How much does a VoIP system really cost?
Chris Wanamaker2020-09-21T21:53:30-07:00
If you’re in the market for a Voice over Internet Protocol (VoIP) phone system, you’re bound to come across solutions with similar features and add-on services. Some may offer a combination of these at a lower cost, so you might be tempted to go for the most affordable option. But don’t just base your decision on the initial price of the VoIP system. It’s essential that you also consider its total cost of ownership (TCO).
TCO is the overall sum of procuring, deploying, and operating a VoIP system over its life cycle, which is typically five years. A VoIP expert should be able to give you an informed approximation, but here’s what to expect:
Upfront costs
Upfront costs are largely determined by whether you buy a VoIP system outright or rent it from a third party. Although the former carries a steep upfront cost, payment does not continue indefinitely. This makes sense for large, fully staffed corporations with massive budgets. Meanwhile, the latter option is better for small- and medium-sized […]
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