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Voice over Internet Protocol has been one of the most dynamically growing products in all of information technology. Today, over 30 percent of businesses are using VoIP, and that number is growing fast. VoIP presents some extraordinary benefits for businesses that do business internationally. Today, we’ll take a look at VoIP’s trends and how it can be an effective investment for your company.

VoIP Saves Businesses Money

The first thing you will have to understand about Voice over Internet Protocol is that adopting it will save your business money. The cost savings comes from nearly every part of the platform. Firstly, your business likely already pays for more bandwidth than it needs. You don’t get a special rate if you aren’t using it. By switching to VoIP, you can find a purpose for all that bandwidth that isn’t being used. In doing so, you remove the need for a traditional telephone system. That there will go a long way toward cutting down on your telephone spend, but it isn’t the only way your business saves. The second way a business can save is by using the business-centric features that a VoIP solution can deliver. In fact, businesses that take advantage of the conferencing options that many VoIP providers deliver can see up to a 30 percent decrease in their conferencing expenses. In today’s remote-first business environment, this is a complete win for a business. Additionally, businesses that take advantage of the softphone feature, decimate their mobile device and long distance spend. By utilizing VoIP in the office, at home, and on the road, a business can experience up to a 75 percent reduction in their telephone costs after switching to VoIP.

The Right Solution for the Growing Business

Finding ways to slash costs are at the forefront of a small business owner’s priority right now. With the COVID-19 pandemic still affecting many business’ abilities to conduct business in the manner that works best for them, they have to look to reduce their costs and get the most out of every dollar spent on technology. VoIP is the perfect solution for these businesses. Not only do you get the features that you need, you’ll get them at a fraction of the cost of a traditional telephone system.

International Savings

Long distance fees can be a major drawback to doing business internationally. If your business has demand from outside of your nation’s borders, you need to find a communications solution that won’t cost an arm and a leg. VoIP providers have a competitive model for keeping international communication costs down. With rates as low as two cents per minute, you can cut down on your communications spend while retaining the reliability and feature-rich system that you use domestically.  No matter how you slice it, VoIP is the superior telephone and conferencing platform for a small and medium-sized business. If you would like to learn more about hosted solutions, including VoIP for your business, call TAP Tech today at 203-744-9760.
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