With gas prices around $4 per gallon, the cost of attending meetings, driving to the office and even driving to the bank can really add up, especially when all of the employees on your payroll are doing the same. Profitability is a big factor for businesses striving to stay afloat and keep employees happy. With the additional costs incurred from commuting, small and large businesses alike are turning more often to telecommuting and teleconferencing.

Here are five easy ways to help put the "tele" into your business and a couple extra dollars back into your (and your employees’) pocket, as identified by Jody Knouse Poland, co-founder and chief engagement officer of The Renaissance Group, and Jennifer Vickery, CEO of National Strategies Public Relations.