VoIP (Voice over IP) telephone systems are becoming more popular in business and even at home. The financial benefits with immediate and long term savings are being realized by consumers and businesses alike.
If you watch any television, you have probably seen advertisements that allow you to have a home phone with unlimited calling for under $10 a month. You might have even seen an under $20 per year home phone service.
Considering the average cost of around $25 a month for a home phone line, the immediate savings are quite apparent. Also, don’t forget all the additional fees , taxes and other charges you will be paying, as some of these may not apply to your VoIP service.
On top of this, don’t forget you can keep your existing home phone number.
By moving to a VoIP phone system, a business can save long-term on the cost per extension that is associated with a dedicated phone system. Maintenance per port on a conventional phone system can be quite expensive.
Since VoIP systems are basically a computer connected to your network, the per-port costs are extremely low for maintenance and are usually limited to the physical desktop phones. Plus, you can use your existing Ethernet lines in most cases, as a majority of the VoIP phones have Ethernet ports where you can plug in your computer.
Maintenance costs for T1, PRI, ISDN and other high capacity voice cards are also pricy.
The costs associated with the monthly telco charges for T1, PRI and ISDN can be prohibitive, especially if you are a long distance from the CO (Central Office). Highcap line costs are usually distance sensitive.
While you can keep your existing high capacity lines with most VoIP phone systems, you can save even more money. By using SIP trunks, you can give the boot to those expensive T1, PRI and ISDN lines and start saving immediately.
Just make sure you do this at the end of any existing contracts. If you do not do so, you might wind up paying an early termination fee. Depending on the company from who you get your SIP trunks, they may pay your early termination fees to gain (or keep) your business.