Transcription Rate per Minute: Human vs Machine Transcription
Transcription Rate per Minute: Work With Agency Working with a transcription agency is a smart choice when you have to prepare a minute after a meeting is over. When you deal with a transcription agency, you may be required to choose between human vs. machine transcription services. What does matter with these choices? Of course, your choice will matter most. Whether you choose human or machine transcription service will determine the transcription rate per minute, that you have to pay and the quality of transcription you get. The digital era comes with sophisticated technologies, which benefit the transcription agencies. Now, they are supported by technologies like smart speakers and Artificial Intelligence (AI) that assist in transcribing the audio or video files. Some agencies even replace human transcriptionists with a machine, which is able to understand what human beings say. However, is that a correct choice? Transcription Rate per Minute: What Does it Matter? On the one hand, machine tools have indeed been getting smarter now. They can understand human dialects and work faster in transcribing audio. With the help of sophisticated technology, the transcription agencies are able to offer cheaper transcription rate per audio minute compared to those that rely solely upon human transcriptionists. However, many people still question whether machine transcription may completely replace human transcriptionists. Transcription agencies, which decide to use human transcription service, certainly do it with reasons. Similarly, customers have specific reasons when they have audio or video files transcribed by human beings. Human transcription and machine transcription have their advantages and disadvantages. The following are some aspects that may influence your choice as well as the transcription rate per minute you have to pay: Speed When speed is more important than accuracy, machine-based transcription can be your choice. You can get the benefit from online or app-based transcription services. They work much faster than human transcriptionists do. They convert the speech into text within minutes or even seconds. The transcription app can convert a 2-hour video into text within fewer than 30 minutes. How can human transcriptionists do it? When it comes to speed, machine transcription is the choice; but remember that you will lose accuracy in the transcription text. Intricacies of Human Speech Every individual has a unique way of communicating and expresses his/her feelings. Even the smarter or most sophisticated machine will fail to understand human speech accurately. Such intricacies are made worse by background noise. If your projects involve technical terms, relying upon a machine transcription can be a wrong decision. If you insist on using the machine, you have to be prepared for losing some substances of the audio materials. Number of speakers Those who do field works, like journalists, interviewers, or reporters, may work with different speakers. Their works may involve three or more speakers in a session and three or more sessions in a recording. Do you expect the machine transcription to work smoothly in this situation? No machine can accurately differentiate different vocals, accents, and personal communication styles. If you want to get accurate transcription, human transcription service is the choice. Recording Setting As mentioned above, the settings of the recording may vary widely. At one time, you may interview someone in a vacuum or sealed room. At another time, you may have to interview your subjects in an outdoor setting, where background noise will make the transcription works much more challenging. Budget vs. Accuracy There may be some instances, in which budget matters the most for you. If you have a very tight budget, you may opt for machine transcription. The average transcription rate per audio minute is much cheaper. You can even choose a free online transcription app. However, if accuracy is more important than any other things, human transcription is the answer. Transcription Rate per Minute: The Bottom Line Some aspects that determine the transcription rate per minute above need to be considered carefully before making a decision. You cannot say that you only need human transcription, as there may be cases in which machine transcription is enough to solve your problems. The following is the summary of human vs. machine transcription: Human transcription service is the choice for a highly accurate result. Studies show that the average error rate of human transcription is only 4%, but highly experienced transcriptionists can work with an error rate of under 1%. The service is highly dependent on human quality, but the services can be customized according to the customers’ requests. In addition, human transcription is the answer when the audio or video files involve diverse dialects and accents. On the other hand, the average error rate of machine transcription is 12%, but the accuracy still depends on the technology supporting the agency. Sometimes, human insights are still necessary to ensure better accuracy. However, this is a great choice when speed matters the most, and when the required transcription rate per minute is very low.
