Managed print services (MPS), a type of outsourcing service, entails a service provider taking complete ownership of a company's print infrastructure. This service's overarching objective is to reduce wasteful printing costs for the business. Flexibility, increased productivity, sustainability, and cost savings are benefits of managed print services that contribute to an increase in demand for these services. Another reason promoting the growth of the MPS industry is the governments' strict rules and regulations designed to save paper, save waste, and lower operating costs. For instance, the Paperwork Reduction Act of 1980 is a statute in the United States that aims to reduce the amount of paper used by individuals, corporations, and government.
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