well as, service and maintenance options that are available.

     

    1. Reassigned Responsibilities

    Larger organizations often call on their IT department to handle their printing services in hopes of reducing expenses. Unfortunately, this approach has an opposing effect. IT technicians can spend up to 15% of their day on printing issues. Balancing day to day responsibilities in addition to managing print operations, can leave service costs undocumented and spend unmanaged. MPS is a completely outsourced program that takes the load off your internal operations. It allows you to reclaim time and productivity levels lost from your IT department and recover mismanaged expenditure

     

  • MPS Cost Savings in a Recession

    (MPS) Permanent link

    In an economic downturn, our main focus is managing our budget whilst getting the most value for each dollar that is spent. Unfortunately, many businesses are oblivious of the amount of money that is wasted when they fail to consolidate their printing operations. They are unaware of the number of operational printers within their organization; the monthly spend on paper, ink and other supplementary items; or the volume of resources allocated toward system maintenance.

    Lack of visibility over these factors can leave thousands of dollars unaccounted for. Here’s where Managed Print Services (MPS) take center stage.

    With MPS, a single provider is outsourced to oversee all your printing operations, from setup to servicing. This gives organizations full control over costs associated with their printing operations. The shift in preference towards MPS is largely attributed to the sinking economic climate. This has forced organizations to comb through all items on their budgets and search for solutions that bring big value at little cost. Mismanaged printing can unknowingly account for 1-3% of a company’s annual expenditure. In a recession, this can have a detrimental impact on your revenue.

    • For every $1 spent to print, it takes $9 more to manage it
    • Most printer acquisitions are reactionary
    • Printer costs are hidden in expense and departmental budgets

       

    Cost Reductions:

    MPS allows you to predict printing costs across the entire organization. By consolidating the spend for your consumables, you’re also afforded volume discounts that are otherwise unavailable. Companies have reported that with MPS, they saw the biggest costs reductions in the following areas:

    1.       40% Fewer help desk calls

    2.       25% Reduction in cost of consumables

    3.       20% Unscheduled maintenance cost reduction

    4.       10% Cost reductions in installation and upgrades

    5.       23% Average Savings through centralized management

    Current MPS users (60%) were found to be completely satisfied with the cost savings achieved and an additional 25% indicated that the cost savings exceeded their expectations.

     

    There are other advantages to MPS that aren’t budget related. Here’s a look at some of the benefits you can expect when you employ and MPS provider:

    1. Customization

    Massy Technologies Applied Imaging provides a wide range of package options  that can be customized to suit your needs. Organizations that are very document heavy, such as law firms, government offices and financial institutions can benefit most from MPS. However, MPS give you the opportunity to downscale to suit your industry and organization size. Your provider will conduct an assessment of your operations and will utilize the data gathered to indicate where wastage may have been previously occurring and make suggestions moving forward. You’ll be advised on the equipment that’ll work best, as well as, service and maintenance options that are available.

     

    1. Reassigned Responsibilities

    Larger organizations often call on their IT department to handle their printing services in hopes of reducing expenses. Unfortunately, this approach has an opposing effect. IT technicians can spend up to 15% of their day on printing issues. Balancing day to day responsibilities in addition to managing print operations, can leave service costs undocumented and spend unmanaged. MPS is a completely outsourced program that takes the load off your internal operations. It allows you to reclaim time and productivity levels lost from your IT department and recover mismanaged expenditure

     

    Posted by Massy Applied Imaging at 07/19/2016 03:55:15 PM | 


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