Document Transcription Services: Handling Legal Cases Easier
Document Transcription Services In the Legal Field Those who work in legal sectors certainly deal with many kinds of cases, as they work with all industries and specialities. They may deal with cases in health, economic, finance, and many other sectors. As a result, they also deal with essential documents, court recordings, and interviews with all individuals that may be involved with the case. Here is why those who work in the legal industry will find it helpful to work with document transcription services. This service cuts the time it takes to study long court recordings or recorded interviews. Lawyers, for instance, should have spent most of their time studying substantial things related to the cases being handled, instead of transcribing the recorded files. Of course, finding a transcription service must be done with care. You need to make sure that the agency specializes in transcribing audio files and is supported by real human transcriptionists instead of machine transcription software. Document Transcription Services for Legal Purposes Legal transcription services are increasingly important now, as people are more aware of their rights and duties in front of the law. Therefore, the kinds of recorded files also vary widely. The Legal document transcription services may work with recorded files in the form of tapes, videos, or digital files that contain the following things: Testimonies; Interrogations; Legal briefs; Court hearings; Depositions; Recorded client letters; Expert statements; Interviews, and many more. Transcribing audio files for legal purposes may be of a greater challenge for the transcriptionists. Why? They deal with documents or recorded files, which may contain things related to one’s life. Any mistake with the transcription may lead to wrong case handlings. Inaccurate transcription may result in ambiguous meaning that confuses the lawyers or those who handle the case. Therefore, a legal transcription service cannot depend upon machine transcription software. Instead, you need to make sure that you work with human transcription services, which are supported by experienced transcriptionists, who specialize in a specific industry. As such, legal transcription service is not hiring generalist transcriptionists. Document Transcription Services: Process by Specialist Working with an agency that specializes in document transcription services offers you a number of advantages, including: 1. Required speciality. As mentioned above, legal transcription service is supported by transcriptionists who have certain specialities. For instance, a transcriptionist who specializes in health transcription only deals with health-related audio files. The same instance applies for those who work in economics and finance, and so on. This way, the transcriptionists know the industry very well and know legal jargon being used in the industry. Accordingly, the transcription process is much quicker. 2. Better security. Agencies that specialize in legal documents know well that they deal with sensitive and confidential information. Anytime the information is leaked, the effects will be fatal. Therefore, they usually have more protective measures in keeping the files and information contained in the recordings. To protect the information, the agencies make sure that the files and information are kept secure from security risks and breaches. 3. Outsourcing service. To ensure the security of confidential information, the legal firms may include the transcriptionists in the team. In some cases, the process of file travel from the legal firm to the transcriptionists may leave the file open for hacking. Therefore, the legal firms may ask for outsourcing service, in which the transcriptionists work in-house. However, not all document transcription services offer this. Document Transcription Services: How it Works Actually, the way the legal transcription services work is similar to those that specialize in other industries. It is straightforward. The process in generally broke down into the following steps: 1. Receiving the document. This process may include physical reception (in the case of in-house service) or file transfer. 2. Reviewing the recorded files. This aims at identifying the need for teamwork. 3. Transcribing the document. In this step, the team works to listen and transfer the audio files into written documents. 4. Reviewing the transcription, which includes proofreading to ensure accuracy and grammatical integrity. This may involve additional team members who specialize in the proofreading process. The final step is sending the transcription to the clients. These steps minimize the risks of complaints and further issues resulting from inaccurate transcription. Therefore, if you deal with legal documents, make sure to work with document transcription services with the required specialities.
Meeting Transcription Service: Helps During a Pandemic
Meeting Transcription: Meeting During a Pandemic Because of the corona virus pandemic, the use of video conferencing technology becomes more popular than it once was. Businesses, organizations, and even government agencies hold video conference meetings every day. Of course, taking minutes from a virtual meeting would be a challenge for the host staff. Fortunately, meeting transcription enables them to provide accurate minutes before the due time. The video conferencing applications like Zoom allow the host to record the meeting as a whole. The recording helps them formulate a minute to be submitted to the leaders or managers in the organization. However, making a minute from a long recorded meeting would take much time and energy. Imagine if the meeting takes two hours or more! Meeting Transcription: How it Helps the Organizations? A virtual meeting is held to discuss strategic issues, solve crucial problems, inform organization strategies and innovations, educate the employees, or disburse information. Therefore, the meeting is expected to come up with solutions and recommendations. Meeting transcription is important to cut the time it takes to provide the minutes. Then, the organization can do the following things: Reviews. Transcription allows the team to capture and review discussions on vital topics and business agendas. The meeting transcription services can help to transcribe all the things in the recording. This allows the team to highlight crucial issues. Clarification. There may be instances, in which a virtual meeting is held to discuss crucial issues. By transcribing the discussions in the meeting, the host can clarify things that are still in controversies among the members of an organization. Follow-ups. Strategic issues discussed in a virtual meeting are ideally followed up for improvement of the organization’s performance. The team can highlight recommendations and necessary follow-ups in the transcription text. Instead of doing the transcription tasks on your own, working with one of the reputable Meeting minutes transcription services provides you with many benefits. They include saving time, energy, and resources to do the overwhelming tasks. Of