{"id":53,"date":"2012-05-11T19:18:46","date_gmt":"2012-05-11T19:18:46","guid":{"rendered":"http:\/\/convergedsystems.com\/blog\/?p=53"},"modified":"2018-10-09T11:57:34","modified_gmt":"2018-10-09T16:57:34","slug":"how-videoconferencing-can-save-companies-money","status":"publish","type":"post","link":"https:\/\/www.convergedsystems.com\/blog\/how-videoconferencing-can-save-companies-money\/","title":{"rendered":"How Videoconferencing Can Save Companies Money"},"content":{"rendered":"<p>The recent global economic downturn showed the business world the precarious manner in which finances were handled by large and small organizations alike. The situation was especially dire in the case of small businesses which found it particularly difficult to cope with the volatile economic conditions and unstable ratios of demand and supply.<\/p>\n<p>The lessons that most small scale business have taken from the recent global economic downturn is to save money wherever and however possible. One of the best ways to save money for a company, whether large or small is the use of <a title=\"LifeSize Videoconferencing\" href=\"http:\/\/convergedsystems.com\/lifesize.html\" target=\"_blank\">videoconferencing<\/a>. Here are some ways that videoconferencing can help a company save a lot of money.<\/p>\n<p>1.\u00a0 Traveling and accommodation costs are nullified:<\/p>\n<p>The most obvious way that money is saved due to videoconferencing is the cost of traveling being cancelled out due to the employees not needing to travel. In other words, as employees are attending meetings from their desks, any money spent on traveling to and staying in another city can be saved.<\/p>\n<p>&nbsp;<\/p>\n<p>2.\u00a0 Downtime of traveling employees is removed altogether:<\/p>\n<p>The time that an employee spends while traveling from point A to point B can be seen in terms of a period where the employee is being paid but not doing any work. This downtime of employees can be avoided entirely if the employee does not have to travel to various locations and can instead just attend meetings from the comfort of his office through <a title=\"Polycom Videoconferencing\" href=\"http:\/\/convergedsystems.com\/polycom.html\" target=\"_blank\">videoconferencing<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>3.\u00a0 Costs of individual training teams for each branch can be eliminated:<\/p>\n<p>Many companies have special training teams for each of their branches. The colossal cost of maintaining multiple training teams can be easily removed if every branch is equipped with videoconferencing. With the help of videoconferencing, a single training session can be held and every branch can be connected to it by videoconferencing.<\/p>\n<a class=\"synved-social-button synved-social-button-share synved-social-size-32 synved-social-resolution-single synved-social-provider-facebook nolightbox external\" data-provider=\"facebook\" target=\"_blank\" rel=\"nofollow\" title=\"Share on Facebook\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.convergedsystems.com%2Fblog%2Fwp-json%2Fwp%2Fv2%2Fposts%2F53&#038;t=How%20Videoconferencing%20Can%20Save%20Companies%20Money&#038;s=100&#038;p&#091;url&#093;=https%3A%2F%2Fwww.convergedsystems.com%2Fblog%2Fwp-json%2Fwp%2Fv2%2Fposts%2F53&#038;p&#091;images&#093;&#091;0&#093;=&#038;p&#091;title&#093;=How%20Videoconferencing%20Can%20Save%20Companies%20Money\" style=\"font-size: 0px;width:32px;height:32px;margin:0;margin-bottom:5px;margin-right:5px\"><img loading=\"lazy\" decoding=\"async\" alt=\"Facebook\" title=\"Share on Facebook\" class=\"synved-share-image synved-social-image synved-social-image-share\" width=\"32\" height=\"32\" style=\"display: inline;width:32px;height:32px;margin: 0;padding: 0;border: none;box-shadow: none\" src=\"https:\/\/www.convergedsystems.com\/blog\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/64x64\/facebook.png\" \/><\/a><a class=\"synved-social-button synved-social-button-share synved-social-size-32 synved-social-resolution-single synved-social-provider-twitter nolightbox external\" data-provider=\"twitter\" target=\"_blank\" rel=\"nofollow\" title=\"Share on Twitter\" href=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fwww.convergedsystems.com%2Fblog%2Fwp-json%2Fwp%2Fv2%2Fposts%2F53&#038;text=Hey%20check%20this%20out\" style=\"font-size: 0px;width:32px;height:32px;margin:0;margin-bottom:5px;margin-right:5px\"><img loading=\"lazy\" decoding=\"async\" alt=\"twitter\" title=\"Share on Twitter\" class=\"synved-share-image synved-social-image synved-social-image-share\" width=\"32\" height=\"32\" style=\"display: inline;width:32px;height:32px;margin: 0;padding: 0;border: none;box-shadow: none\" src=\"https:\/\/www.convergedsystems.com\/blog\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/64x64\/twitter.png\" \/><\/a><a class=\"synved-social-button synved-social-button-share synved-social-size-32 synved-social-resolution-single synved-social-provider-linkedin nolightbox external\" data-provider=\"linkedin\" target=\"_blank\" rel=\"nofollow\" title=\"Share on Linkedin\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&#038;url=https%3A%2F%2Fwww.convergedsystems.com%2Fblog%2Fwp-json%2Fwp%2Fv2%2Fposts%2F53&#038;title=How%20Videoconferencing%20Can%20Save%20Companies%20Money\" style=\"font-size: 0px;width:32px;height:32px;margin:0;margin-bottom:5px\"><img loading=\"lazy\" decoding=\"async\" alt=\"linkedin\" title=\"Share on Linkedin\" class=\"synved-share-image synved-social-image synved-social-image-share\" width=\"32\" height=\"32\" style=\"display: inline;width:32px;height:32px;margin: 0;padding: 0;border: none;box-shadow: none\" src=\"https:\/\/www.convergedsystems.com\/blog\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/64x64\/linkedin.png\" \/><\/a>","protected":false},"excerpt":{"rendered":"<p>The recent global economic downturn showed the business world the precarious manner in which finances were handled by large and small organizations alike. The situation was especially dire in the case of small businesses which found it particularly difficult to cope with the volatile economic conditions and unstable ratios of demand and supply. The lessons&#8230; <a class=\"moretag\" href=\"https:\/\/www.convergedsystems.com\/blog\/how-videoconferencing-can-save-companies-money\/\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-53","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Videoconferencing Can Save Companies Money - Converged Systems Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.convergedsystems.com\/blog\/how-videoconferencing-can-save-companies-money\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Videoconferencing Can Save Companies Money - Converged Systems Blog\" \/>\n<meta property=\"og:description\" content=\"The recent global economic downturn showed the business world the precarious manner in which finances were handled by large and small organizations alike. 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