VoIP’s Benefits are Numerous

Business owners and managers are always looking to save a buck. Since the cost of doing business continues to climb, looking to the cloud for their business-critical applications is one way to extend operational capital. The cloud offers several solutions to help the modern business keep their costs down, and one service that can be very valuable is Voice over Internet Protocol (VoIP). VoIP, specifically hosted VoIP, can help you reduce your communications costs in many ways, including:

Hardware Costs

If you planned on moving to a VoIP platform, spending capital on hardware would likely go against the intention of cutting costs. A hosted VoIP solution makes it possible to get a powerful business phone system without having to go through the headaches and expense associated with installing new phone lines. Anyone who has ever run telephone wire from a distribution hub through the walls of a building knows that it can be quite tedious. 

Even for a smaller PBX roll out, you are looking at a substantial capital investment that is transformed immediately into an operational expense once you choose to introduce a hosted VoIP solution. By utilizing your company’s existing broadband, hosted VoIP removes the upfront expense of purchasing PBX hardware, running phone lines, and buying dedicated phones. 

Fee Structures

The largest expense for any telephone system is the minutes the phone is being used. Every traditional phone bill will feature costs for long distance calling, which the way it is set up most of the time are calls that you would consider local. Eliminating this recurring expense is one way that hosted VoIP is able to present the business that’s looking to cut costs an opportunity to do so.

In comparison, broadband Internet is relatively inexpensive and is basically mandatory nowadays. It is also offered by quite a few ISPs, allowing your organization to buy the resources you need as an operational expense. Additionally, any VoIP service rates are very competitive with the rates that you’d pay if utilizing a traditional phone system, without the need for constant management and maintenance of the system. The VoIP subscription is typically paid per user, which also provides efficient scalability if you need to add or subtract accounts for any reason. 

Mobility

Another way VoIP helps the modern business stretch its dollar is by promoting mobility.  Many reputable hosted VoIP systems have mobile applications available through the Google Play Store or Apple App Store. This provides organizations the mobile flexibility they need without paying extra for individual phones and service plans. Since these applications can be effectively run over Wi-Fi, or through the organization’s virtual private network (VPN), it can save plenty of financial resources normally spent on the deployment of a typical mobile strategy. 

If you would like more information about VoIP or if you would like to know how CoreTech can help you with your business’ communications, call us today at (270) 282-4926.