“Print less” strategies move from revolution to evolution as organizations look for new ways to manage information -
Far from over, MPS is evolving along with technology and business Now, many organizations are evaluating how the changing nature of MPS can provide an increasing return on investment. Today’s vision includes looking beyond managing printers to optimize and streamline workflows and business processes via print infrastructure.
“Organizations have the opportunity to reduce costs, increase productivity, increase security and compliance and mitigate risk by developing, acquiring, or partnering for new competencies related to both print and electronic workflows,” states Holly Muscolino, Research VP, Document Solutions at research firm IDC.
Enter smart managed print services. MPS is smarter than ever thanks to increasing capabilities, applications and analytics, and is able to not only help people optimize and manage infrastructure, but also streamline essential business processes across many industries.
Multifunction products support MPS strategy
Multifunction products (MFPs) act as a digital on-ramp to kick off various industry-specific business processes. Retail, manufacturing, insurance, government, healthcare and financial organizations are deploying smart managed print services in innovative and beneficial ways. For example, bank branches can benefit from MFPs for originating loans and opening new accounts in addition to accounts payable and receivables.
Searching for structure?
With the advent of tablets and smart phones, people are printing less by default. So it’s a natural evolution for MPS to help organizations manage other types of content. After all, documents exist in many forms beyond paper.
Big data analytics drive MPS ROI
The explosion of big data analytics also helps organizations reap the most benefits from their MPS dollars. With the advancing analytics trends, vendors can capture more data and get to know customers better—enabling vendors to better identify workflow optimization opportunities.
If your organization has maximized its managed print services infrastructure, consider the additional benefits of taking the next step. With an MPS partner that listens to your needs, applies technology in an industry-specific fashion and uses a planned and phased implementation approach, you’ll be surprised at all the ways your PDM initiatives can evolve. -
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