Article

Why transcription services can help grow your business

There's no magic trick to make a business grow overnight, but AI transcription services can quickly save time and money for your business. No alakazam necessary.

May 21, 2019

Want to grow your business? Every entrepreneur who’s ever lived has wanted to see their idea take off - getting started is just the beginning. While it can be hard to kick things off in the business world, once you’re settled in it’s time to look at a strategy for growth and start using as many tools as possible to get you there. Transcription services like Trint have propelled businesses to streamline their business workflows, boost productivity in business and foster work efficiency. Let’s take a look at how business growth can be achieved by unlocking the power of the spoken word.

Saving time and money: Business growth 101

Corporate transcription has been traditionally handled by in-house digital audio typists or the help of an external transcription services agency. Business transcription services can be costly, and handing over sensitive corporate information to an external transcription service puts you at risk of a data breach. A breach of your corporate data is really expensive and the damage to your reputation as a business can be irreversible. If you want to grow your business, you’ll need to keep your transcription in-house to make sure important data stays safe. If you have to pay out for a breach of your corporate or client data, you can kiss goodbye to any further growth.

Hiring a member of staff who’s dedicated to manually transcribing documentation - an audio digital typist or in-house transcriber - slows down your documentation process while bringing costs up. Any business that wants to grow should watch their bottom line like a hawk and keep costs as low as possible, so taking on an additional headcount, paying an extra salary and having one person manually take care of your transcription services will be a huge waste of time and money. Chances are your business will need a lot of documentation - your in-house business transcription service will need to take on a whole lot of work to stay on top of that workload.

Opting for an automated transcription service like Trint is a triple win:

1. You’ll keep documentation in-house, avoiding the threat of a data breach

2. You won’t have to pay out for costly external transcription services

3. You’ll cut the cost of hiring a transcriptionist in-house.

Trint’s intelligent platform converts audio to text efficiently, and as a low-cost alternative to an external corporate transcription service, it will free up your budget to focus on growth.

 

Protecting your data protects your growth

For businesses like law firms and medical organizations, the amount of sensitive information processed every day is just not worth putting into the hands of an external transcription service. Technology has disrupted every sector, and hacking it to grow your business is good business practice. Transcription services like Trint let you keep documentation in-house, protecting your data from breach and ensuring your sensitive material and industry secrets are secure. This keeps growth moving in the right direction.

 

Workflow tools will help businesses grow fast

 

Hacking your business workflows: how teams can benefit from an automated transcription service

As for workflow tools, automated transcription lets your team work quickly and at a low cost. Boosting both employee productivity and overall productivity in business are obvious advantages for business growth. Today’s content teams are under pressure to create huge volumes of content, and as content shifts towards audio and video, your team will find there’s a lot of transcription to be ticked off the to-do list. Using Trint to transcribe audio and video content will allow your content team to speed up their workflow and increase output, providing more content for monetization. Money equals growth.

Administration is a huge part of your business, and employees who deal with the documentation of important meetings and oversee the day-to-day running of your office will get a lot of benefit from transcription services. Your organization should run like a well-oiled machine so that it can easily grow and develop - starting with your basic administrative documentation will keep things in great running order as you become a larger organization.

 

Speech-to-text tools for business can accelerate internal processes

 

As for management and senior staff, consider how meeting transcription can benefit your company: recording key business growth meetings and transcribing them to later share with your staff will help you foster transparency in your business. Internal communication is really important for the growth of your business - keeping everyone informed about the company as you put a growth plan into action will keep your staff on board from the ground up.

 

Let transcription services from Trint help you grow your business. Try it today

 

Read our tips on productive remote working