How Much Money Can You Save Switching to Hosted VoIP?

save money hosted voip
by Jive Guest Author     Thursday, June 14th, 2018.

If you’re considering ways to reduce your monthly expenses, it’s worth looking into trading your legacy phone system for Hosted VoIP.

Between upfront investment costs and maintenance expenses, traditional phone systems can be very expensive. It also happens to be one of the most overlooked business expenses. After all, you need phones to run a successful company.

According to reports, businesses typically see a cost savings of about 50 to 75 percent after switching to VoIP. That’s a significant amount of money saved, which could be invested in other areas of your business. How exactly is Hosted VoIP able to do this?

#1.  No major investments on hardware

Legacy phone systems need a lot of on-premise hardware. This is why it typically requires an expensive, up-front investment. In addition, every single feature you want to be added to your phone system will have to be purchased and added to your in-house platform. For example, if you want to use an auto-attendant, you will have to purchase the necessary hardware to support that functionality.

Hosted VoIP, on the other hand, is software that runs on the cloud and requires no physical on-premise hardware. It works with the existing devices in your office, such as a desktop or smartphone. You also have access to multiple features without having to pay for additional service fees or upgrades.

#2. No need to spend on maintenance

Like any other form of technology, phone systems are prone to failure. This is why a lot of companies have to budget for in-house, dedicated teams to address possible repairs. In addition, legacy phone systems have specific parts that are usually expensive or hard to find.

Hosted VoIP systems, are deployed on the cloud, means businesses don’t have to worry about managing hardware failures or other maintenance issues themselves. This should be the responsibility of a reliable service provider for your company.

#3. Minimal calling fees

Traditional landlines require businesses to pay monthly fees. Depending on your plan, you’ll likely be charged for the volume of calls you make, or whenever you make long distance phone calls.

VoIP technology allows users to make calls over the Internet. For a fixed amount, you can make local and international calls at a significantly lower cost than legacy phone systems. In fact, the most reliable providers provide clear and simple pricing strategies that support unlimited use of numerous features at no added cost as well.

#4. Upgrade at no additional cost

When you’re maintaining and using on-premise phone systems, any kind of upgrade means you will require a service team to install the necessary hardware. This means you will be paying extra for it.

With Hosted VoIP services, your system can stay up to date at no extra cost. Your provider should be able to provide any upgrades that need to be deployed to your phone system, allowing you access to the latest features seamlessly.

These are just some of the basic ways switching to Hosted VoIP can save you money. Choose a reliable and trusted provider that offers more comprehensive features and simple, easy to understand payment plans to save even more.  

Jive offers the easiest and most affordable option for your business communication needs. Jive can help you build a cloud-based phone system using a straightforward pricing system that gives you access to mobile, desktop and web applications that cans streamline your business communication needs.

To learn more, you can download our whitepaper or blog post comparing cloud and on-premises costs.

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