Insource Spend Management Group Named in Inc. 5000 Fastest Growing Private Companies

HILLIARD, Ohio, June 30, 2011 /PRNewswire/ -- Insource Spend Management Group, a leading provider of spend management solutions, was ranked #531 on the Inc. 5000, an exclusive ranking of the nation's fastest growing private companies.  Insource was the top spend management provider and ranked 9th in executive management consulting.  Insource secures extraordinary pricing agreements for clients while preserving carrier and vendor relationships by providing insight, pricing transparency and strategic data interpretation.

"We are excited to be recognized by Inc. Magazine and we're proud that we are able to help so many companies improve profitability -- especially during the downturn in the economy," said Insource President Brett Febus.  "As more and more companies looked to trim costs they recognized the staggering amount of money they could save by renegotiating their parcel carrier contracts.  We've helped our clients save over $1.1 billion."

Insource helps clients improve profitability through smarter spend management.  Using a key combination of software analytics and expert negotiation, Insource has helped many of the largest shippers in the United States improve their existing UPS and FedEx agreements, including dozens of engagements with the Fortune 500.

"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their business during the longest recession since the Great Depression," said Inc. president, Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."

About Insource

Insource Spend Management Group is a leading spend management provider that offers expertise in identifying savings opportunities in transportation, technology and telecom pricing agreements. The company has successfully renegotiated hundreds of pricing agreements by identifying additional savings opportunities, advising on how to make the smartest spending decisions and renegotiating optimal pricing agreements.  

Since 1999, Insource has saved its clients more than $1 billion by renegotiating carrier pricing contracts for hundreds of companies, including dozens of the Fortune 500.  For more information, visit www.insourceSMG.com or contact Insource at (800) 397-6880.

Contact: Ellen Teng, Insource
email: [email protected]

SOURCE Insource Spend Management Group