World Vision has seen significant cost savings as a result of its RingCentral deployment.
Over a million-dollar capital cost avoidance. Boyd evaluated what it would have cost to replace the previous combination of phone systems with an on-premises PBX. By going with a UCaaS solution instead, World Vision avoided a capital expense of over a million dollars. The organization also avoided the $350,000 cost of upgrading its existing video conferencing equipment by using RingEX™ (with users’ laptop computers connected to high-end video cameras) instead.
One FTE salary. The ease of administration with RingCentral eliminated the need for on-site PBX skills. “We now are running our RingCentral system with technical people who don’t have extensive telephony experience,” Boyd says. “RingCentral staff manage the infrastructure, DIDs, calling plans, etc. This leaves us with user accounts, phones, and also creating/maintaining ACDs and IVRs, which do not require specialized skill sets with RingCentral.”
Savings of $7,500 in monthly audio and web conferencing fees. These were eliminated by the availability of RingEX.
Mobile phone costs and international calling charges. The availability of the RingCentral Phone™ app means that most people can now use their personal mobile phones to answer their desk phone. “That has helped us reduce the number of cell phones we deploy, as users can now access their business phone number on a personally owned cell device,” says Boyd. Also, users can make most of their international calls over Wi-Fi, greatly reducing those previous charges.
World Vision US looked at a standard five-year cost analysis on the RingCentral investment, and the break-even point turned out to be much shorter than expected—only 14 to 15 months. “That’s an incredible ROI,” he notes. “With RingCentral, we break even inside of two years and we get an extensive cloud-based collaboration platform out of the deal.”
World Vision views the cost savings made possible by RingCentral in light of the organization’s overall motivation for reducing costs. “It’s not to improve company profits that we look for cost efficiencies,” Boyd says. “One of the great things about my job is any cost savings we achieve result in money going directly to the field. In that sense, too, RingCentral is of great value.”