Difference between revisions of "Managed Service Provider (MSP)"
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| − | A '''Managed Service Provider (MSP)''' is an [[Outsourcing|outsourced]] third-party company that manages and assumes the responsibility of a defined set of day-to-day management services to its [[Customer|customers]]. It is a strategic method of improving operations that is commonplace among large corporations as well as small and medium-size businesses, non-profit organizations, and governments. An MSP can handle myriad operational tasks that, though critical to the success of a business, are non-customer facing. Many organizations make the strategic decision to outsource operational processes, due to the efficiencies and expertise such a program brings.<ref>Definition - What is a Managed Service Provider (MSP) [https://www.hcmworks.com/blog/what-is-a-managed-service-provider-msp HCM Works]</ref> | + | A '''Managed [[Service]] Provider (MSP)''' is an [[Outsourcing|outsourced]] third-party company that manages and assumes the responsibility of a defined set of day-to-day [[management]] services to its [[Customer|customers]]. It is a strategic method of improving operations that is commonplace among large corporations as well as small and medium-size businesses, non-[[profit]] organizations, and governments. An MSP can handle myriad operational tasks that, though critical to the success of a [[business]], are non-[[customer]] facing. Many organizations make the strategic decision to outsource operational processes, due to the efficiencies and expertise such a program brings.<ref>Definition - What is a Managed [[Service Provider]] (MSP) [https://www.hcmworks.com/blog/what-is-a-managed-service-provider-msp HCM Works]</ref> |
Latest revision as of 16:55, 6 February 2021
A Managed Service Provider (MSP) is an outsourced third-party company that manages and assumes the responsibility of a defined set of day-to-day management services to its customers. It is a strategic method of improving operations that is commonplace among large corporations as well as small and medium-size businesses, non-profit organizations, and governments. An MSP can handle myriad operational tasks that, though critical to the success of a business, are non-customer facing. Many organizations make the strategic decision to outsource operational processes, due to the efficiencies and expertise such a program brings.[1]
- ↑ Definition - What is a Managed Service Provider (MSP) HCM Works