Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > Making MPS Pay
    Business

    Making MPS Pay

    Published by Gbaf News

    Posted on May 18, 2012

    9 min read

    Last updated: January 22, 2026

    This image illustrates the financial challenges faced by Thames Water, including its restructuring efforts and the conflict with Class B creditors. The article discusses how the utility company aims to stabilize its finances amid competing plans.
    Thames Water financial restructuring proposal amidst Class B creditor dispute - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    John Taylor, Chief Executive of M2, believes that while many organisations appreciate the benefits of managed print services (MPS), some are failing to achieve anticipated ROI because ‘market band-waggoning’ is clouding the definition of true MPS. Here he characterises a genuine MPS service, and explains what separates an authentic MPS provider from the growing field of ‘pretenders’ purporting to offer MPS.john taylor making mps pay global banking finance

    Today’s enterprises and medium-sized businesses are coming to terms with the fact that hard copy costs represent the last bastion of uncontrolled spending within their organisations. And with print consuming around 3% of business revenues, many organisations are looking to managed print services (MPS) to achieve the cost controls they need.

    With print output increasing by an average of 20% a year, despite the advent of the so called ‘paperless office’, engaging with an MPS provider makes sound commercial sense. With 91% of finance directors still lacking real transparency on the total print costs in their business, MPS offers a clear resolution to achievinga predictable cost management strategy.

    The ‘how’s and why’s of MPS
    At its core, MPS sets out to maximise utilisation of the printer, fax, scanner and photocopier fleet within an organisation, eliminating wastage and service failure through the unified and proactive management of the entire equipment fleet.
    A key aspect of MPS is the delivery of accurate management reporting and consolidated billing. This not only provides visibility of total print costs but also helps identify usage peaks and troughs across the organisation to support improved fleet utilisation.Professional account managers from a MPS provider ensure that this information is analysed, clearly communicated to key stakeholders and importantly,that it is acted upon quickly and appropriately.
    There are also key operational and technical characteristics that underpin MPS. These include automated consumable and service diagnostic software, remote network management tools and a range of options for users to integrate their print and IT networks. There should also be a variety of customer systems and helpdesk processes to support the solution as well as in-house consultants capable of aligning the MPS solution to customer environments.
    Finally, through the continual optimisation of the entire print infrastructure,strategy and end user policy definition, an MPS provider sets out to enable organisations to exploit their office print investment to the max.

    Examining the gains
    A professional MPS provider will generate significant benefits for an organisation, least of which is cutting print costs by up to 40%. And the material reduction of paper consumption means ‘green’ environmental targets become an achievable reality.
    But that’s not all. Streamlining the print fleet environment delivers the workflow speed and increased availability that boosts employee productivity, while improving document controls to significantly bolster information security across the enterprise. By increasing transparency and employee print accountability, organisations achieve a ‘user aware’ culture that cuts unnecessary wastage in its tracks.
    Finally, a good MPS provider reduces the burden on IT departments. Because by dramatically reducing call volumes to IT help desks – 60% of all calls to IT help desks are printer related – IT teams are freed to focus on more core strategic responsibilities.
    The MPS conundrum
    Finding a provider that can deliver on the promise of MPS can be a real challenge. True MPS is a complex discipline that includes a mixture of hardware, services, software and integration expertise.So, while many copier businesses are increasingly jumping on the MPS bandwagon, typically they are unable to deliver the comprehensive assessment, business case, and measurable ROI that marks out the professional execution of MPS.
    Similarly, the recent trend for IT service providers to converge print services with their network control offering also fails to deliver on the MPS promise. IT providers quite simply lack the specialist capabilities to balance the deployment of assets and minimise the estate required to support demand, or to specify the right mix of multifunctional devices to boost employee productivity, or provide guidance on how to reduce carbon usage on printer consumables.
    And relying on the so called MPS services of the major copier or print manufacturers simply locks an organisation into a single platform that may not, in the short or longer term, offer the best deal when it comes to functionality or cost.
    Finding the right MPS partner
    A true MPS partner should be completely vendor agnostic – enabling the delivery of a mixture of technologies that are appropriate to the operational challenge in hand – and offer the geographic spread to provide the agile and responsive national coverage small, medium and enterprise scale organisations need.
    So, if your MPS provider is unable to provide a dedicated consultancy team or its own in-house resources to undertake MPS audits, solution design and needs assessment, not least the post sale expert resources in IT, account management, professional services, then it’s unlikely you’ll benefit from the expertise you need to achieve ROI or future proof your business. And then you’ll wonder why your MPS solution didn’t achieve any of the savings promised.

