A Managed Services Program (MSP) and a Master Vendor Program (MVP) are contingent workforce management programs with different approaches and objectives. An MSP aims to optimize workforce management across multiple vendors, while an MVP focuses on consolidating your contingent workforce management through a single vendor. The choice between these programs depends on your company’s specific needs, preferences, and the complexity of your contingent workforce requirements.
Our team at Broadleaf Results created a visual representation of the MSP and MVP solution structure and shared the benefits of each for organizations that rely on contingent workers. Check out the infographic below.
