Estimating the financial benefits of conference calling

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Although teleconferencing services have been around for a while, some companies tend to ignore it in favour of email and chat programs. However, neither email or chat programs can be as beneficial as conference calls. Both forms of communication can be un-engaging for busy people, to say the least. For companies that believe in face to face meetings, they can be difficult to co-ordinate, time consuming, and most importantly, very expensive. Travel, accommodation, and other utility expenses for participants that are from out of town can make a big dent in a company's budget. This is why conference calling is the ideal alternative and has the potential to become a potent business communication tool.

Several people can join in a teleconference and speak to each other without the need to leave their desk or sit in a conference room. Most things that save time also save money, which is true in the case of teleconference services. While employees do not need to spend large amounts of time travelling to attend face-to-face meetings, expenses automatically reduce. Attending international meetings needn't be a burden on companies when you have an affordable alternative in conference calling.

For businesses in a global marketplace, the financial benefits of teleconferencing are particularly high when you consider international travel and lodging expenses. A company representative that is required to present a proposal in another country will have a host of expenses to deal with. In addition, the risk of the proposal being rejected also looms large. Rather than waste money on such meetings, proposals can be presented via conference calls and save the company plenty of time and money.

Smaller meetings also pose the same inconveniences with considerable time and money spent on arranging lunch or dinner conferences. In this case, companies can resort to conference calling as a cheaper alternative where participants remain at their location. All that is required is a mobile phone or a landline for participants to have access to a teleconference. With the push of a button, all the participants are linked together, where each one has their turn to make their representation.

A number of conference Call providers offer free trials and discounted membership plans. Providers like 03TALK offer a host of customised user-friendly features for customers to enjoy superior quality conference calling. It is important for businesses to take advantage of this technology and save money that can be well spent in other areas of their business.

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Kieron James has 10 articles online

Kieron James is the CEO of 03talk which is a trading name of Zimo Communications Limited, a UK digital communications company established with quality of service as its principal objective. For more information please visit

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Estimating the financial benefits of conference calling

This article was published on 2011/09/08