Automatic transcription can save you time and money, but only when you choose the right transcription software. Otherwise, using transcription software will not benefit you or your organization to its fullest potential.
Why is Transcription Software Necessary?
Transcription software makes transcribing fast and easy. The software does all the work for a small fee, which is less than paying a transcriber. You can use the high-quality transcripts of audio or video in several ways.
Video is among the most popular mediums right now. Trends show that popularity will only increase. Having transcription available offers more opportunities, including for SEO. This touch can help you win customers over and build your lead base.
Transcription also supplies more options to use your content. For example, you can upload transcripts with the video, post them to your company blog, and more. These options help you get the most out of your content budget.
Transcription, particularly for subtitles, is also an accessibility requirement. Transcription and subtitles with your videos allow a wide variety of people to access them. While you may not think this is your market, you may be surprised who relies on these accommodations.
What to Look for In Automatic Transcription Software
Choosing a transcription software provider requires many considerations. They may include accuracy, speed, cost, and privacy.
Choosing a transcription software provider requires many considerations. A poor choice can lead to your company investing more resources than you budgeted for this project. Weighing your options for transcription software before choosing against these criteria is an excellent choice.
Accuracy is vital with automatic translation. Without it, you will spend many hours correcting your video and audio transcripts. You may also see embarrassing errors if the transcription software you choose is not correct.
With the rise of A.I., transcription software has improved dramatically. However, that does not mean that every service is entirely exact. A.I. is still new. Programming one for transcription is not perfect. You should check the accuracy scores for each software you are considering.
In today’s world, speed is vital for your business. That includes when you need audio or video transcripts. Using transcription software does little good if it cannot promptly deliver transcripts or is slower than human transcription.
Since speed is vital, many transcription software options promise delivery quickly. However, you should evaluate their claims carefully. When you are against a deadline for a transcript, you need to know you can rely on the software to deliver.
These days, security is a top priority for every company. As a result, you need to know that your transcription software takes security seriously. This criterion is crucial if it runs through the cloud. Otherwise, your files may end up shared across the internet.
Security is also vital for compliance. You need to protect any data under various consumer protection acts like GDPR and CCPA. That includes when using your chosen transcription software.
The capacity for multiple languages is beneficial for reaching more markets. In a connected world, your company may start in a single region and grow significantly. At that point, offering content in multiple languages makes sense.
Having one transcription software capable of handling multiple languages is a solid option. This choice saves you time and possibly money over having multiple transcription services. Plus, you will not spend any time learning the software as your company grows.
Timestamps and Speakers
The choice to include timestamps and speakers in the transcription is often helpful. These options enhance the usefulness of your transcript. In particular, speaker identification is useful for interviews you may want to post about.
Timestamp and speaker ID options can also help you create your own subtitles. These days, you should not rely on automatic captioning from the video platform. Instead, it’s best to ensure your subtitles are clear and accurate.
Subtitles are a necessary consideration for companies. Supplying high-quality subtitles either through a .TXT or. SRT file ensures accuracy. However, many transcription services only supply transcription, which is different from subtitles.
Choosing a transcription service that offers transcription and subtitles is a reasonable choice. With this choice, you can ensure you have all the services in one place. Additionally, your company can save money with a single subscription.
While A.I. transcription is up to 99.9% right, there may still be errors in your transcript. Having a practical option to correct those errors within your transcription service will save time. It will also save money since you will not need other software for editing.
Generally, you want the transcription software to have an editor where you can play the recording and see the text simultaneously. Ideally, it will also integrate with equipment like a foot pedal.
Receiving the Files
You also want to look at your options for receiving the files. You want files you can use without converting to another format. Before choosing a transcription software, you should check the file formats accepted where you want to display the results.
Standard options include the .TXT file and Word. If you want subtitles, the software should also offer SRT. If you need other file types, try to find transcription software that offers them. Otherwise, constantly converting file types will take up your time.
Cost is always a factor with transcription. Paying transcribers is the most expensive possibility but produces a reliable result. Meanwhile, transcription software costs vary significantly. Plans can also be by the minute, hour, or file. That can make comparison challenging.
The balance with the cost is the accuracy. If software charges more but does not deliver superior accuracy, it is not a practical choice. Unfortunately, the only way to see the service’s accuracy compared to the cost is by trying it out.
A Clear Winner in Transcription Software: Transkriptor
Transkriptor is transcription software that lives up to all its promises. Using A.I., the software delivers reliable accuracy. Offering editing from the browser and multiple transcription languages, this software delivers all preferred features at a fraction of the cost.
Try Transkriptor’s services today for free and see the difference.