As the size of your office grows so will your expenses, therefore it is vital to reduce and control these costs as best as you can. Keeping track of and managing your office expenses can be both timely and costly. One of the largest expenditures a company faces is the cost of document production, eating up on average 3% of a business’ revenue. One strategy that many companies are now using to fight these unnecessary costs is the implementation of a Managed Print Service (MPS).
What is MPS?
To put it simply, MPS is a service provided by an external company to manage the document production and costs of an office, thus helping them save money. Many businesses underestimate how much time and money they are spending on their printing; research has shown that the majority of the outlays are hidden with only 20% of the costs visible. Using an MPS means no unexpected or “hidden” bills, as customers can set up a payment plan so they know exactly how much they are spending.
The term “printing” covers more than just sending a document to the printer, it involves the total cost of management and optimisation of the printers, their output and the procedures that support them.
When utilising MPS, many benefits are there to be seen, these include;
There are many managed print solutions available, each with similar services and goals; however, for a best-in-class solution that will reduce costs and increase business efficiencies, speak to DigitalTeam who will create a tailored service to suit your needs.