Most businesses think that a switch to more advanced technology will wrongly impact their financial position. On the contrary, the move to newer technology can enable a business to minimize their expenses, allowing them make more profits in the long term. Business VoIP is one such technology that can help a business significantly save on its unnecessary telecom expenses. In one of its reports, VoIPReview.org shows the ways companies can use VoIP to achieve huge money savings.
The report insists that by providing a cheaper alternative to traditional phone system, VoIP can make all the difference in a business's financial health. With VoIP, businesses do not only get cheaper phone bills, it they also reduce rent and utilities expenses.
According to VoIPReview.org, VoIP can save businesses money in the following five ways: long distance calls, hosted PBX (News - Alert), cheap conference calling options, cutting down on ink and paper and allowing employees to work from home.
With VoIP calls using the Internet to transmit voice data, all VoIP calls are treated as local calls. The companies having a global presence and with a need to make frequent international calls, can switch to VoIP for saving money.
Some VoIP providers offer the ability to purchase an additional virtual number with a local area code. That way, companies can also help save their customers money, since they are no longer making long distance calls.
Hosted PBX is another way small businesses can save on their telecom expenses. With a hosted PBX service, companies are required to pay a low per extension fee per month. In return they get unlimited calling between extensions and unlimited calling to all U.S. numbers. Since the hosted PBX service is handled virtually by the business VoIP provider, it eliminates expenses like PBX hardware, storage space, maintenance fees, and a support staff.
Conference calling comes as a default feature with most service provider plans. The feature allows for collaboration between geographically dispersed team members. For more enhanced collaboration experience, businesses can opt for IP video conferencing, a service offered by many providers at no extra charge.
VoIP allows businesses to use IP faxing and read and send faxes on a computer, smartphone or tablet rather than having to actually print them, thereby reducing paper usage. Without having to constantly print faxes, a business can significantly cut down on paper and ink expenses.
VoIP offers a hosted PBX option, transferring calls to employees no matter where they are. By allowing the employees work from home, businesses can save money on rent and utilities.
Recently, VoIPReview discussed about the three ways that VoIP saves users tax dollars throughout the year. Tax season hurts the wallet, but at least VoIP users know that each and every month they save an average of 13 percent of taxes over traditional phone service.