course, you can only achieve this if you collaborate with a professional and reputable transcription service. Meeting Transcription: What to Expect from this Service? The following are some qualities of meeting transcription services you need to check before choosing an agency as your partner: 100% Human Transcriptionists There may be cases in which the transcription services promise to meet your deadline even though you have a long recorded meeting. If they can meet the very tight deadline at a very low price, you have to question whether they use 100% human transcriptionists or transcription software. There are many kinds of meeting transcription software. Even though they work much faster than human transcriptionists do, machine transcription applications cannot provide you with accurate transcription. If you need the whole things spoken in the meeting, the machine may not provide you with reliable information. Similarly, the transcribed files cannot be used for legal purposes. Accuracy Guarantee Make sure that the transcription agency that you deal with offers a guarantee of accurate transcription. This proves that it is supported by experienced human transcriptionists instead of machine transcription software. The agency devotes a team of professional transcriptionists to transcribe the recorded files, re-verify, proofread the texts, and review them before being submitted to the clients. Guarantee of accuracy also comes from a transcription agency with wide industry experience. It must be supported by transcriptionists from different industry backgrounds. Therefore, it can assign the right transcriptionists based on the issues discussed in the virtual meetings. Data Security Imagine the risks if your personal information and recorded virtual meetings are exposed to hackers! Your data and information may be misused for illicit purposes. Therefore, make sure you only collaborate with a transcription agency that assures data security, whether it is your personal information or substances discussed in the virtual meeting. Experience With the increasingly tight competition in the meeting transcription service, it is not easy to survive in this industry. Only skills, professional services, timely service, accurate results, and experience allow the transcription agencies to beat their competitors. They compete with not only other transcription agencies but also the machine transcription software. Therefore, make sure to deal only with experienced transcription agency. You can check the information on its website. Meeting is an integral part of an organization or a business. It is held for various purposes, including monitoring and evaluation, disbursing information, training the employees, capacity building, discussing issues and problems, socializing new things, encouraging innovation, and many more. More important are the follow-ups and recommendations obtained from the virtual meeting. Therefore, recording the meeting allows the team to take necessary follow-ups, whether they are corrections, clarifications, reviews, and many more. These are crucial for the productivity of an organization. Optimizing virtual meetings is the first choice for the organizations to keep their employees updated with the changes in the industry or the organization as a whole.
Insurance Transcription: How It Helps Insurance Companies
Insurance Transcription: Examples of Audio Content Transcribed Insurance is an important service, which is necessary as a hedge against possible risks, losses, or damages in the future. In modern life, there are increasing types and numbers of risks, losses, and damages, which may happen and lead to insurance claims. As a result, the insurance companies are facing increasingly exhausting tasks to verify and investigate the claims. Insurance transcription is a service which enables insurance companies to do all the tasks in a more efficient and effective way. Whether the company offers medical, property, life, or auto insurance, transcription will make their tasks easier. Insurance transcription refers to the act of transcribing audio contents for the purpose of insurance records. The audio contents may come in different kinds, including: Interview with individuals who claim for insurance, Interviews with medical and legal professionals related to the claims, Interviews with the witness or people related to the clients involved in a claim, Field notes, Telephone conversation, Recordings of meetings or statements from insurance professionals on the subjects related to a claim, and many more. Insurance Transcription: Why Insurance Companies Need It? Of course, the insurance companies have limited time and staff to transcribe huge numbers of audio files. Therefore, they may work with one of transcription agencies to have all the audio files transcribed for use in the future. The following are some reasons why an insurance company will need a transcription agency: Investigating Insurance claims The insurance companies are facing the fact that not all the insurance claims are supported with trustful information. As a result, the insurance companies have to work trice to verify the documentation received from the insured individuals. In this case, analyzing transcribed texts will be much easier for clarification and verification steps. In addition, in case that the claims need to be investigated by the investigators, the transcribed audio files help make the investigation much easier. The investors can collect evidence or proof of fraud, if any, based on the transcribed audio files. Therefore, the insurance companies need help from professional transcription agencies to make sure that the audio files are transcribed with no mistakes. Helping in Decision-Making Distributing recorded audio files among insurance employees or managers is not a practical option. There will be different interpretations among them. Different interpretations may lead to different decisions and different follow-ups. On the other hand, insurance transcription can help ensure that the workflow runs smoothly for all the parties involved in the claim process. Transcribed audio files minimize the risks of errors in case there are new members in the team. Similarly, the managers or decision-makers can easily find issues related to the claim process and take immediate steps to make necessary improvements. Providing Reliable Data Transcribed audio files eventually become important documents for the decision-making process in the insurance company. Working with a professional transcription agency enables the insurance company to collect reliable and accurate data on customer service, competition, market condition and many more. The data will be beneficial in identifying processes and designing strategies to improve the customer service and eventually to grow the business into a larger one. Insurance Transcription Service by Professional Agency The insurance company certainly expects positive results and outcome from the partnership with a transcription agency. In general, the data collected from the transcribed files allow the company to generate a number of important documents, including field