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My VoIP Provider.com, which provides consulting services to the VoIP industry with special emphasis on research into the comparison and evaluation of costs in the worldwide telecommunications (VoIP) industry, has revealed the top ways VoIP can help penny pinchers everywhere save big bucks on phone bills.

My VoIP Provider.com said that Residential VoIP users save more than just a few pennies on international calls. Many providers offer free international calling to select countries, and even after those first free minutes have been used up, international calling rates can be as low as a few cents a minute.

The consulting services provider to the VoIP industry said that business can save money on office expenses with IP faxing. IP fax uses the Internet rather than traditional phone lines to transmit important documents, just as VoIP uses the Internet to transmit voice data.

Most top VoIP providers offer the option to send or view a fax from a computer or smartphone. This eliminates the need to print the fax, which cuts down on costly paper usage. Paper costs can add up over time, said My VoIP Provider.com.

According to My VoIP Provider.com, IP faxing can also save business owners money on ink for fax machines. A typical fax machine ink cartridge will cost around $86.99 for a cartridge that yields 2,100 pages. That means, every printed page requires about $0.05 worth of ink.

Between costs of ink and paper, a business can save almost $0.10 on every fax they don’t print. That’s a savings made possible because of IP faxing.

Recently , MyVoIPProvider.com announced the three coolest ways to use IP video calling for advanced VoIP communications.