How a VoIP System Can Help Grow Your Business

The technological landscape is constantly shifting and business owners who want to get ahead need to understand the latest advancements. VoIP Systems are a new type of phone system that relies on the internet to send voice and text communications. They also offer a variety of other features and integrations that can be useful to grow businesses. A study published in 2020 found that there will be a 90% reduction in startup costs for small businesses that use VoIP. Here is a look at this exciting new technology and how it can benefit your business.

What is VoIP
VoIP stands for Voice Over Internet Protocol and refers to an internet-powered phone system. VoIP is typically used in a business capacity, however, more and more residential users are switching to a VoIP System because of the flexibility and affordability it offers. VoIP allows you to make calls from a variety of different devices including a computer a special VoIP phone or a traditional phone that uses a special adapter. The major benefit of VoIP is that you can send and receive calls anywhere you can get a Wi-Fi signal, without the necessity of having to connect to a phone line.

What are the Benefits of VoIP?
VoIP Systems offer flexibility and a range of features. Some of the most popular features offered by VoIP systems include:
. Conference calling and video chat features
. Auto attendants
. Voicemail transcriptions
. Call forwarding
. Metrics and call data

Because VoIP systems use the internet, they are better equipped to integrate with other powerful digital technologies that can improve your workflow and customer relationships. They also offer flexibility and scalability that can be useful to grow businesses. So, if you need to add lines for new employees, or subtract lines for team members who are working from home, VoIP makes it simple.

How Much Does VoIP Cost?
Like anything else, the cost of a VoIP Service depends on the provider and the host of features that are included. But in general, VoIP Services are much more affordable than traditional landlines and offer flexible monthly subscriptions, opposed to strict contract commitments. For instance, the Ooma Business VoIP — a leading provider of VoIP Phone systems in Canada — starts at just $24.99 / month per user. Compared to a landline, which can typically cost around $100 / month per user, this monthly savings can do wonders for a new business. Not to mention, there are no extra fees associated with long-distance or international calling as long as both parties are connected to Wi-Fi, which can be a major source of savings for companies who do business all over the world.

VoIP is an exciting new technology that all business owners should understand if they want to compete in today’s landscape. If you are starting a new business or looking for ways to cut costs for your existing company, you should seriously consider a VoIP Phone System.