Conducting an audio conference requires a conference bridge. This can cost thousands of dollars, plus more for maintenance, if your company chooses to purchase one. That's a big "if."
A more cost-effective way to audio conference (while keeping your arms and legs) is to outsource the conference call to a conference call provider.
Conference call providers charge in two basic ways:
- Pay-As-You-Go: A pay-as-you-go plan lets you pay only for what you use, usually per minute. For just about 3 to 10 cents per minute. This is best for small businesses and those who do audio conferences for only a few hours a month.
- Unlimited Monthly Plan: An unlimited monthly plan charges a fixed rate every month for unlimited reservation-less conference calling. This gives businesses that do a lot of conference calls the best value.