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2 min read

Defining Business Requirements for MSP Solutions

Defining Business Requirements for MSP Solutions

If you want to drive success by implementing a vendor management system (VMS) or engaging a managed service provider (MSP), understanding your real business requirements is essential. As with any project, planning is critical, ensuring that partnership can lead to new solutions and improved future forecasting for your business when it comes to contingent staffing.

By reviewing your workforce management needs and requirements, you can prepare your company for success. 

 

Involve Key Stakeholders

First and foremost, you need to make sure the right stakeholders are involved in the evaluation. Executives, business users, architects, and developers all need to be on the same page, reaching an agreement about the platform’s design, functionality, and features.

Implementing a VMS or MSP solution is often a significant change, so identifying a design that drives the phases and deliverables is a must. By getting the right leaders and employees involved, you increase the detail level and accuracy of the design, making it more likely that implementation will go forward on time and that all of your needs are addressed.

Separate Needs from Wants

Your business requirements can typically be divided into two categories: needs and wants. The requirements that you deem essential need to be handled first, ensuring they are included in your VMS. After that point, preferred features and capabilities can be examined and added, allowing you to get a comprehensive solution.

Consider Existing Technologies

Most companies have existing technologies in place, so you need to determine whether the MSP or VMS needs to operate as a standalone system or as a component within your current enterprise technology stack, essentially as an extension of their existing technology.

The managed services solutions offered by nTech can operate in either fashion. Along with standalone configurations, you can opt for integration with other solutions, such as Project Portfolio Management (PPM), Enterprise Resource Planning (ERP), Identity and Access Management (IAS), and finance or accounting technologies.

Integration can often provide numerous benefits. You may derive cost savings and have an easier time with data synchronization. Additionally, process automation, visibility, compliance, and business intelligence can all be enhanced by integrating with your existing solutions instead of segmenting the technologies.

Think Partnership

When you have your business requirements identified, opting for a VMS partner instead of a mere provider allows you to get additional ongoing support. When you work with nTech, you can access to our operational expertise and implementation team, ensuring your solution meets your needs today, tomorrow, and well into the future.

We work with leading technology companies to integrate solutions into a variety of enterprise systems, including proprietary technologies. As an ISO 9001:2015 certified organization, nTech also follows a predefined structure to support organizational change, increasing project success rates through documenting, planning, and communicating consistently at every phase.

If you are ready to experience the benefits above by working with a leading VMS partner, the experienced team at nTech wants to hear from you. Contact us to speak with one of our specialists and learn more about our comprehensive workforce management services today.

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