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Savings in Travel Time

Video conferencing can not only save maybe 35-40% of travel costs it also saves substantial amounts of executive time, executive time that could easily be worth much more than the saved travel costs.

The table below is an estimate of the costs of travailing interstate for a 4 hour meeting with a one night stay. It compares the effort and time involved in arranging the trip and the meeting compared with having the same meeting using video conferencing equipment.

TASKSTRIPVideo Meeting
Book Flights Hotel Rental Cars etc
1 hour
 
Schedule meeting with participants 
1 hour
1 hour
Prepare for meeting
1 hour
1 hour
Drive to Airport
1 hour
 
Check in and pre flight wait
1 hour

Flight time
2 hours
 
Drive from Airport to meeting
1 hour
 
Wait for meeting to start
1 hour
 
Meeting duration
4 hours
4 hours
Drive from meeting to Airport
1 hour
 
Check in and pre flight wait
1 hour
 
Flight time from meeting
2 hours
 
Drive from Airport
1 hour
 
Recovery from trip
2 hours
 
Follow up from meeting
2 hours
2 hours
TOTAL
22 hours8 hours

 

 

 

 

 

 

 

 

If you would like our assistance in establishing how much executive time your organization might
save using video conferencing CLICK HERE