Businesses have always used conference calls as one of the most cost effective means of communicating with employees, customers and business partners who are spread all over the world. And they do that without even stepping out of the office. This saves a lot of time and money on travel and accommodation, especially if the people you need to communicate with on a regular basis are not based out of your local office.
Call conferencing is used extensively to gather members of a project team to get daily updates, immediate feedback about a businesses decision etc. Through a voice conference, miscommunication is eliminated because all delegates can be present at the meeting. There is no dilution in communication as is expected when someone relays the information or even when it is read from a written summary.
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