speaker
John Martins
CEO

And we really don't want to be too much higher than that because what we do is we take our excess supply and bring it to potential new clients to actually feed our pipeline of MSPs. But if we needed to, it's always a lever we could pull. But right now with our pipeline of MSPs that we have, there's really no reason we believe that we'll continue to really accelerate our wins in MSPs. The other exciting thing is, as we mentioned with the launch of Intellify, We're also going to be able now to enter into the VMS vendor neutral space, which we have never participated before. And with that, that is a multi-billion dollar space where we offer clients currently or prior to Intellify just an MSP accountable model, which many clients do want that service. but there is a segment of clients out there, again, in a multibillion-dollar segment, that want a vendor-choice program or a vendor-neutral program. And for us allowing to now have that offering, we feel that it will help continue to diversify our business, and those, of course, are on a higher-margin business. So we're very excited about that new offering and really being able to take some market share in that vendor-neutral space.

speaker
Toby Summer
Analyst, Truist Securities

That makes sense. Thank you. With respect to that, In terms of just transferring your own book from third-party vendor to your own platform, what is the – can you quantify the cost savings associated with that and the time period over which the transition might take place?

speaker
Bill
CFO

Yeah, Toby, it's Bill. I guess I'll just give you the context on the cost. I mean, for us – You can imagine that the spend under management for today attracts a fee for us, right? Because almost all the technology that's used there is third party. So that cost is anywhere from 75 bits to a 1%. So round numbers, you're talking north of 10 million in annualized savings on a normalized basis. And I think the deployment or the rollout schedule, I don't know, Dan, if you want to speak to that a little bit.

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