How AI transcription can transform advisory services

Learn how AI transcription can transform your advisory services. Trint helps consultants overcome the challenges of expert interviews, boost efficiency, and ensure data security.
January 28, 2025

As a consultant, you can't possibly know all the information you need off the bat. This includes industry and company knowledge as well as highly specific expertise like financial performance, IT systems, legal infrastructure or workplace culture. While interviews can provide valuable insight, time constraints can make these incredibly difficult to do well. And incomplete data or information can lead to significant problems later on, including financial or reputational damage. That's where Trint comes in.

In this guide, we'll look at the challenges consultants face when it comes to advisory services and how transcription software like Trint can make the whole process more efficient. 

Bridging the gap with expert interviews

Interviews are an important part of advisory services. They're critical to plugging knowledge gaps to get a more holistic view of a business. While documents and reports give a factual baseline, interviews with senior management execs, customers, competitors or industry professionals reveal context, motivations and insights that might not be found on paper.

The unique challenges

Expert interviews can come with their own set of challenges that can affect the momentum of a project.

Time constraints

You want to be thorough with your research but don't want to slow things down. Big-money clients demand measurable results. And let's not deny it — the process of note-taking can be mind-numbing at times! All of this can slow down the flow of information and insights to senior consultants and, in turn, to clients. 

Traditional transcription headaches

Without stating the obvious, notes are essential for any meeting. But manual note-taking can be a painstaking process, often too slow and laborious to keep up with the pace of the discussion. Important details might slip through the cracks, especially in high-pressure situations. On top of this, teams often find themselves burning the midnight oil to pull out vital info.

Of course, you could always use transcription tools built into your video call software. Programs like Zoom, Teams and Google Meet all have transcription tools included, which can take notes for you. But these often fall short of delivering accurate results. 

These apps need high-quality audio with minimal background noise, which is tricky to get from a simple video call. Transcripts can be riddled with errors which then need extra time to be edited for accuracy. This is even more complicated when you consider that the transcript documents are static and generally can't be edited. Plus, they're only restricted to their selected platform and can't transcribe recorded files — rendering them completely useless if you're doing phone or face-to-face interviews. 

Language barriers

When working with international businesses, language barriers can be a big issue. Teams often need to rely on professional interpreters or language-specific technology to bridge these gaps, which adds even more complexity, time and cost to the process. Plus, inaccurate translations or a lack of cultural context can impact communication and make it harder to build trust and extract meaningful information.

Regulatory challenges

Advisory services require high volumes of sensitive data. Regulatory frameworks like GDPR, FCA and SEC add another layer of complexity, where even a minor slip-up in data privacy can lead to hefty fines, litigation or a deal falling apart entirely.

How can Trint help?

So what's the solution? Trint is designed to make interviews and transcriptions fast, simple and stress-free. Ditch the dull admin and spend more time on what really matters.

Transcribe faster and more accurately

With its lightning-fast video, audio and voice transcription capabilities, Trint turns hours of interview recordings into searchable, editable text in minutes. Whether it’s MP3s, WAVs, M4As, voice memos, messages or various video formats, Trint makes uploading and transcribing simple and seamless.

You can edit, highlight and comment on your document as your recording plays back. Collaborate on your doc with the rest of your team to uncover key findings faster than ever before. Under time pressure? Trint can summarize your data, fast. In just a click, you'll get all the essential info from your calls and interviews — perfect for time-constrained senior leaders. You can also invite guests from outside your team or organization to verify transcripts and documents. And with the Trint app, you can transcribe live and share the feed instantly with colleagues.

Say goodbye to error-riddled transcriptions and hello to more productive days and restful nights — no more all-nighters just to get the job done! Trint’s AI-powered tool works with up to 99% accuracy, significantly cutting down on the time spent on rechecks and corrections. Teams can confidently rely on Trint to take better meeting minutes, ensuring no crucial information slips through the cracks. 

Break down language barriers

Whether you’re interviewing stakeholders in a foreign market or analysing regional operations, Trint makes cross-border collaboration seamless. Our advanced AI can transcribe in up to 40 languages, then translate your document into up to 50. Trint can even detect accents for even more accurate transcriptions and translations.  

For added convenience, the Trint mobile app lets you transcribe interviews live and share the feed with your colleagues in 35+ languages.  It even auto-detects languages during live speech, transcribing everything into one seamless document. No more time drains and translation headaches — Trint keeps the process smooth, efficient and on track.

Enhanced data protection

Trint is built with security at its core, making it perfect for law firms and financial services. We're ISO 27001 certified, fully GDPR compliant and all your data is encrypted at rest. Don't want to store your data in the US? No problem! We offer data storage in both the US and the EU, so you can choose a location that suits your needs best.

Unlike other transcription tools, we never use your recordings or transcripts to train our AI. Only you can access your data and you have full control over who you share it with. Granular user permissions allow you to grant or revoke access whenever needed, ensuring sensitive information stays secure.

Strategic advisory services require precision and efficiency — two concepts that don't necessarily come hand in hand. But, with a transcription tool like Trint, you can work faster, not harder. Try it for yourself today with our 7-day free trial. You'll get full access to our Advanced Plan with no credit card details required. Or, book a demo with a member of our team to see how Trint can transform your workflow.

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