By Rajani Baburajan, TMCnet Contributor

The virtual office is a combination of communications technologies that helps small and medium businesses (SMBs) improve the business operation without investing heavily on physical infrastructure, one of the most important components being the hosted private branch exchange (PBX (News - Alert)).

A hosted PBX uses the Internet to place and receive calls through hardware that is located offsite and managed by a VoIP provider, a service that is supplied by a telecommunications provider in the form of a hosted phone.

The advantage of hosted PBX system is that businesses can avoid wasting space or money on maintenance. They can also save on a variety of call management features that has encouraged small to mid-sized businesses owners to move from PSTN.

Companies like Phone.com provide hosted PBX and virtual office solutions to SMBs.

Servcorp is another company delivering virtual office solutions. The company offers Servcorp Virtual Office and Serviced Office location in Singapore. Its virtual office packages allow businesses to save on overhead costs by providing them with professional office services in more than 130 locations around the globe while they work from anywhere.

Singapore is one of the prestigious markets in Asia that attract foreign investments. The country has also been rated as the most business friendly economies in the world. By expanding to Singapore, Servcorp increases its ability to be instrumental in helping small and large multinational businesses enter the thriving Singapore market.

As part of the company’s strategy to build awareness about virtual office solutions in Singapore, Servcorp is engaged in community relations building activities. Last year Servcorp Singapore team raised money for charity in order to give back to society.

For this year’s fundraising, the company recently set up an ice cream stall at a charity fun day with proceeds going to Assisi Hospice, an outreach service of Mount Alvernia Hospital. Tickets for the carnival were priced at $10 each and included coupons which can be used on food, drinks, games and other activities at the Fun Day.