{"id":8353,"date":"2020-02-13T11:00:59","date_gmt":"2020-02-13T11:00:59","guid":{"rendered":"\/gb\/en\/blog\/?p=8353"},"modified":"2023-01-16T17:04:46","modified_gmt":"2023-01-16T17:04:46","slug":"higher-value-lower-cost","status":"publish","type":"post","link":"\/gb\/en\/blog\/higher-value-lower-cost\/","title":{"rendered":"How to Get Higher Value for Lower Cost"},"content":{"rendered":"<p class=\"lead\">It\u2019s no secret that on-site IT infrastructure is relatively costly to maintain, particularly if you have no specialist engineers on staff. Besides the initial outlay for hardware and installation, manual upgrades and line expansions add to running costs, while maintenance is expensive due to either having IT specialists on-site or paying for guaranteed service from an external supplier.<\/p>\n<p>In a world of tight margins, reducing communications costs can make a big difference to a business\u2019s bottom line. For SMBs, cloud service is a natural alternative to traditional on-premises systems, as cloud delivers all of the service with none of the additional maintenance costs. Besides the savings from not having to purchase, store and maintain rapidly-ageing hardware, businesses benefit from cloud\u2019s accessibility, allowing anyone to connect and configure communications systems simply and quickly. Self-management of cloud systems is possible from anywhere via internet connection, and adding or reconfiguring lines is much easier thanks to its avoidance of hardware.<\/p>\n\t<div class=\"cta-banner  CID-2FdM5dTp IID-69d01683204a5\"\r\n\t\tdata-dl-custom-type=\"ctaButton\">\r\n\t\t<div class=\"cta-banner-img-wrap\">\r\n\t\t\t<div class=\"cta-banner-img\" style=\"background-image:url(\/gb\/en\/blog\/wp-content\/uploads\/2019\/06\/ucaas-featured-img-2.jpg)\"><\/div>\r\n\t\t<\/div>\r\n\t\t<div class=\"cta-body\" data-dl-custom-type=\"ctaButton\">\r\n\t\t\t<span class=\"cta-sub-heading\">RingCentral Office<\/span>\r\n\t\t\t<h3 class=\"cta-heading\">Unified Communications as a Service (UCaaS)<\/h3>\r\n\t\t\t<p>RingCentral Office\u00ae offers a complete <a href=\"https:\/\/www.ringcentral.com\/gb\/en\/office\/unified-communications.html\">unified communications<\/a> as a service (UCaaS) solution with enterprise <a href=\"https:\/\/www.ringcentral.com\/gb\/en\/office\/features\/voip\/overview.html\">VoIP<\/a> capabilities.<\/p>\r\n\t\t\t<a class=\"rc-cta-shortcode btn btn-primary btn-lg\" data-dl-element=\"button\"\r\n\t\t\t\thref=\"https:\/\/www.ringcentral.com\/gb\/en\/office\/unified-communications.html\" class=\"btn btn-primary\"\r\n\t\t\t\ttarget=\"_blank\" rel=\"noopener\" data-dl-additional-info=\"Unified Communications as a Service (UCaaS)\"\r\n\t\t\t\tdata-dl-name=\"Unified Communications as a Service (UCaaS) | Learn more\">Learn more<\/a>\r\n\r\n\t\t\t\t\t<\/div>\r\n\t<\/div>\r\n\t\n<p>All of these factors came into play when London-based financial services business <a href=\"https:\/\/www.ringcentral.com\/gb\/en\/whyringcentral\/casestudies\/walker-crips.html\">Walker Crips Group plc wanted to upgrade its phone system<\/a>. The business goal was to bring more functionality to the phone system while lowering the cost of the overall service, and it was a perfect chance to put an end to the company\u2019s expensive legacy system.<\/p>\n<p><img decoding=\"async\" class=\"alignright wp-image-8357 size-medium\" src=\"\/gb\/en\/blog\/wp-content\/uploads\/2020\/02\/how-to-get-higher-value-for-lower-cost-578-300x100.png\" alt=\"How to Get Higher Value for Lower Cost-379\" width=\"300\" height=\"100\" srcset=\"\/gb\/en\/blog\/wp-content\/uploads\/2020\/02\/how-to-get-higher-value-for-lower-cost-578-300x100.png 300w, \/gb\/en\/blog\/wp-content\/uploads\/2020\/02\/how-to-get-higher-value-for-lower-cost-578.png 402w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Walker Crips Group plc is a London-based diversified financial services group employing 280 members of staff in six business units. Operating in a tightly-regulated industry means Walker Crips needs to partner with fully secure, highly reliable service providers that help the company consistently meet its obligations and manage a world-class portfolio.<\/p>\n<p>CEO Sean Lam led the overhaul of Walker Crips Group\u2019s phone system from a legacy on-premises setup, looking to improve functionality while making management easier and more cost-effective. \u201cEverything was physical, everything was on site,\u201d says Sean. \u201cEvery time we had to upgrade it was a big pain.\u201d<\/p>\n<p>Sean approached Walker Crips\u2019 incumbent provider with his desire to add functionality, such as more flexibility in recording calls, to the phone system. The provider was willing and able to fulfil the request, but not at the current price. \u201cThey could give us what we needed,\u201d explains Sean, \u201cbut it involved more equipment, and thus higher costs.\u201d<\/p>\n<p>In his search for a better solution, Sean researched 25 unified communications as a service (UCaaS) solutions, and eventually chose RingCentral, partially based on the fully cloud-based service provision. Several other aspects of RingCentral also made it stand out. \u201cRingCentral is way ahead in terms of innovation,\u201d Sean says. \u201cIt has plenty of functionality: It brings big-company systems to smaller companies. There\u2019s a lot there.