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MSP series: 8 benefits beyond cost savings

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Your MSP partner can work with you — and suppliers — to develop a highly configurable strategy that maintains consistency with your overall brand framework, while targeting and attracting highly skilled contingent talent to your organization. 5. talent branding expertise. 6. predictive analytics & data management. Workforce data and business insights are now more important to organizations than ever before, yet many lack the technological infrastructure or subject matter expertise to leverage this information. The evolution of MSP has led service providers to invest in more sophisticated predictive analytics and easy-to-use reporting dashboards. You can also benefit from collaborative customer review sessions where you work closely with your MSP partner and suppliers to ensure access to the best talent. Some partners also provide access to management portals that facilitate communications and processes among all parties. 8. innovative technologies and practices Employer branding strategies have long been considered essential for attracting permanent hires; however, as companies and talent turn to flexible work arrangements, a holistic employee value proposition (EVP) that also accounts for the contingent workforce is critical. This gives you the ability to identify issues occurring around skill needs, spend habits, supplier performance, fulfillment efficiency and other important metrics. Some talent analytics platforms can also help your hiring managers make decisions on which types of talent are best for their needs, based on historical analysis of availability of skills. Because MSP providers constantly invest in their delivery infrastructure, as a client, you benefit from the newest tools and process refinements. For example, you can get access to emerging HR technologies, such as human cloud platforms, also known as freelancer management systems (FMS), that help companies easily engage with independent talent. 7. improved flexibility and scalability In today's dynamic business landscape, companies must respond quickly to changing market conditions; a highly flexible workforce can help you do this. Because MSPs work with an extensive supplier base, your provider can find alternative sources of skills when your existing supply chain is unable to deliver. Your program can also be scaled up or down quickly when business needs change, or replicated at a different location or market to provide a consistent experience for hiring managers throughout the organization. 4

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