Businesses of all sizes across the world are turning to Managed Print Services (MPS), a solution by which a company’s document output is outsourced and managed by an external provider. Market-research firm Transparency Global Research reports the global market for MPS will register a strong compound annual growth rate (CAGR) of 14.8 percent through 2024. And with good reason: according to The Gartner Group, adopting an MPS program—including printing fleet optimisation efforts—typically saves an organisation 30 percent on its print-related costs. Savings like these are no small financial windfall, as according to International Data Corporation (IDC), the average business eats up anywhere between 5 percent and 15 percent of its annual revenue on document costs.
So, how is MPS able to provide such a sound investment for your business?
Analyse and assess your printing needs – Through a thorough assessment of your print environment, a trained MPS expert will identify valuable insight that will enable you to develop an effective strategy for your unique workplace. Which printers are used most often? Which devices are used the least? Which departments print the most? Do you have the right devices to meet your needs? Are you engaging in inefficient practices?
Reduce the size of your printer fleet – With a full understanding of your fleet and workflow, your MPS provider can streamline your printing fleet, eliminating unnecessary or inefficient devices. You’ll no longer waste money on unused machines, while ensuring your fleet is cost effective and can handle your workload.
Automate support and supply delivery – With MPS, your devices are remotely monitored, mitigating the risk of unexpected and costly downtime. MPS also touts automatic consumables fulfillment, shipping toner directly to your office when your devices run low.
Optimise the placement of printers – Where your devices are located in your office can significantly impact workflows. An MPS provider will ensure your printers are placed in the optimal location(s) to maximize efficiency.
Make your costs predictable – By outsourcing the management of your printing devices to a single provider, you’ll eliminate surprises and receive a single, predictable bill each month.