The Center for Advanced Purchasing Studies (CAPS), say that corporations will find savings from 10% to 30% when they begin to outsource supplier research and production to "best-in-field" specialists. The purchasing manager would gain the same benefits that other groups in the company do who use experts in selected areas. In fact, it's possible that by utilizing experts to research and locate sources of supply, the supply management function would become the largest contributor to profits of all the organizations in the company.
Source: www.capsresearch.org

Business owners need to look out for hidden finance fees. I like to refer to such fees as the broker's buried treasure. One of the more grievous tactics used by insurance brokers today is marking up interest rates on premium finance quotes. Premium finance companies can offer very competitive financing options to businesses that may lack sufficient financial resources. Unfortunately, many brokers secure the finance agreement on behalf of their clients with inflated interest rates, as much as 5 to 10 percentage points, in order to 'earn' additional fees. These padded interest rates can equate to thousands of dollars for the broker and all for five minutes of work. Some brokers may claim 'every broker does it; it is just the way we do business.' This is simply not true, and you would be prudent to find a more credible broker who is committed to serving your best interest.
Source: http://www.sbnonline.com

INSIGHT Research is predicting "cellular calling in the United States market will account for slightly more than 41 percent of all corporate phone bills for telecommunication services in 2009, and is the fastest growing expense area."
Source: http://www.insight-corp.com

2009 study Global Telecom Lifecycle Management, their total telecom spend throughout the organization makes up approximately 1% of their total revenues and that even a small decrease in spend can provide relief to IT budgets and the corporate bottom line. This is especially true in low margin industries where reducing as little as one-tenth of a percent of total revenues could make a difference of several percent in terms of cash flow and profit.
Source: http://www.aberdeen.com

Companies should strongly consider verifying the landlord's square footage numbers. In larger transactions, even a small difference can translate into a large savings. If it is not possible to measure the space, tenants should at least try to negotiate a tolerance in the measurement. Generally though, and per BOMA standards, a variance of up to 2% is acceptable
Aberdeen Group surveyed 105 executives responsible for managing facilities in the latest research and discovered that the modern facilities management program, while focused on reducing operational costs, must leverage a balance of data and performance management, automated processes and a reliance on standardized best practices to drive down costs and improve sustainability efforts.
Source: http://www.aberdeen.com

Every year U.S. businesses spend billions of dollars on office supplies such as paper, pens, notepads, paper clips, and toner. Because many of the items purchased generally cost very little, it can be difficult to gauge whether or not you're paying a fair price for them. But by doing your homework, which includes comparison shopping, you can easily save up to 20 percent a year on office supplies.
Source: http://www.allbusiness.com

Some vendors are helping clients meet the realities of the current market conditions. Big on the list is helping clients address shelf ware without repricing of contracts. For clients who paid full maintenance on software that's at least 4 years old, some vendors are offering to reduce up to 20% of the overall licenses not in use. This leads to lower maintenance revenue but engenders good will among key clients. Further, several vendors have allowed clients to apply credit towards another module as an alternative.
Source: http://www.enterpriseirregulars.com