With time, conference calls are beginning to substitute business meetings. More and more organizations are beginning to realize the value of conducting meetings via conference calls. Conference calls allow organizations to save on a good deal of time and money that could be put to better use. The organization ends up saving on the travel expenses that will be incurred in transporting delegates to the conference room. It also saves on the air fare and hotel bills that would be come necessary in the case of foreign participants. This is a good thing, because most business organizations are keen to reduce expenditure in order to maximize their profits.
Moreover, one can never downplay the role of the time saved. Commutes to and from a place tend to be really tiring. But conference calls eliminate the need to move from the office chair. Whether one is working from office, or from home, or from a room in a cottage in an exotic land, conference calling is a great way to discuss matters that are of great urgency. One does not lose out on time. Delays are minimized. And the energy that is saved can be put to better use at the end of the day.
However, in addition to the...