corporate & Business Transcription
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Why Is Corporate & Business Transcription Important?
A huge volume of audio and video content, in the form of investor meetings, conference calls, and presentations, are produced in the business world every day. All of these are very important and may present critical financial data that can be used for developing new business and competitive strategies.
Corporate & business transcription ensures that you have a written record of all conversations related to important marketing, financial, and legal decisions in your business. Business transcription involves creating a textual archive of audio or video recordings of conferences, meetings, or any other business interaction.
Some of the benefits include:
- Saving time, resources, and effort – you will not need to recruit an in-house transcription team.
- Access that information for record purposes and future reference.
- Converting audio/video into a text format that can help with SEO and improving your online presence.
Whether it’s to avoid lawsuits or disputes, every business needs to maintain detailed and accurate records of its communications. It’s simply impossible to remember every detail discussed, and that is precisely the reason why businesses invest in corporate transcriptions.
At many business conferences, seminars, meetings, brainstorming sessions, or interviews, there’s usually no dedicated staff member present to type out the proceedings or take down notes, nor is it possible for members involved in the proceedings to do it themselves.
Therefore, business interactions are audio/video recorded and outsourced to a reliable transcription service provider, such as Precision Transcription, to produce the transcripts.
How Can Transcription Services Help Your Business?
Outsourcing business transcription to a reputable, trusted transcription company can help you carry out your different business transcription needs with aplomb. While it helps organizations like yours to cut down costs and avail time zone differential advantage, it also means no holidays, as the work is done on all business days.
It is essential for transcription companies to deliver the transcripts within short turnaround times. Additionally, accurate documentation of sensitive information must be maintained with high accuracy. Therefore, companies can achieve close to 100% accuracy by outsourcing their essential tasks to corporate & business transcription service providers.
To achieve high levels of accuracy and quality transcription, Precision Transcription has a team of skilled and qualified business transcriptionists who’re experienced in transcribing recordings with a variety of distortions and accents.
Further, our team can handle a wide variety of input file formats and deliver output in a variety of customer-specified file formats. Input file formats could be analog recordings or digital audio file formats such as mp3, wav, etc. Output text files are usually word documents (.DOC, .DOCX), PDF or simple text (.TXT) files.
Outsourcing Corporate & Business Transcription
Outsourcing refers to an act of a company soliciting the services of an external contractor to carry out work activities on their behalf that would previously be done in-house. This strategic move became a popular practice for businesses from as far back as the 1990s.
It is seen as a way to concentrate efforts and resources on adding more value to the primary business activities. A common consequence of this transition is the downsizing of staff to the skills only required for the core business operations.
Corporations and organizations today look to outsourcing as they are increasingly interested in the streamlining of their operations and improving efficiency.
Currently, the main sectors that outsource their transcription needs are call-centers, law enforcement agencies, medical centers, and legal firms. This is mostly due to their vast amounts of audio, and more recently, video files they generate that need to be converted into text.
While the outsourcing of this service offers a range of benefits to almost any corporation or business, here is a summary of the top benefits:
- Saves You Time and Money
Transcription, to an untrained employee, can be a time-consuming and mundane activity due to the routine nature of the task. Corporate transcription service providers can perform these tasks expeditiously with an unmatched level of accuracy thanks to the winning combination of machine and human-verified transcription.
- Helps Your Company Cope with Variable Workflows and Lack of Expertise
One of the biggest financial strains that businesses have to deal with is the fluctuation in work volume. At times, the workload may be much higher than your business capacity to deal with. which ends up overstretching employee efforts and resources.
The major benefit that comes with outsourcing your transcription requirements is the flexibility and timelines of the service. Its availability on an as-needed basis can help your business cope with the natural ebb and flow of your business cycle in sync with any tight turnarounds.
- Opens Up Your Office Space to A Whole New World of Advancements
Nowadays, the value of transcription is no longer limited to a simple conversion of audio-to-text. There are significant SEO-related benefits you will gain as well. The incorporation of AI technology into transcription services has increased its functionality and applications in workplaces.
Ready to Partner with Us to Meet Your End-To-End Business Transcription Needs?
Precision Transcription offers fast, accurate, professional, and high quality corporate & business transcription, which covers a wide range of enterprise business documentation and corporate communication needs.
Focus on your core business goals and leave the business transcription tasks in the hands of our experts. Outsource your transcription work to us and benefit from accurate and quality business transcriptions.
Contact us today for a custom quote tailored to your business needs! Call us at (518) 892-0640 or fill out the online contact form to learn more about our transcription services.
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