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Conference Calls

Overview

In this world of business, people may find it difficult to coordinate meetings with their busy schedules. Phenomenal changes in technology have made it possible for businesses to hold a meeting with just a phone call. This is called teleconference technology. In a conference call, you have multiple callers on the same line. When one person says something, it is transmitted to everyone else participating in the call. However, there is a limit on the number of people talking at a time.

How it Works

Conference calls can be divided into audio conferencing calls, video conferencing calls and web conferencing calls. You can choose whatever meets the needs of your business. Conference calls may also include a number of individuals in the same room communicating with multiple individuals located in another room. A speakerphone is most commonly used for such a conference call. Conference calls also incorporate communication between multiple individuals in multiple different locations using a feature like "three way calling."
Most phone companies provide plans for conferencing calling. In addition to the phone service provider, there are also companies which provide the service over the phone. Most of these teleconferencing companies can provide internet based services as well. The plans that are available will not cost you until you start using the service.

Benefits

Conference calls do not require the purchase of any additional equipment. Teleconferencing is usually handled by the phone company, and so anyone who has a telephone can avail the benefits of this technology. Conference calls enable the management to control personnel located at a far distance. It saves them a lot of time and money on business travel. They can conduct meeting through teleconferencing and keep a tab on what is going on in different locations. When multiple parties at different locations need to interact and meet to keep everyone on track, teleconferencing technology is the way to go.

Costs

The costs of conference calls vary with the length of the call, number of users, and the phone provider. Calls are usually charged by the number of minutes spoken. A conference call lasting from 30 minutes to an hour can cost anything from $50 to $150. The major portion of the cost depends on the length. Calls are mostly charged by the minute and not the number of users. It hardly makes a difference whether nine members participate or 10. Some phone providers give monthly rates or yearly rates which cover certain levels of usage. Services such as online audio conferencing and using computers and voice over IP are also, available.

Timing

Initiating a conference call is very useful when more than two callers want to brainstorm and go over new data to assign tasks for the company. You can perform conference calls at any time during business hours.