Jimmy Parchment
Student ID 59996
BAM 225
Information Management
Unit 2
3. What are the business advantages of using voice over IP (VoIP) technology?
As business are trying to stay afloat or even if they are just trying to minimize costs, it is important to look at how they can do this through one of the most expensive costs, technology. Switching to Voice over IP (VoIP) could be one of the best money saving options businesses can look at. While it may be slightly costly to switch to, the long term savings and ease of communicating will far exceed the expense paid up front.
VoIP has many different benefits for companies. First a company can save money by eliminating costly fees for making outbound phone calls. Most businesses that use a traditional phone line are set up on a business phone line. Unlike a residential phone line, there are fees for both local and long distance calls. Using a VoIP service can eliminate or minimize both of these fees.
Businesses who utilize this service will also save money on travel expenses. VoIP services have also transformed the way we think and attended business meetings and how we hold presentations. Services such as FaceTime, Skype and other services, have allowed companies to save on travel expenses as employees no longer have to travel to other locations to hold a

Jimmy Parchment
Student ID 59996
BAM 225
Information Management
Unit 2 meeting or give a presentations. Instead they can use these services to upload a PowerPoint and have multiple people join a conference call.
Lastly, companies are able to be more efficient and become an attractive place to work for employees. They are able to have employees that work from home and not have to pay for the expensive set up costs of running the network into their home. This expands the companies’ ability to offer attractive employment and minimize costs all at the same time.
In this day and age, where most businesses are forced to look at the bottom line, VoIP services are certainly a costs saver. Lowering costs for phone services, enabling the employee to not have to travel and to even offer work from home options all help companies save money and attract better quality employees. By spending the money to convert to this technology, this just may be the thing that keeps the business afloat.