When it comes to deploying a new hosted VoIP PBX phone system, cost savings may be the most important consideration but is hosted VoIP PBX right for your business? There are substantial cost savings for the right business but you have to dig deeper to find out if hosted VoIP PBX is a good fit for your company.
Simply by moving to a hosted VoIP PBX system you may substantially reduce expenses.
- Eliminate metered calling and receive one flat rate bill – no more surprises
- Consolidate multiple voice services for local and long distance, mobile, and conferencing
- Eliminate maintenance and configuration fees for existing PBX phone equipment
- Consolidate voice and Internet access for more efficient use of bandwidth
- Reduce IT support costs associated with managing telephony service issues
- Reduce office space by hiring telecommuters
- Expand your candidate pool and reduce wages by hiring qualified talent from other areas
Because most companies are interested in saving money, they look to hosted VoIP PBX as a cost cutting solution but there are other more important benefits to consider. Without a doubt, the biggest benefit offered by a hosted VoIP PBX solution is increased functionality and integration with productivity software systems. Just think about the thousands of possible software applications for VoIP and mobile phones. As VoIP PBX systems mature and allow developers to interface with the core product, more niche applications are likely to develop. These new business solutions will dramatically boost productivity and enhance overall communication.
A hosted VoIP PBX solution brings extreme value to your company and tremendous business productivity enhancements which may set you apart from your competition.
- Improve customer service by responding to issues quicker
- Measure service performance so that you can improve your process
- Provide a flexible communications infrastructure to accommodate fluctuations in staff
- Offer mobile workers the means to work from any location
- Penetrate new markets without having to build out new office space
In a recent Yankee Group survey, the results show that companies with hosted VoIP PBX systems are 25% to 35% more responsive to customers, and the productivity of their employees who spend a significant portion of the day on the phone increased by the same amount.
One major benefit of hosted VoIP PBX is the integration with traditional desktop tools like the latest Microsoft Office Suite. Your employees no longer have to dial a number when looking up a contact in Outlook because the phone call initiates when you click the number with your mouse. Also, instant communication is a snap because the presence manager tells you who is available so you can simply send an instant message or initiate a video conference call and pull in any additional team members from any location. It is easy to see how employee productivity improves by using a hosted VoIP PBX system and this ultimately improves the bottom line.
This is something that appeals to Joan Shipp, partner for Applefield Shipp Insurance Solutions. She said unified communications and collaboration would be a help to her employees and it would likely boost productivity especially for remote workers.
But for many, the potential for cost savings remains a key factor for any new technology purchase.
Leo Judge, MIS director at Indianapolis-based mortgage lender, The Money Station Inc., said that new applications and the possibility of unified communications was not a factor in his consideration of hosted VoIP PBX.
Judge said his company, which has four remote locations, could benefit from avoiding toll calls, having easier remote system management and enabling employees who switch desks to simply pick up and move their own phones without help from the IT staff.
However, he said budgets are tight right now and that visible return on investment is the biggest priority. “The bottom line is that the technology has to save us money,” Judge said.
Companies with that kind of bottom line mentality may want to save money by migrating to hosted VoIP PBX slowly, over time. If your private branch exchange (PBX) is working just fine, then you may want to consider installing SIP trunks to help lower the cost of your phone bill. Installing SIP trunks is a great way to move toward VoIP while avoiding the initial capital expense of purchasing all new VoIP handsets.
Most companies with a desire to save money on their phone services are able to take advantage of hosted VoIP PBX but you have to dig deeper to find out if the technology is a fit for your business. No one is buying technology for technology’s sake any more. It’s time for your company to start thinking about how VoIP technology transforms your business processes to enable greater employee productivity and collaboration.
Spiritel is here to help you evaluate the various hosted VoIP PBX offerings and find out what works best for your company. Spiritel Solutions is dedicated to helping our clients reduce telecom expenses. Our team of experts reduce annual telecom spend by an average of 30% or more for voice, data and Internet service. For a free consultation, please contact us here or give us a call at 866-770-0300.