5 Signs It’s Time To Upgrade Your Business Communications

Communication is vital in any business. Whether you are talking to customers or internally to employees, ensuring your company has an efficient and reliable local service provider is essential to make sure business operations run smoothly. Fortunately, communication technology has been advancing in recent years and in turn, giving your company more options for improving systems such as office phone solutions, Voice over Internet Protocol (VoIP) and extending flexibility within your organisation through virtual office solutions.

If you’re one of the many businesses that have felt trapped in current communications contracts or are unsure where to turn to compare services for your business, it might be time to consider the impact of upgrading your business communications to improve everything from productivity and reliability. There are several alternatives to RingCentral and similar Internet phone services for business. However, there are few things to weigh up before you decide on the right package for you.

Cost is one of the main features of IP phone providers, and it’s important to compare VoIP providers to see which package is the best fit for your company. But, there are some other areas to think about when deciding to switch including:

Expanding your current business communication requirements

If your company is growing, then you’ll need a package that can be tailored to your requirements. Many organizations have outdated systems that can’t grow with business expansion. If you’ve added new locations to your portfolio, employed more staff or need more advanced system options, an inflexible VoIP solutions provider could hinder your productivity.

Using your IT talent effectively

Your IT department is an invaluable resource. However, many companies are unable to realise its full potential if it’s continually fighting everyday administration due to inefficient systems. By upgrading your business communications, IT resource will be freed up for projects that improve your company and maximise its potential.

Changing needs of your business

The business world is ever-changing, and keeping up can be challenging. Some areas of your business may be more complicated with different vendors providing a variety of services. In this case, you could be using up vital investment to keep old systems held together when, in fact, upgrading to a hosted cloud telephony company could offer a flexible and reliable alternative.

Maintenance costs

Every area of your business requires costs for day to day running. However, if your central office phone systems cost more and more each year or a complete overhaul of older solutions is significant, it’s the perfect time to think about how new technology could help you save money in the long term. By holding onto older systems, you face substantial maintenance bills and significant outlay when things go wrong. Local service provider solutions can provide support and advanced technology within a package suited to your needs and budget with minimal downtime.
Training staff

Investing in company training is essential to ensure everything runs smoothly. However, if you’re running an older PBX system, on-going training can be complicated and largely a waste of time. New solutions require less training and are more intuitive compared to previous platforms. This, in turn, frees up employees to focus on innovating to improve your company.

Why doing business locally is important to the economy?

Historically, telephony systems were only provided by larger corporations and offered fewer options for growing companies. The advancement in technology is changing the business communication landscape and providing your business with reliable local service providers to support your business.

Our effective VoIP services are suitable for business that want to scale efficiently as your business grows. Plus, we provide a flexible API and all-in-one pricing structures so you can allocate appropriate budgets to keep an eye on those essential business costs.

Choosing a local VoIP provider also gives you a friendly and approachable solution to your IT requirements, and ensures you have someone on-hand to answer your queries. These solutions allow you to control costs and services more closely, and any extras or additional resource can be discussed to ensure it’s right for your company needs.

Due to the intuitive features of our UI, excess training will also be a thing of the past, which frees up your employees to concentrate on other areas to boost productivity. You may also be able to reallocate vital engineering resources to other projects to innovate throughout your company.

If your company is looking to upgrade and can relate to any or all of the above issues regarding your current communication systems, contact us today to find out more about how we can help you improve efficiency and productivity within your organization.

Stocks extend gains on strong job creation, trade progress

U.S. stocks jumped Thursday following better-than-expected jobs data and news that American and Chinese trade negotiators have set another round of talks for next month.

Private employers added 195,000 jobs in August, according to the latest ADP National Employment Report, surging past analyst expectations of 149,000 even as recession fears continue to mount. Most hiring took place in the service-providing sector, with 184,000 new jobs created. Manufacturing hiring remained fairly steady, with 8,000 jobs added.

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Younger Workers Report Biggest Gains in Happiness With Pay

The share of American workers satisfied with their paychecks rose last year, and “the biggest leap came from millennials and Generation Z, whose enthusiasm for their compensation shot from 36% in 2017 to nearly 46% a year later,” Lauren Weber reports for The Wall Street Journal.

“In all, nearly 54% of U.S. workers said they were satisfied with their jobs in 2018, the highest share reported in more than two decades.”

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Editorial: Boom time: When the stock market does reflect the real economy

It’s often said that the stock market is not the real economy, meaning: Wall Street traders make educated guesses about the future, so don’t read too much into this or that moment’s results. Stocks bounce around. GDP numbers, hiring and other data better reflect the nation’s health.

But if the stock market isn’t the real economy, it’s real life for tens of millions of Americans who have 401(k), IRA or other retirement savings. If you’re one of those people, check your mailbox or online account for second-quarter results to get a satisfying jolt: Your balance is rising. Because the economy continues to grow, and add jobs at a fast clip, 10 years into a record expansion. At this juncture, the stock market reflects the real economy.

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7 Trends for Investors in the Second Half of 2019

What to expect this summer and fall.

The first half of 2019 was a wild one for investors, with the S&P 500 gaining an impressive 17%. The ride wasn’t always a smooth one, with concerns over slowing economic growth and an ongoing trade war between the U.S. and China creating volatility in the market. So far, fears over a U.S. recession in 2019 have proven unwarranted, but investors are understandably concerned about what’s coming in the second half of the year. Here are seven predictions about what investors can expect from the LPL Research team.

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Stock Market Forecast: Will Trade War Spoil A Strong First Half Of 2019?

After stocks’ seemingly strong start to the year and minor correction in May, investors have reason to be satisfied with the market’s 2019 performance. But by some measures, the stock market is lagging after shaking off the Q4 bear market. And trade wars and interest rates remain huge risks that loom large in the stock market forecast for the next six months.

The trade standoff between President Trump and Chinese President Xi Jinping weighs heavily on the stock market outlook for the rest of 2019. (Nils Davey)

As the second half of 2019 starts, trade troubles still gnaw at investors. President Donald Trump said Tuesday he will have an extended meeting with Chinese President Xi Jinping this month. But the issue is clouded with uncertainty. Barely a month ago, Trump threatened tariffs on Mexican imports, not because of trade issues but rather immigration control.

Investors hope the Federal Reserve will cut interest rates in the second half of the year to offset the effects of a tariff outbreak. Stocks are rising again on favorable chances for at least a couple of interest-rate cuts.

What can we expect in the next six months of 2019?

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Build the Wall

Can America solve its illegal immigration problem both justly and humanely? Yes, but it requires first building a border wall. Washington Post columnist and Pulitzer Prize-winning author Charles Krauthammer explains why.

Merkel Says Europe Can No Longer Rely On Others

German Chancellor Angela Merkel said Europeans could no longer completely rely on others, and must take their fate into their own hands. She told an election rally in Munich on May 28 that her experiences “in the last few days,” during which she attended NATO and G7 meetings, had convinced her of this. Her comments have been widely interpreted as meaning that after the U.S. election and Brexit vote, Washington and London were less reliable partners — though she insisted “friendship” would be maintained with both countries.