If you are looking for transcription services, you might be overwhelmed by the great variety of transcription services available in the market. This makes it harder for businesses to choose the best transcription service provider. However, the good thing about this is that you get the chance to compare lots of transcription service providers and choose the best one with the best price as well.
Generally, transcription services cost you around $1 per minute, but this price might fluctuate a bit depending on the service provider you are choosing and the complexity of the task.
Let’s take a look at how you should choose the right transcription service provider. You can also check this url to learn more.
Pick The Right Type of Transcript
One of the most important points you should consider before choosing a transcript service provider is the right type of transcript which will fulfill your needs. Generally, transcription services allow you to choose from verbatim, full verbatim and detailed transcripts depending on your needs. The cost for different types of transcripts is different and increases with the increasing complexity of transcription.
See If You’ll Face Any Penalties
While there is generally a flat rate for a specific type of transcription, the company might add extra fees for specific reasons.
For example, if the person in the audio file is speaking with an accent, the language might become more difficult to understand. Your transcription service provider might take this as a reason to increase the overall price.
Moreover, if the quality of the audio you provide the transcription service with is low, they will charge more money to transcribe it.
Multiple speakers within one audio file can also ramp up the overall price.
These were some of the best points you will need to consider in order to figure out the cost of transcription services you will need.