Videoconferencing vs. Travel Cost Analysis Tool

Author(s): Jayanth Angl

Many multi-site organizations require extensive company travel in order to support monthly internal meetings. Given advances in videoconferencing, it may be time to consider virtual meetings as a more efficient alternative. This tool enables enterprises to evaluate their current meeting travel costs and gauge the potential benefit associated with a videoconferencing investment.

Use this tool to:

  • Determine the average direct monthly travel costs incurred to facilitate company meetings.
  • Estimate the average monthly indirect costs associated with meeting travel due to lost productivity.
  • Project the approximate payback period that the organization can expect with an investment in videoconferencing.

Follow the instructions outlined in each tab to complete the evaluation.