investigation reports, which may include theft, accident, property damage, and many more. This is only possible if the insurance company works with a professional transcription agency. Therefore, as you are looking for a partner to do the transcription task, make sure that it meets at least the following criteria: Offering a range of transcribing options. In general, there are two types of transcription process. The first is verbatim transcription. Every word in the audio file is transcribed literally and accurately, including all the pauses, sighs, and hesitant speech. The second is intelligent verbatim transcription, which removes false starts, sighs, pauses, or other information considered unnecessary. Supported by real-human transcribers. This is important, as until now, no transcription software has been able to transcribe audio files accurately. Human transcribers can work in a team for quality assurance. Supporting various file types, such as AMR, AVI, DVF, DVD, MOV, MPG, MPEG, MWV, RM, VOB, or any other audio files. Offering quality guarantee and competitive costs. As discussed above, the transcribed audio files may be used for various purposes, including legal purposes. Therefore, guarantee of quality and accuracy is a must-have offer from the transcription agency. Another important quality of insurance transcription Companies is security and reliability. There must be a guarantee that your identity and information on your audio files will never be leaked for any reasons. Information leaks may lead to fatal risks on your business, particularly if the information goes to your competitors.
Transcription Services Cost: Why Medical Transcription is expensive?
Transcription Services Cost: Healthcare Organization Healthcare organizations are among the busiest ones. They produce a lot of notes and documents every day. Healthcare-related jobs vary widely, from keeping patient records and handling administrative documents to producing financial statements, accounting, and other documents. They also produce many kinds of audio content every day. Therefore, working with a transcription service is a great choice. However, many refrains from working with the specialist ones due to the higher transcription services cost in medical sector. Is it really more expensive than other services? For some healthcare organizations, transcription services cost is one of the intervening aspects. Using voice recognition software is mostly not enough due to a lot of problems with the technology. While speech recognition and transcription technology are improving all the time, accuracy remains a question in the domain of language transcription. In most cases, the transcribed texts still need human touch to ensure accuracy in terminology. Transcription Services Cost: What Determines for Cost? In medical sector, the cost of medical transcription can make the problem worse. The medical transcription is mostly charged per line, with price range varying from a country to another. Overall, they are more expensive than general transcription service. However, it must be noted that the cost is equivalent to the energy, capability, and competence required from a transcriptionists to do the job. Actually, a number of aspects determine the transcription services costs, including: Highly Specialized Terminology It is widely known that the healthcare industry is identical to highly specialized terminology. Therefore, the transcription job can only be done by those who have background knowledge and/or education in the similar domain. In some cases, even transcriptionists from medical science cannot do all of the transcription jobs. For instance, someone whose background is nutrition may not be familiar with terminology in dental medicine. Consequently, transcribing audio contents in nutrition and dental medicine may be done by different transcriptionists. Quality Assurance Medical transcription mostly goes beyond entering data into the system and getting the results in a few seconds. Even if the transcription agency is supported by automated transcription software, there is another crucial step, namely, proofreading by a transcriptionist. This aims at making sure that the clients get highly accurate and proofread text. For quality assurance, the transcriptionists mostly work in a team, particularly when the contents in the audio file are related to some different specialities in medicine. This certainly adds to the transcription services cost. Confidentiality In fact, price can be less significant if you are concerned about quality and security, and timeliness. Imagine that you hand over recorded speeches or conversations between the medical professionals and the patients. They may provide confidential information about their identity and health. Such sensitive information should not be exposed to public. Accordingly, the healthcare service needs to make sure that the transcription agency keeps all the information safe. Timeliness The team of medical transcriptionists needs to work intensively, if not under pressure, to make sure that the job is done before the deadline. Healthcare is a sensitive industry. Lateness in intervention may lead to serious implications. That is why medical transcription services cost is higher since the team has to work harder to make sure that everything is on the track. In certain cases, the healthcare institutions want to pay more as long as the team of transcriptionists can do the job within the turnaround time requested. Transcription Services Cost: How to Reduce? For those who want to cut the transcription services cost, using speech recognition or automated transcription software. The software is helpful enough for quick results. However, if every part of the speech in the recorded conversation is important and if linguistic structure, accents, or gestures are important, then the software may not be helpful enough. The transcribed text needs to be checked and proofread by a transcriptionist. The result is much more accurate, but hiring a transcriptionist means additional cost. You can actually cut the cost of medical transcription by having a regular partnership with a reputable transcription agency. If the transcription volume is huge and you are repeat customers, you may negotiate for a price discount. The service agencies commonly offer discounts for their loyal customers. Overall, having a medical transcription cost do the job will save your time. You can reduce the burden of these tasks and allocate the human resources in your institution in a more effective way by having the experts do the transcription jobs. In fact, the transcription services cost per minute is actually not expensive if you see it from the benefits that your institution enjoy. For instance, properly transcribed charts and accurate information on the patients’ condition allow the healthcare professional team and billing team to do their job in a hassle-free way. The billing team can code claims easily while the medical team can offer the best treatment and follow-up for the patients. Not only speeding up the work process, accurate transcription also lowers the risk of denial and complaints, right?
