Rather than traveling great distances in order to have a face-face meeting, it is now commonplace to use a telepresence system instead, which uses a multiple codec video system (which is what the word "telepresence" most currently represents). Each member/party of the meeting uses a telepresence room to "dial in" and can see/talk to every other member on a screen/screens as if they were in the same room. This brings enormous time and cost benefits. It is also superior to phone conferencing (except in cost), as the visual aspect greatly enhances communications, allowing for perceptions of facial expressions and other body languages.