Time is money.<\/p>\n
It doesn\u2019t get any simpler. Benjamin Franklin\u2019s famous adage applies across so many facets of doing business. None more so than the cost factor of time wasted due to ineffective and out-of-date practices, technologies, and human error.<\/p>\n
Take remote meetings, a common and necessary element of the contemporary workplace. At least 13 minutes of every one generally goes wasted (more than 30% of the average call duration). That\u2019s just time spent getting things set up, along with other disruptors<\/a> that pop up in\u00a0almost every meeting. From the late joiner to the background noise contributor\u2014it\u2019s a wonder any business gets handled during most calls.<\/p>\n When you add it\u00a0up against the regular costs of doing business, that\u2019s more than \u00a314B\/$16B lost each year. That\u2019s time that could be spent networking, reaching out to clients, closing business\u2026 making money.<\/p>\n