According to the recent PWC report, the most valuable resource for organizations is data. Up to 86 percent of company executives state they’re competing against other companies in order to increase the value of data. The test? Past sheer volume of data, the main part of usable data is unstructured, which means it is not flawlessly sorted out into tables, diagrams and charts that effectively convey noteworthy understanding. According to some estimates 90 percent of all information is unstructured.
In regards to customer data and client information this number is quite problematic. Now viewed as crucial to the success of any business, the value of this data regularly comes from unstructured purchaser studies. Other sources often incorporate unprocessed sound or video recordings of focus groups, market research interviews and customer support transactions.
Overcoming any issues arising between information and activity requires precise, on-request conversion from information to insight. There are many approaches to this problem, such as cheap translation services, however the whole market for transcription is expanding and diversifying. Human specialists and computerized arrangements are now feasible as financially savvy alternatives, so the important questions are which option is best in regards to transcription, and also, who does it without giving up fast turnaround times or the accuracy of transcription.
Not Always Apples-to-Apples: By the Numbers
What is the most straight forward approach to comparing affordable transactions services? You can stack our service adjacent to popular contenders and see who offers the cheapest price.
However, this doesn’t tell the entire story.
Consider: The price for our high-quality transcription services starts at $1.25 per minute. We have stood out with a platform that is innovative and delivers excellent content on-request. Significant brands already use our services.
Be that as it may, shouldn’t something be said about our rivals? TranscribeMe offers sound record transcription beginning at $0.79 per minute. Scribie is one cent more expensive with $0.80 per minute. There’s an obvious victor here, isn’t that so? Not so fast…
Let us do the transcription for you and you get a 12-hour turnaround time with 99 percent precision. Decide on TranscribeMe and you’ll be sitting tight an entire day for transcriptions.
If you pick Scribie it takes 36 hours between the submission of the file and the completion of transcription. In addition, you’ll be charged more if your record isn’t perfect or if the speakers don´t speak American English. We can without much of a stretch handle any English-speaking audio or video document and for an extra $0.25 per minute we’ll catch each syllable in your document — great on the off chance that you require detailed records for HR or need profound jumps into market surveying results.
The bottom line here is that marginally lower costs don’t always mean better results. Longer delivery periods and restrictions regarding file types can transform apparently extraordinary arrangements into cash and time sinks.
The Human Factor
Additional factor in picking the best cheap transcription services? How the speech-to-text conversion happens. Our rate of $1.25 per minute comes with access to more than 40000 specialists for the United States. These native English speakers must satisfy top notch quality standards before chipping away at any client documents. Furthermore, our group of trusted analysts works with transcriptionists to guarantee precise and consistent delivery in a timely manner.
Different services, for example Trint, only offer fully automated services at a rate of $60 every month for unlimited everyday transcriptions. What is the caveat here? In spite of headways in AI-driven tools they still battle to catch human subtlety. Here’s the reason: Human specialists can recognize word decision from articulation or encompassing context. AI tools depend on calculations that are technically perfect, yet still lack consistency and flow. While automatized transcription services can decrease the direct front expenses of conversion, they regularly miss the mark in long-term value.
The Advantage of Automation
In spite of the difficulties, there’s value in automation if you have the correct technology for the job. Our automated transcription services recently beat out tech giants such as Google, Amazon and Microsoft for per-word exactness.
Far superior? You pay just $0.25 per minute for our automated transcription services and enjoy a short, 5-minute turnaround time with accuracy of 80% or better. While other arrangements can sometimes match our pricing, they can never match our speed — pay the equivalent at Scribie and it takes in any event 30 minutes to get your finished document.
Beginning is simple — just upload documents from your PC or paste in a web URL, and our AI tool gets the opportunity to work. Transcriptions are delivered in 5 minutes, and you gain admittance to our web-based editorial manager to address any errors. This savvy transcription technique helps bring down the cost of good-quality sound records. These incorporate documents with negligible background noise and intelligible voices, letting you get the quickest and most accurate transcription for the cost.
Face value doesn’t always tell the entire story. We offer top notch transcription services for $1.25 per minute, and automated alternatives for just $0.25 per minute. Your transcription additionally incorporates value-added features.
Not 100 percent happy with the outcome or the procedure? Contact us and we’ll do all that we can to determine the issue. Need considerably more detail in your transcriptions? For $0.25 per minute we will sync each word to audio with timestamps or catch each syllable verbatim. We likewise offer rush services on the off chance that you need proficient transcription but can`t wait for 12 hours. For an extra $1.25 per minute you can get your document back five times quicker.
In addition, each transcription is totally secret and confidential. All records are private and protected from authorized access, and our transcription specialists sign both NDAs and strict confidentiality agreements. What’s more, in case you’re in a rush, don’t stress over transferring documents — rather, put in your requests directly from Dropbox, Google Drive or Amazon S3.
How would we measure up in cost? We’re not the least expensive professional transcription service. Be that as it may, with an industry-leading 12-hour turnaround and 40000+ specialists, we offer value for money. Our automated transcription services deliver 80 percent accuracy in only five minutes.
By any measure — value, accuracy or professionalism, we are number one.
How Gglot Measures Up in Price