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Cost Effective Transcription

Cost Saving Tips for Ordering Transcripts

Transcription services are often used as a cost saving alternative to hiring extra permanent or temporary staff to take on typing work but the savings don’t have to stop there. There are things you can do to ensure you get the best bang for your buck in ordering your transcripts. Shopping around at different companies is a no-brainer, but here are some tips to make sure that whichever company you choose, you get the most out of what you pay for.

Quality Audio

The first way to save on costs is to ensure you have high quality audio. Poor sound quality can mean extra charges for digital cleaning and the overall extra care and time required in deciphering unclear’s.

Turnaround Times

Transcription prices can vary greatly depending on turnaround times required. A four hour turnaround will be decidedly more expensive than the standard rate, and if you’re looking to save more, you can always look at negotiating on price by offering a more flexible, lengthy deadline if your work isn’t urgent.

Consider what you really need from your transcript

There are different types of transcript formats, including verbatim, intelligent verbatim, discourse analysis, time coded and more. Many people when starting out will assume that verbatim is the best format as it includes absolutely everything that is said, but if you’re not using your document for legal or analytical purposes, intelligent verbatim can be a far better option, as it is less costly and makes for a much easier read.

Know what you’re paying for

Some companies offer incredibly low starting prices, but its really important to know what’s on offer. Outsourcing to foreign countries may work out okay for data entry work but remember, if your transcript doesn’t make any sense and is rife with errors, you may have to pay again to have it retyped. Also, some companies charge extra for proofreading and making amendments where for others this is an inclusive service (amendments usually being a free option up to 24 hours after the completion of your documents).

Strike up a relationship

If you’re looking to have a lot of work transcribed, it pays to be a ‘good’ customer and keep your transcription company happy. Bulk transcription offers discount rates and paying your invoices on time saves you from accumulating any interest on amounts due.
If you are interested in using a cost effective, accurate transcription service, why not get in touch with us today via telephone, email or instant message. We are always happy to help.

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Transcriptionist and Virtual Assistant. View all posts by Samantha