Conference calling, also known as teleconferencing, is a technology that enables large numbers of people to connect with each other over the phone in a virtual meeting room. Conference calls offer an efficient, effective alternative to face-to-face meetings, saving those who use them the time, cost and logistical headaches associated with face-to-face meetings.

Conference calls are used by businesses and organizations of all sizes. They can be an ideal medium for staff meetings, deal making, training sessions, consultation, crisis management, and more. Many industries use conference calling extensively. In the financial industry, conference calls are used for earnings releases, investor relations and stockholder meetings. Law firms use conference calls for depositions, contract negotiations, and case settlement. In marketing and public relations, conference calls are used extensively for such things as exchanging information on orders and pricing, making corporate announcements, issuing promotional reviews, news releases, and much more. These are just a few of the industries in which companies are using conference calling to their advantage. 

By using conference calls, companies can gain an edge through improved communication, improved dissemination of information, reduced travel costs, and better productivity. In the information age, communication is the key to success, and conference calling facilitates effective, efficient, and affordable communication within and between organizations.