Covendis Managed Services Program
Organizations today need to operate leaner and flatter making it difficult to implement strategic programs. If your organization could benefit from a vendor-neutral msp program but doesn’t have the bandwidth to take on additional programs, the Covendis Managed Services Program (MSP) might be just the right solution.
Turn-Key Solution
This turn-key, seamless solution is highly flexible and responsive to your organization’s unique business requirements. And the entire solution is a vendor-neutral one so your organization can continue to work with all of the suppliers that you are used to with the added benefit of the transparency, efficiency, and accountability that the MSP brings.
Flexible Architecture
Need to integrate with SAP or other legacy systems? Need different forms, workflow and reporting for different parts of the business? Do you need a solution that can keep up with the changing requirements of your business? Flexibility, integration, and future growth characterize the Covendis MSP. Covendis owns, develops, and operates its own Vendor Management Solution (VMS) that enables the benefits of the MSP, so you can be confident that we can meet your needs today and in the future.
Who Should Use MSP?
An MSP is ideal for organizations that want the benefit of a MSP but may not have the staffing nor the expertise to successfully implement nor support a msp from the beginning.
As you already know, change management is difficult to achieve by simply installing new technology. And while organizations need to run leaner today, they still need to implement key strategic programs quickly, lest they fall behind their competition. The Covendis MSP becomes an extension to your organization with responsibility for managing this key area of spend. Covendis works closely with your organization to understand and implement the unique business requirements coupled with best practices obtained over a decade of VMS/MSP operational experience.
MSP for Commercial
Ideal for companies, especially those with different geographies and operating businesses
›› See Commercial Key Benefits below
MSP for Suppliers
Covendis is a vendor neutral company which means that we not compete for services business.
›› See Suppliers Key Benefits belowHow It Works
Once Covendis is engaged, we devote a significant portion of the engagement to understanding your organizations unique business requirements.
Did You Know?
Our msp is built with flexibility, integration, and future expansion as core tenets of the toolset? ›› Learn more about Covendis Vendor Management Solution..
MSP for Government
While the process of engaging contractors and consultants might be similar, the public sector may have some unique requirements not typically addressed by other VMS/MSPs. The level of transparency and reporting requirements is often an order of magnitude greater, as are other requirements of vendor-neutrality and open networks, competitive bidding, and highly detailed reporting of expenditures to meet local, state, and/or federal requirements. And, since each agency or affiliate generally operates independently, a successful VMS/MSP program must accommodate each agency’s unique business and reporting requirements.
Key Benefits:
- ›› Agencies configurable as independent/stand-alone operations
- ›› Reporting and invoicing configurable by agency
- ›› Meeting public competitive bidding requirements
- ›› Vendor neutral and open subcontractor/supplier network
- ›› Vendor neutral and open subcontractor/supplier network
- ›› Track record of success in the public sector, including state, local, municipalities, and colleges & universities
- ›› Outreach and mentoring of small, local, and diverse suppliers
MSP for Commercial
The commercial sector generally has unique business requirements for a VMS/MSP program. In an uncertain and competitive economic environment, companies desire partnerships that can extend a staff that is already stretched thin, while bringing about positive change, efficiencies, and visibility. And since successful companies need to react quickly to the market and competition, they need partners that can quickly respond as well. Professional and other services typically represent the largest indirect expense for any company, and one that is difficult to standardize and control. The Covendis MSP can be a starting point to a successful program to continuously improve and manage contractors and consultants.
Key Benefits:
- ›› A highly flexible program whose VMS is owned and operated and can therefore react and respond quickly to new and changing requirements
- ›› An experienced and innovative team that can help bring about positive, lasting change and help to control rogue spending
- ›› The ability to allow geographies and business units to operate independently yet implement and manage a minimum standard process and obtain an enterprise level dashboard on the operation
- ›› A vendor neutral solution that can quickly accommodate changes to the supplier base
- ›› Flexible integration to other systems
- ›› Change management and knowledge transfer
MSP for Suppliers
Background info on why suppliers would wanaAs a supplier, you provide excellent quality, excellent service, and have competitive rates. And yet it’s hard to rise above all of the noise of competitors that say the same thing. Or you participate in msp or MSP programs where the incumbents or insiders control the opportunities and the entire process is a “black box”. The Covendis MSP is different. First, we don’t provide services (vendor neutral) so we don’t compete for your share of the pie. And since we are neutral, our mission is to ensure a level playing field. So your opportunities to get business are only limited by your ability to attract and retain quality candidates and to provide competitive rates.
Key Benefits:
- ›› Easy onboarding
- ›› Single dashboard to manage multiple clients and opportunities
- ›› Real-time visibility into the process, including how many other submissions, interviews, placements, etc
- ›› A level playing field that ensures you receive opportunities simultaneously (not the leftovers that the primes can’t fill), that your candidates are objectively considered, and that you receive feedback on candidate submissions
- ›› Meaningful and objective supplier metrics to help your organizations distinguish itself from the rest.
Partner with Covendis. Our Managed Services Program
is a great fit for companies who need to outsource
all of their services procurement needs.
Call 1 (866) 968-9675 or Email Us to get started. We are excited a the opportunity to show you how we can help..