In a large business setup, every minor improvement in process could lead to windfall gains in absolute numbers. For example, consider a tennis ball manufacturing company that finds a way to save 5 cents in every ball they manufacture. Given an annual production of 5 million tennis balls, this minor improvement could well add up to more than $250,000 in overall savings. It is hence extremely important to take a critical look at every business process to identify areas of improvement that could save money.
One of the areas where costs are overlooked is communication. Large businesses typically have complex PBX systems deployed at the workplace. These systems work as private telephone exchanges and handle several thousand calls every month between the company’s employees and their external stakeholders. Because of the massive investment made by companies in this setup, the management boards are often reluctant to make significant new investments in this area. It is often seen as a cost center that is not worthy of any significant investment.
This could however prove to be a very costly mistake.A survey conducted by telecommunications company Telfree in South Africa showed that a majority of businesses believed their telecommunication systems were outdated. It’s not a very different scene among SMBs in other parts of the world either. According to a report published by AllStream, one of the leading SIP trunking providers in Canada, businesses that migrate from these legacy telecommunication systems to modern virtual PBX or SIP based telecommunication systems often see savings of as much as 40%. Having said that, cost is just one of the many reasons why businesses must make the switch to SIP telephony. Here are a few more advantages that such IP telephony systems offer.
Scalability
In a legacy setup, every new workplace needs to be deployed with a PBX system. Additionally, every telephone line needs to be integrated with this telephone exchange which is then used to communicate with the outside world. This is an expensive model especially for businesses that are looking to scale rapidly since the costs can add up quite quickly. With a virtual PBX system, every business location needs just one IP connection. Using this, a virtual PBX may be set up that can connect as many telephone lines as required at a much lower cost.
Bandwidth Utilization
Regardless of what telephone systems your business uses, internet connectivity is a critical necessity at all workplaces. Business internet connections are often quite extensive and offer bandwidth that are much higher than what is available for domestic users. This bandwidth may be better optimized if the voice calls too are routed through this network instead of requiring independent installations.
Centralized Hardware Infrastructure
An SIP trunking service helps in simplifying the IT operations of your business quite significantly since it eliminates the need for PRIs and PBXs at most locations. Also, thanks to the hosted PBX systems, you may ensure that all hardware deployments are made at one centralized location making it possible to save significant amount of time and resources in maintaining these deployments.
One of the areas where costs are overlooked is communication. Large businesses typically have complex PBX systems deployed at the workplace. These systems work as private telephone exchanges and handle several thousand calls every month between the company’s employees and their external stakeholders. Because of the massive investment made by companies in this setup, the management boards are often reluctant to make significant new investments in this area. It is often seen as a cost center that is not worthy of any significant investment.
This could however prove to be a very costly mistake.A survey conducted by telecommunications company Telfree in South Africa showed that a majority of businesses believed their telecommunication systems were outdated. It’s not a very different scene among SMBs in other parts of the world either. According to a report published by AllStream, one of the leading SIP trunking providers in Canada, businesses that migrate from these legacy telecommunication systems to modern virtual PBX or SIP based telecommunication systems often see savings of as much as 40%. Having said that, cost is just one of the many reasons why businesses must make the switch to SIP telephony. Here are a few more advantages that such IP telephony systems offer.
Scalability
In a legacy setup, every new workplace needs to be deployed with a PBX system. Additionally, every telephone line needs to be integrated with this telephone exchange which is then used to communicate with the outside world. This is an expensive model especially for businesses that are looking to scale rapidly since the costs can add up quite quickly. With a virtual PBX system, every business location needs just one IP connection. Using this, a virtual PBX may be set up that can connect as many telephone lines as required at a much lower cost.
Bandwidth Utilization
Regardless of what telephone systems your business uses, internet connectivity is a critical necessity at all workplaces. Business internet connections are often quite extensive and offer bandwidth that are much higher than what is available for domestic users. This bandwidth may be better optimized if the voice calls too are routed through this network instead of requiring independent installations.
Centralized Hardware Infrastructure
An SIP trunking service helps in simplifying the IT operations of your business quite significantly since it eliminates the need for PRIs and PBXs at most locations. Also, thanks to the hosted PBX systems, you may ensure that all hardware deployments are made at one centralized location making it possible to save significant amount of time and resources in maintaining these deployments.