12/6/2011 12:43 PM

Conference calls offers companies a cost-effective alternative to in-person meetings. Phone meetings allow teams to collaborate without incurring travel costs, moving personnel, or paying for other expenditures associated with face-to-face meetings.

Unarguably, conference calls is the most economical way of working together no matter the location of the participants. Companies can even save more on operational costs by making each phone meeting as cheap as possible. Below is a list of factors to consider when companies are trying to minimize expenses on a meeting by phone.

Low call rates

One will be amazed at the numerous options if one searches online for, “conference call providers,” It is difficult to determine which service provider offers the best rates. One telephone company may charge you $0.20 per minute per connection. Another many charge you a flat rate of $50 for every 500 minutes of a call with up to 10 connections at a time. Another may charge you $75 for every 1000 minutes of a call with up to 20 connections at a time. Securing the best rate is the first step towards making every phone meeting less expensive.

Toll-free account

Meeting by phone on a toll-free line is a lot cheaper than on regular phone line. Sign up for a toll-free conference account to reap hefty savings on operational expenses. Typically, subscriptions on an annual basis incur cheaper fees than subscriptions on a monthly basis, but take advantage of either option only if conference calls is needed frequently. Otherwise, it is wisest to choose a pay-as-you-go plan.

Package deal

A service package deal allows a business to have conference calls with X number of people for X number of minutes at a fantastic low price. Company Y, for example, may charge you $100 for every 2,000 minutes of phone meeting with up to 50 people. Some telephone conference companies may even offer freebies, such as free long distance calls.

A low-cost phone meeting can be achieved if one researches extensively before signing up with a service provider. Remember to sign up with a service provider that has the best rate or meeting by phone plan to save the most money.

Conference Worldwide is one of the most affordable teleconference services online. They offer many cost-cutting features that will benefit any company, including low-cost toll-free lines, cheap package deals and fixed flat rates.

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