What is a Managed Service Provider?

Organization’s seeking an external partner to source, manage, and optimize their contingent workforce use a Managed Services Provider (MSP) to transform their talent acquisition, management, and optimization functions into a strategic strength of an organization.

Workspend’s modularized approach to managed services can easily be tailored and calibrated to address your company’s strategic workforce goals, both near- and long-term.

Workspend offers two types of MSP solutions: MSP Lite and Full MSP.

Benefits of an MSP Solution

  • Reduced recruitment processing costs
  • Greater talent acquisition agility, access, and scalability
  • Broadened and multi-channel talent sourcing
  • Greater visibility into your program spend and across your talent supply chain
  • Improved candidate quality and hiring experience
  • Business intelligence and reporting capabilities
  • Enhanced compliance and risk management
  • Experienced vendor management

What sort of MSP Models does
Workspend offer?

MSP LITE

FULL MSP

A flexible, unbundled, and modularized MSP solution that can be implemented in 8 weeks. This contingent workforce offering is designed to optimize programs that spend between $1 - $50 million annually on contract labor services, and can be scaled up for larger spend programs who prefer to manage a number of the MSP functions directly. With its flexible pricing and modular design, MSP Lite is for buyers looking for consulting and solution design without implementing a full MSP solution. Think of it like an a la carte MSP solution.

A flexible and unbundled MSP solution that can be implemented in 12 weeks. This contingent workforce offering is designed to optimize programs that spend between $50 million - $1 billion annually on contract labor services, and can be scaled up for larger programs or down for smaller programs depending on client need. With its flexible pricing and all-inclusive design, Full MSP is ideal for buyers looking for a comprehensive buildout of an entire MSP program. Think of it like an all-inclusive MSP solution.

Which MSP Model is right for me?

Numerous cultural and organizational considerations come into play when you are attempting to determine whether or not an MSP model, and which MSP model, is a “right fit” for your organization.

By thoroughly evaluating the below considerations, you will be able to more closely align your MSP needs to the “right fit” MSP solution in the marketplace, setting you up to achieve your organization’s talent engagement and management goals.

MSP Checklist

Want to learn more about Workspend’s
MSP solution offerings?

Whether you’re looking for an “all-inclusive” completely outsourced MSP solution or a modularized “a la
carte” MSP solution, or something in-between, Workspend’s delivery model flexibility can help you
achieve significant gains from your non-employee workforce.

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MSP Lite One Pager

Download our

Full MSP One Pager

Download our Modular Approach

to Managed Services One Pager

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