If you’re a startup, then you’re no doubt looking for a bit of well-deserved downtime over the festive season. Yet, any good entrepreneur knows that there’s no chance of rest if plans aren’t in place for your future success. Planning for the future should include a strategy that maximises your output while keeping costs down, and when it comes to communication, Hosted PBX is it.
What is Hosted PBX?
Hosted PBX – short for Private Branch Exchange – is a fantastic communication system that enhances internal and external communication for startups and entrepreneurs. The service is hosted which means you don’t have to worry about installing it, operating it, or maintaining it, everything is taken care of by the professionals.
How Does Hosted PBX Help Startups and Entrepreneurs?
Communication in business operations is key, but why should you consider a hosted PBX system over any of the other options out there? Here’s a look at some of the practical ways a hosted PBX could benefit your business.
1. Hosted PBX is affordable
When you’re starting a new business, you want to keep the costs low until the funds start coming in and you’re able to invest back in the business comfortably. The hosted PBX system delivers on this front as it doesn’t require any expensive hardware, plus the service provider carries the financial responsibility of equipment, maintenance, and data hosting. You simply pay a monthly or annual fee aligned with your business requirements, so you’re only paying for what you need. Another important cost-saving benefit is calls. The system uses a VoIP system which allows for cheaper calls than those made on landlines.
2. Hosted PBX is flexible
If you go with a cloud-based hosted PBX system, you will also enjoy the flexible communication solutions if you want to change. You might have a business plan, but not everything goes according to plan – the past few years have shown us this – so to increase your business resilience, going with a flexible solution like hosted PBX is a great option. If you decide to move your business, switch to a work-from-home model, or increase or decrease your business lines, a hosted PBX system can accommodate you without additional costs.
3. Hosted PBX has innovative features
Communication systems have evolved rapidly over the past two decades, with features becoming an important way to expand communication offerings. The hosted PBX system comes with as many features as you want or need – and you can always cut down on those you find aren’t benefitting your business. With hosted PBX, you can access all the features available from your service provider at no extra cost such as Call Control, Voice Menu, Time Conditions, Call Recording, Queue, and Wallboards.
4. Hosted PBX gives you business insight
One of the most important business tools in the modern-day era is data. This can be collected from across all digital systems, with hosted PBX one of them. You will have access to real-time statistics and monitoring such as information related to missed calls, call rates, subscription costs, and more. Through a reporting tool, you can collate data, organise it, and present it in a visual such as pie charts and other graphs.
5. Hosted PBX keeps your business secure
Where there’s data, there’s a risk of cybercrime! Even if you’re a startup, you need to protect both your and your clients’ data, which is why hosted PBX is first prize. The system comes with top-quality security and your service provider will handle the software upgrades, firewall, and security patches so that you’re constantly protected.
Rest assured that if you’re partnering with ECN as a service provider, you can enjoy the business-enhancing benefits of hosted PBX without any of the hassles. Get in touch now so your business is in the best possible position going into 2024.