Bankers. Financial planners. Stockbrokers. The vast financial industry encompasses anything done outside your accountant’s office. Consider the tens of thousands of employees who work in and around Wall Street and other financial centers — that’s a lot of chugging printers slinging ink and toner!
The financial industry is right behind accounting in terms of paper and printer usage, averaging approximately 20 pages printed per user every day.
Financial sectors are trying to combat the rising cost of print services by migrating to third party managed print services and digital document management systems. But hard copy prints maintain a strong foothold in the industry, and show no signs of letting go. The secret to slashing your printing budget could be as simple as seeking an alternative to Amazon and big box stores.
How Much Can You Save?
Saving money on printing costs is an easy, and often overlooked, way for financial professionals to save money, regardless of office size or number of employees. Financial professionals print an average of 20 pages per day, or approximately 5,600 pages per year.
If your printer is an HP Color Laserjet 5550hdn, the average employee will use half-a-set of HP 645A toner throughout the course of the year. Buying a set of genuine OEM HP 645A toner cartridges at Toner Buzz is only $1,099 compared to $1,775 at Amazon, a savings of $338 per employee per year. A financial office with 100 employees can shave nearly $34,000 a year off its budgeted printing costs by switching from Amazon to Toner Buzz.
Maybe your financial office relies on an HP Color Laserjet CP3525x and needs replacement toners (which yield between 5,000 and 6,000 pages per set). A year’s worth of toner for each employee will cost you $1,042 from Amazon but only $719 from Toner Buzz, a savings of $323 per employee. A 50-employee office that switches from Amazon to Toner Buzz can save upwards of $16,000 in annual printing costs.
Cranking out financial documents on an HP Color Laserjet CM2320n? A typical employee uses nearly two full sets of genuine HP 304A toners over the course of a year. This costs $1,091 on Amazon, but only $798 at Toner Buzz, saving your office a whopping $293 per employee, per year. If your CM2330n serves a workgroup of 100 employees, buying toner from Toner Buzz rather than Amazon will save your office nearly $30,000 in printing costs each and every year!
It’s important to consider the above numbers are based on one printer. Most financial professionals use dozens of printers spread out over several locations. The savings add up quickly and deserve serious consideration. Stop wasting your money on toner! Switch to Toner Buzz!
The financial industry is not alone. Many businesses don’t consider printing costs...but they’re tossing money out the window. Consider this:
- NEARLY 90% OF COMPANIES DON’T TRACK PRINTING COSTS — How can you muster up savings when you don’t know what you spend in the first place? Get a handle on how much paper, ink, and toner your office uses on a monthly basis, and track those expenses over several months. Once you know how much you spend on printing costs, you can work on reducing that figure.
- THE AVERAGE IT DEPARTMENT SPENDS 15% OF ITS TIME ON PRINTING ISSUES — According to IDC, 23% of help desk calls are printer-related. There are a number of ways to help minimize this issue, with the most useful solution being proper maintenance and management. Another way to avoid printer-related jobs for your IT Department? Stick with genuine OEM toner cartridges, which are traditionally more reliable than remanufactured or third-party cartridges.
- SUPPLIER AGREEMENTS CAN REDUCE OPERATING COSTS — Find the best discount toner supplier and make a deal. Buying in bulk and entering into supplier agreements can reduce overall printing costs by 20% to 30%. Know what you need and shop around for the best prices. We’ll give you a shortcut. Regardless of what brand printer you use, you’ll find the best savings on genuine OEM toner and inks here.
There are plenty of ways to save money on genuine OEM toner, but all solutions begin with an online a visit to Toner Buzz.com. If you’re a financial professional, Toner Buzz is the first, last, and only place you’ll ever need to visit!