    John Taylor, Chief Executive of M2, believes that while many organisations appreciate the benefits of managed print services (MPS), some are failing to achieve anticipated ROI because ‘market band-waggoning’ is clouding the definition of true MPS. Here he characterises a genuine MPS service, and explains what separates an authentic MPS provider from the growing field of ‘pretenders’ purporting to offer MPS.john taylor making mps pay global banking finance

    Today’s enterprises and medium-sized businesses are coming to terms with the fact that hard copy costs represent the last bastion of uncontrolled spending within their organisations. And with print consuming around 3% of business revenues, many organisations are looking to managed print services (MPS) to achieve the cost controls they need.

    With print output increasing by an average of 20% a year, despite the advent of the so called ‘paperless office’, engaging with an MPS provider makes sound commercial sense. With 91% of finance directors still lacking real transparency on the total print costs in their business, MPS offers a clear resolution to achievinga predictable cost management strategy.

    The ‘how’s and why’s of MPS
    At its core, MPS sets out to maximise utilisation of the printer, fax, scanner and photocopier fleet within an organisation, eliminating wastage and service failure through the unified and proactive management of the entire equipment fleet.
    A key aspect of MPS is the delivery of accurate management reporting and consolidated billing. This not only provides visibility of total print costs but also helps identify usage peaks and troughs across the organisation to support improved fleet utilisation.Professional account managers from a MPS provider ensure that this information is analysed, clearly communicated to key stakeholders and importantly,that it is acted upon quickly and appropriately.
    There are also key operational and technical characteristics that underpin MPS. These include automated consumable and service diagnostic software, remote network management tools and a range of options for users to integrate their print and IT networks. There should also be a variety of customer systems and helpdesk processes to support the solution as well as in-house consultants capable of aligning the MPS solution to customer environments.
    Finally, through the continual optimisation of the entire print infrastructure,strategy and end user policy definition, an MPS provider sets out to enable organisations to exploit their office print investment to the max.

    Examining the gains
    A professional MPS provider will generate significant benefits for an organisation, least of which is cutting print costs by up to 40%. And the material reduction of paper consumption means ‘green’ environmental targets become an achievable reality.
    But that’s not all. Streamlining the print fleet environment delivers the workflow speed and increased availability that boosts employee productivity, while improving document controls to significantly bolster information security across the enterprise. By increasing transparency and employee print accountability, organisations achieve a ‘user aware’ culture that cuts unnecessary wastage in its tracks.
    Finally, a good MPS provider reduces the burden on IT departments. Because by dramatically reducing call volumes to IT help desks – 60% of all calls to IT help desks are printer related – IT teams are freed to focus on more core strategic responsibilities.
    The MPS conundrum
    Finding a provider that can deliver on the promise of MPS can be a real challenge. True MPS is a complex discipline that includes a mixture of hardware, services, software and integration expertise.So, while many copier businesses are increasingly jumping on the MPS bandwagon, typically they are unable to deliver the comprehensive assessment, business case, and measurable ROI that marks out the professional execution of MPS.
    Similarly, the recent trend for IT service providers to converge print services with their network control offering also fails to deliver on the MPS promise. IT providers quite simply lack the specialist capabilities to balance the deployment of assets and minimise the estate required to support demand, or to specify the right mix of multifunctional devices to boost employee productivity, or provide guidance on how to reduce carbon usage on printer consumables.
    And relying on the so called MPS services of the major copier or print manufacturers simply locks an organisation into a single platform that may not, in the short or longer term, offer the best deal when it comes to functionality or cost.
    Finding the right MPS partner
    A true MPS partner should be completely vendor agnostic – enabling the delivery of a mixture of technologies that are appropriate to the operational challenge in hand – and offer the geographic spread to provide the agile and responsive national coverage small, medium and enterprise scale organisations need.
    So, if your MPS provider is unable to provide a dedicated consultancy team or its own in-house resources to undertake MPS audits, solution design and needs assessment, not least the post sale expert resources in IT, account management, professional services, then it’s unlikely you’ll benefit from the expertise you need to achieve ROI or future proof your business. And then you’ll wonder why your MPS solution didn’t achieve any of the savings promised.

    Previous Business PostWHY FINANCIAL COMPANIES MUST USE SOCIAL MEDIA TO SUCCEED
    Next Business PostBYOD – It’s Time to Throw Out the Rule Book
    More from Business

    Explore more articles in the Business category

    Image for Empire Lending helps SMEs secure capital faster, without bank delays
    Empire Lending helps SMEs secure capital faster, without bank delays
    Image for Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Image for How Commercial Lending Software Platforms Are Structured and Utilized
    How Commercial Lending Software Platforms Are Structured and Utilized
    Image for Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Image for Why More Mortgage Brokers Are Choosing to Join a Network
    Why More Mortgage Brokers Are Choosing to Join a Network
    Image for From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    Image for From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    Image for Global Rankings Revealed: Top PMO Certifications Worldwide
    Global Rankings Revealed: Top PMO Certifications Worldwide
    Image for World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    Image for Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Image for The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    Image for Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    View All Business Posts