VoIP systems offer businesses several ways to save money. For starters, it eliminates the costs associated with phone lines, saving your business 20-50%. It also eliminates the need for pesky wires and clunky hardware, which makes the office more visually appealing. Plus, it’s easier to troubleshoot when issues arise.
Reduced Call Costs
Many companies are drawn to VoIP because it promises to save money on call costs. While every company’s exact phone bills will vary, there are several areas where most businesses experience cost savings when switching to VoIP. Internal calls on a VoIP network are usually free, and calling regular telephone numbers is also much cheaper than with a traditional landline phone system. These savings can add up quickly and significantly reduce a business’s monthly bill. VoIP eliminates the need for onsite PBX hardware, which can be expensive to install and maintain. With VoIP, phones are connected to the cloud via a broadband connection, meaning there’s no need for additional equipment. Moreover, employees can use their mobile phones to work from home or the road while still representing their office number.
Save Money on Long-Distance Calls
Phone calls are one of the largest expenses for businesses. And the good news is that VoIP can save companies considerable money on long-distance calling charges.
This is especially true for companies that regularly make international calls. A typical VoIP system makes international calls as cheap as domestic calls.
Another great thing is that most providers allow you to call other users on their network for free. This makes it possible to talk to customers and suppliers worldwide without raising high telephone costs when you get landline. This is great for sales and other departments that make many calls. It also cuts down on service calls to move phones around the office.
Reduced Maintenance Costs
In addition to reducing costs for international calling, VoIP can help reduce maintenance costs for your business. This eliminates the need to purchase and install traditional phone equipment onsite. Instead, users can log into their VoIP systems from any device with internet access. This means employees can take work calls on the go or even at home, saving businesses money on expensive cellular charges. Furthermore, VoIP offers additional cost savings by allowing businesses to keep their call data on file for future analysis and training purposes. This can save companies labor costs by reducing the need to input data from sales, and customer service calls manually. Moreover, it can also eliminate the need to hire outside contractors for troubleshooting and other technical issues.
Reduced Hardware Costs
It’s not just the monthly line costs that make up a large portion of a business phone bill; hardware costs are also involved. Fortunately, VoIP systems reduce these expenses significantly.
Unlike traditional landline phones, VoIP uses the internet to connect users to the system, eliminating the need for expensive telephone lines. This can shave 20-50% off your monthly bills.
Additionally, VoIP can be used on a typical smartphone, allowing employees to use the service away from the office. This can reduce travel costs for your staff and help you reach a wider client base – boosting profits. Maintenance costs can also be reduced as upgrades to the system are completed remotely. This eliminates the need for costly infrastructure changes, making it easy to scale up and down as your business grows or shrinks.
Reduced Customer Service Costs
Depending on your VoIP package, the system could save you anywhere from 20%-50% on telephone line costs. This can greatly benefit businesses making large calls to customers or sales staff. In addition, VoIP systems often provide features that you would otherwise pay for separately, such as conference calling packages and videoconferencing.
VoIP allows you to work remotely and stay connected even during a natural disaster or pandemic. This can help you avoid costly service calls or losing significant business due to unforeseen circumstances. Finally, VoIP is easy to configure and change in real-time, which can also eliminate the need for expensive hardware that is necessary with traditional phone systems.