\u201d<\/p>\n<p>As part of its business operation, Walker Crips is required to record phone calls as per financial industry regulations. Given the sensitive nature of such data, the company needs to rely on a secure system to record and store the call information. RingCentral helped Sean find a solution that suited the company\u2019s needs. \u201cRingCentral helped me make recording more robust for my needs by giving me access to their API,\u201d he explains. \u201cRingCentral made us a beta site so we could have access to the API before it had been formally released to Europe.\u201d<\/p>\n<p>Using the API platform, Walker Crips programmers worked with RingCentral counterparts to set up RingCentral so that it downloads call recordings to a storage array at the end of each day. \u201cThat was part one. Part two was we built our own search facility, integrating into our own CRM, using the RingCentral call reference data so that staff can pull up the calls from our own CRM system,\u201d says Sean.<\/p>\n<p>Beyond specific functionality, implementation of the RingCentral system had positive ramifications across the business. Employees across the firm can now work from anywhere, and \u201cthey are absolutely more efficient,\u201d says Sean. \u201cThey could be working from home or meeting clients where the clients want to meet. And everything is recorded centrally.\u201d<\/p>\n<p>Did the implementation meet Walker Crips\u2019 original goal of adding functionality while lowering costs? Absolutely, says Sean. \u201cRingCentral gives us a lot of control, and we have seen significant costs savings, moving from CAPEX to OPEX,\u201d he adds. \u201cInstead of needing third-party support, it provides sufficient control to do what we want to do.\u201d<\/p>\n<p>Making the transition from distributed to unified communications consolidates tools and make communications processes more efficient, while moving from an on-premises to a cloud-based system saves significant operational costs. There are plenty of <a href=\"https:\/\/www.ringcentral.com\/gb\/en\/whyringcentral\/casestudies.html\">success stories online<\/a> about how RingCentral has helped many businesses streamline their communications while saving money.<\/p>\n<p class=\"uc-expo-cta-2 text-center IId-bottom-banner-144903516 CId-bottom-banner-1098205596\"><span style=\"font-size: 24px; line-height: 30px;\">To find out how UCaaS can help your business operations, request a demo of RingCentral Office.<\/span><span class=\"text-center\" style=\"display: block;\" data-dtm-element=\"button\" data-dtm-context=\"bottom-cta\" data-dtm-additional-info=\"Request a demo RingCentral Office\"><a class=\"btn btn-primary btn-lg\" style=\"margin-top: 16px; font-weight: bold;\" title=\"Request a demo\" href=\"https:\/\/www.ringcentral.com\/gb\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-dtm-name=\"Bottom CTA\">Request a demo<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s no secret that on-site IT infrastructure is relatively costly to maintain, particularly if you have no specialist engineers on staff. Besides the initial outlay for hardware and installation, manual &hellip; <a href=\"\/gb\/en\/blog\/higher-value-lower-cost\/\" class=\"more-link\">Read more<span class=\"screen-reader-text\"> &#8220;How to Get Higher Value for Lower Cost&#8221;<\/span><\/a><\/p>\n","protected":false},"author":244,"featured_media":8359,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[164],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Get Higher Value for Lower Cost | RingCentral UK Blog<\/title>\n<meta name=\"description\" content=\"In a world of tight margins, reducing communications costs can make a big difference to a business\u2019s bottom line.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ringcentral.com\/gb\/en\/blog\/higher-value-lower-cost\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"RingCentral Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How to Get Higher Value for Lower Cost | RingCentral UK Blog","description":"In a world of tight margins, reducing communications costs can make a big difference to a business\u2019s bottom line.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ringcentral.com\/gb\/en\/blog\/higher-value-lower-cost\/","twitter_misc":{"Written by":"RingCentral Team","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":":\/gb\/en\/blog\/higher-value-lower-cost\/#article","isPartOf":{"@id":"\/gb\/en\/blog\/higher-value-lower-cost\/"},"author":{"name":"RingCentral Team","@id":"\/gb\/en\/blog\/#\/schema\/person\/cc4f043d2b478862a8622c28b0ebd08c"},"headline":"How to Get Higher Value for Lower Cost","datePublished":"2020-02-13T11:00:59+00:00","dateModified":"2023-01-16T17:04:46+00:00","mainEntityOfPage":{"@id":"\/gb\/en\/blog\/higher-value-lower-cost\/"},"wordCount":839,"commentCount":0,"publisher":{"@id":"\/gb\/en\/blog\/#organization"},"keywords":["customersuccess"],"articleSection":["UC - 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