One of the most popular business telecommunications options these days is VoIP. Also known as Voice over Internet Protocol, VoIP has many benefits. One of the best advantages is that it can save your business money. Rather than having to use the existing physical lines in your building, you use the Internet for your voice, video, and teleconferencing.
How VoIP Works
VoIP service breaks down each phone call into digital packets. It then compresses them and uses the Internet to send them to their destination. Then, they are uncompressed and reassembled. This is entirely different than establishing a constant connection between two parties, as is done with traditional phone service. While VoIP has numerous benefits over traditional services, one caveat is that you need to make sure that your internet connection is fast enough to support it. If you have a slow speed, your call quality will suffer. Fortunately, VoIP providers can assess your internet capabilities to let you know if you need to upgrade your bandwidth before switching.
How VoIP Service Saves You Money
VoIP can save your business money in a number of ways. The biggest aspect of your phone bill is the number of minutes you use each month. VoIP, however, does not take this into account. VoIP treats your conversations as data passed through your IP network rather than minutes spent on the phone. Fortunately, broadband is relatively cheap, therefore making VoIP extremely attractive to companies who want to cut costs by leveraging their existing resources.
VoIP can also save your business money through infrastructure costs. With VoIP, you don’t have to install new physical phone lines. This is because your equipment hooks directly into your broadband network. This is great for businesses that are growing and constantly adding new employees.
With VoIP you also get the basic phone features plus more. By switching to VoIP, you can have voicemail, conferencing, caller ID, call forwarding, unlimited long-distance calling, etc. Therefore, you are not only saving money but getting a lot of bang for your buck.