No matter the size of your company or the industry you operate in, it is vital to reduce and control your 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 spiralling costs is the implementation of a Managed Print Service (MPS).
MPS is a service provided by an external company to manage all aspects of your businesses printing devices; the optimisation of these devices will save you money and improve document workflow. Many businesses underestimate the time and money spent on their printing and research has shown that the majority of outlays are hidden with only 20% of the costs visible. Using a managed service means no unexpected or “hidden” bills, as customers can set up a payment plan so they know exactly how much they are spending.
The legal sector remains a document intensive industry and we are often asked by legal firms what can be done to reduce or control their print-related costs. Due to the number of important papers law firms print on a regular basis, embracing an MPS could be the perfect solution. If implemented efficiently, a law firm can reap the rewards which come with an MPS solution:
Enhanced security – The legal industry is privy to all manner of confidential and sensitive documents. Keeping these documents safe is vital to a firm’s reputation. A managed print solution allows for secure printing and only those authorised can collect the document ensuring confidential documents are kept out of the wrong hands.
Cost savings – An MPS provider will typically audit a business’ current print infrastructure to identify immediate savings. Consolidating printing devices and taking advantage of multi-function printers reduces supplies and repair costs. 86% or organisations state the main reason for implementing an MPS is to control costs.
Increased productivity – By cutting out time consuming manual tasks through digitisation and automation, users can spend less time at the printer allowing them to focus more on their workload. Further to this, IT resources are freed to concentrate on more vital issues, rather than troubleshooting print issues, as these are dealt with by your MPS provider.
Eco-friendly – Implementing a managed print service can help your business become more environmentally friendly. Less energy consumption and a more eco-friendly manufacturing process, including less wastage from consumables, can help lead to a reduction in your carbon footprint and improve your CSR reporting.
Standardised equipment – Means all users in all departments, whether working remotely or in the office, can easily access and use all the functions within the managed solution.
Streamlined document workflow – An MPS reduces the number of steps needed to process documentation, digital capabilities, and mobile print solutions, allowing for peak efficiency.
Single invoice – Due to the solution being part of one single service, your business no longer has to worry about sending numerous invoices for toner, maintenance and paper etc. The solution allows for one single invoice to cover all your printing needs, saving valuable time.
Consistent print quality – By having a central solution to your print-related procurement, there will be a consistent quality and process across the entire business’ printing activities.
DigitalTeam are specialists in creating strategies for print usage across organisations. We will work closely with you to analyse your existing print strategy before providing a bespoke MPS solution. By partnering with DigitalTeam, we will combine all your print activities into one single source solution leading to a significant reduction in overall costs and improvement in business efficiency.
We will flawlessly manage your entire print infrastructure whilst you focus on the day-to-day running of your business. If you would like to make the move to an MPS, have an audit across your print activities or would just like to know more about what we do, contact our experts today.