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Videoconferencing a useful tool for cutting travel expenses
July 1, 2010

New telecommuting technologies present a cost-cutting opportunity for businessesFocusing on sustainable practices not only strengthens a company’s perception with the public, but it can help it save on annual expenses. The Globe and Mail released a report on Wednesday stating investment in videoconferencing technology is one of five unique strategies through which an organization can reduce its expenditures while also being kind to Mother Earth.

With the economy still in the beginning stages of recovery, companies are looking to cut unnecessary expenditures whereever they can. Evolving their travel policies may be a good place to start.

Using videoconferencing enables companies to maintain strong relationships with clients in various locations without having to continually book costly flights and hotels. Instead, a company can make a one-time investment in videoconferencing technology and be able to connect with clients, as well as employees who work from home, the report stated.

Businesses can set up the new technology on their computers, then connect their systems to a HD television, LED monitor or DLP projector and be able to communicate with individuals in high-quality displays.

As communication companies recognize how businesses are changing their spending habits, many like Skype and Oovoo have begun releasing products aimed at professionals. The latest Skype version features multi-party video chat, which will allow business leaders to conduct online meetings with numerous employees being able to participate.ADNFCR-3190-ID-19869863-ADNFCR
 

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