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What is an MSP? The Role of Managed Service Providers in Contingent Workforce Management

Produced by the Human Capital Institute, and sponsored by MBO, this second installment in the series explores MSP's. What are they, how did they evolve, and what does your organization need to know before working with one? Executives from MSP's collaborated to create this "MSP 101" program. Don't miss this rare  glimpse inside the MSP world.

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MyBizOffice Is Now MBO Partners

MyBizOffice Now MBO Partners

Mission to make it easy for independent consultants to work with their clients.

MyBizOffice, the leading provider of business solutions for independent consultants and their clients, recently launched a new corporate identity as MBO Partners.

Read the Press Release

Case Study: Global Consulting Firm

Already a consulting powerhouse, this client tapped MBO Partners to help it reduce costs and better use its contractors as a valuable strategic advantage.

 

Client Situation

MBO Partners' relationship with this client, one of the world's most prominent consulting companies, began with the engagement and administration of just a few contractors. These contractors had found assignments with the client on their own and brought MBO Partners, then known as MyBizOffice, with them to be their W-2 employer as they worked.

It didn't take long, though, for the client to realize the cost benefits of using contractors employed through MBO. Within months, the client approached us to get our recommendations for expanding this practice throughout its organization.

The MBO Partners Solution

MBO Partners worked closely with the client to educate it on the best practices for reducing contractor-related costs, including advising it on ways to most effectively use the MBO direct engagement model.

The client quickly began taking advantage of the possibilities MBO Partners presented them. It now uses MBO as the principal engagement vehicle for all upper managers who convert to contract work, a fleet of contract-based recruiters, retiring individuals whom it wants to retain for assignment work, relocating individuals, graphic designers, and more. In all cases, the client requires its contractors to either join MBO Partners or self-incorporate (if qualified).

Results

Thanks to the superior services and benefits MBO Partners provides its Associates, virtually all the client's contractors choose the MBO alternative. In the first year after tapping us to improve its contractor and consultant services, the client channeled over 100 individuals through MBO's contractor engagement and payment services.

Today, the client sees MBO Partners as a strategic partner that better enables it deliver high-quality services to its clients all over the world.