Language Transcription: Which Automated Software to Use
Language Transcription: Definition In a simple definition, language transcription refers to the process of transferring what is spoken into written format. In fact, transcribing audio or video contents is important for businesses, since they cannot make any decision simply from spoken language. Transcription is important due to various reasons. Even in a single country, there may be many different dialects and accents, which not everybody may understand. Transcription helps in addressing unfamiliar accents and inflections. However, the most important point of language transcription services is that they can help in getting to the points. Transcription is a tool that a business can use to make important decisions. Transcriptions remove audible distractions or background sounds that may interfere with the process in understanding contents of the spoken language. Language Transcription: Recommended Software In the modern world, technology offers huge help for individuals as well as corporations in making decisions from audio or video contents. The transcription agency may use automated software to make the process of transcribing audio and video contents easier and faster. The right software significantly cuts the time it takes to convert the audio contents into written form. The question is, “Which automated software to use?” There may be hundreds of software apps available on the internet. Some of them are available for free, but some are paid software apps with advanced features. The following are recommended software for language transcription, as cited from fair online forum reviews: TranscriberAG This program is helpful for annotating speech signals in a manual way. A number of great tools are available. For instance, there is a user-friendly Graphical User Interface (GUI), which allows the users to segment long-duration audio contents into several parts, transcribe them and give labels to speech turns or changes of topics. The application was originally developed for the speech research community. However, the app is also helpful in other conditions. The following are some features of TranscribeAG: Ability to ready many kinds of audio and video formats. The app is supported by sophisticated import libraries like FFmpeg; Ability to handle long files, even up to several hours; Synchronized playback; Segmentation of audio contents into several layers (sentence, section, speech turn) as well as background conditions; Creation and modification of temporal anchors in an easy way; Ability to import old file formats, like TRS; Enhancing signal outputs, like tempo and pitch variations, to make it easier for the user in annotating the audio contents. Transcribe Some foreign language transcription services use this software app to facilitate in transcribing the audio or video contents. The app is also popular among podcasters, lawyers, students, and even professional transcriptionists around the world. This app allows them to transcribe audio contents into a much effortless way. Transcribe is much helpful in transcribing interviews, speeches, lectures, audio notes, podcasts, and many other kinds of recorded audio contents. Compared to TranscriberAG, Transcribe works in an automated way. It helps the users in the following ways: Converting audio to text in an automatic way. The app works by reducing background noise to provide clear audio. This process takes only a few minutes. Making use of fast and accurate dictation. You can use the app to convert your speech into text automatically. What you need to do is just put on your headphones, slow it down, and speak out what you hear. The dictation engine converts your speech even faster than typing. Supporting a number of languages, such as English, French, Spanish, Hindi, and other languages in Europe and Asia. Slowing down the audio and transcribing it faster, thanks to the support of integrated player and editor. Language Transcription: Problems with Software There are many other automated software apps to help in transcribing audio contents into text. The technology is improving. Giant technology companies like Google and Apple are at the front line for such technology. However, there are few, if any, applications that can deliver ready-to-use transcription text. The existing technology is still limited by several factors, such as failure to identify variations in accents and dialects. To provide high-accuracy results, the language transcription agency is still assisted by transcription specialists. They help in several ways, including: Proofreading the transcription texts. They work to eliminate errors and typos, punctuations, use of words, terms, and many more; Verifying accuracy of the transcription texts in terms of unfamiliar terminology, jargon, and so on; Listening to background sounds that may bring about certain meanings like gestures, motion, emotions, and so on. Overall, transcription software is helpful enough for quick results. The application works automatically to transcribe the audio into text. It cuts the time required for the process. However, the transcription texts need verification. This is particularly true for documents that will be used for formal meetings, such as decision-making process, stakeholders’ meeting, directors’ meeting, and so on.