4 Major Factors Organizations Look while Hiring Transcription Services

4 Major Factors organizations look while hiring transcription services

Transcription is one of the most popular and effective means of documentation. Let us look at the 4 major aspects that organizations look while choosing a transcription service provider.

1. Transcription Quality
Quality of transcripts is the most important factor that organizations look while hiring transcription service providers. Transcripts are the major reference source for relevant information, so it is really important to have error-free transcripts. Many of the transcription service providers use automated tools to convert voice to text, and these automatic transcription tools are likely to make mistakes. So, it is important to have experienced editors to manually proof read auto-generated transcripts to make it error-free before the transcripts are delivered to the end users.

2. Quick Turnaround Time
Another aspect that customers would look at is how quick the transcripts are made available to them. There are times when a transcript would be of no use if it is not provided at a stipulated time. So, clients prefer service providers who can turnaround the transcripts quickly without compromising on the quality of transcripts.

3. Affordability
Affordability is a very important factor that companies would look for while hiring transcription services. All the companies would like to make sure that there are no hidden fees involved other than the pricing that is agreed upon by both the parties. Transcripts are charged either based on the duration of transcribed audio or per the total words transcribed.

4. Confidentiality
There is some degree of confidentially that transcription companies need to maintain. Normally, transcription service providers sign a confidentiality agreement before taking up an assignment. No matter what field or industry you work in, confidentiality is always required. Reputable transcription companies adhere to strict code of ethics including confidentiality and respecting the privacy of others. So, organizations prefer to hire transcription companies with high set of values and reputation.

Lecture Transcription Helps Students & Teachers Alike

Paying complete attention when you are attending extensive lectures is vital. It is understandably difficult to concentrate on speech and at the same time jot them all down. There are chances that you miss out on the lecture’s full concept when you try to listen and take down notes simultaneously. Asking questions and clearing doubts would also be a difficult task if you are focused on taking down notes. This is the reason why recording lectures and have them converted to text format is a good approach to retain the information conveyed during the class.

Lecture Transcription

Lecture transcription services are used by researchers and academic professionals for a variety of reasons. Audio recording of the lectures or webinars are transcribed and converted into text format for students and professionals to use them at a later convenient time. Schools and universities publish lecture transcripts online so as to help students to browse through these transcripts by using easily searchable keywords. This helps them to learn their difficult subjects by reading and understanding these texts.

These transcripts address accessibility issues as well. Verbatim transcripts of lectures or webinars help students of all kinds, irrespective of their learning styles. They help slow learners to study their subjects at their appropriate pace. They help students with hearing disability and those with language limitations who would otherwise find it difficult to understand lectures or webinars that move at relatively swift pace.

Lecture or webinar transcripts not only help students, but also professors and teachers. Transcripts enable them to review their style of delivering lectures, and would also help them to come up with better ideas to improve overall quality of their lectures.

There are quite a few professional transcription service providers who are specialized in lecture transcription services. Choosing a quality service provider is of utmost importance.

Transcribe-Now is a professional transcription service provider that has specialized professionals to deliver quality lecture transcripts.

Business Transcription Solutions

transcription solutions

Business transcription service is the text documentation of corporate audio or video events. Corporate earnings calls, interim results, annual meetings, corporate events, analyst interviews, etc. are some of the common events.

Business transcription service is on growing demand these days. Demand for transcription service has grown as many investors and analysts rely on these transcripts to make their crucial investment decisions. Investors do not have to worry much even if they miss an important earnings call or an important update from the companies of their interest, they can anytime read through these transcripts and get themselves updated.

At the same time, transcription solutions providers have to work hard to deliver quality transcripts. This is because investors take crucial decisions reading through these transcripts. Number errors (currency date, etc.) are considered to be grave as they can completely misguide the investors.

Quality transcription service with a quicker turnaround is preferred by clients for obvious reasons, and delayed market information can sometimes be completely useless.

Business Transcription Process

Usually, transcription service providers plug into live corporate events and get the audio recorded or downloaded onto their workflow. Once the audio is made available in the workflow, a transcriptionist picks up the audio and transcribes the whole audio file. The transcribed files are sent to the client as a preliminary transcript, and at the same time, these files are pushed for proofreading or final editing. After proofreading and editing, the final text is made available to the client or published onto their website in the desired format.

What’s New? Automated Transcription Service

Nowadays, artificial intelligence is taking over almost all segments and transcription is no different. With the help of automated transcription process, audio to text conversion is done in no time thus completely eliminating the preliminary transcription process. These preliminary transcripts are further proofread for zero-error transcripts.

TranscribeNow has successfully integrated automated transcription process onto the workflow and as a result, delivers quality transcripts at a quicker turnaround.