When it comes to managing contingent workers, organizations often opt for a Managed Service Program (MSP) or Master Vendor Program (MVP) to meet ambitious hiring needs, generate cost savings, and gain more visibility into their talent acquisition processes. But there are some key differences between the two approaches.
An MSP aims to streamline workforce management across multiple vendors, while an MVP focuses on consolidating your contingent workforce management through a single vendor. So how do HR leaders know which option best fits their needs? Acara’s MSP vs. MVP infographic is a great resource to help you determine which solution is best for your organization.