If you see an error message in the application that reads "Record can not be saved as another Record with the same name exists within the Business Object" and you can't find another record with the same name in the application, you may want to run the following SQL query to see if you have any records in the database where the spec_name field is null in the IBS_SPEC table. The query below will show a count of these records with the biggest offenders at the top of the list.
select count(*), type_name from IBS_SPEC
where spec_name is null
group by type_name
order by count(*) desc