With every company and institution going into hybrid or online mode, business meeting software is becoming more and more helpful in connecting people smoothly from all over the world. And, with the infusion of AI technology, transcribing them has become easier than ever.
But, with so many amazing online transcription software options available, it becomes challenging to find the best one that offers exceptional features like automatic notes, lower prices, and compatibility options. This article will help you determine the best possible online transcription software available on the market to carry out meetings efficiently.
How to choose the best online transcription software?
There are various types of Business Meeting Software available that are making it easier for companies to conduct virtual meetings and stay updated with people either working from home or even from a different continent. Determining the best video conferencing software that offers better video quality and longer sessions isn’t that hard.
But finding an AI-driven transcription software that automatically makes all the notes and helps increase productivity by offering various features is what makes it a tougher choice. So, if you are having a hard time deciding on the best online transcription software for your organization, here is a list of key components to look out for.
1. Accuracy
When picking the best transcription software, ensure that the application offers a minimum of 90% accuracy. This accuracy rate depends on the machine learning models that the software uses and also on the quality of the recordings they receive incorporated with background noise. So, find software that eliminates as much background noise as possible.
2. Processing Time
The turnaround time is yet another crucial factor in choosing the best online transcription software. Good software takes around half an hours time to transcribe an hour-long meeting or an audio file. There are much software that offers faster processing times at lower costs, so choose the one according to your company’s requirements.
3. Pricing Strategies
Most online transcription services involve AI transcription technology that requires expensive server operators to maintain them. Because of this reason, it makes even the best online transcription plans a bit costlier, and they either charge you hourly or provides a limit on the number of hours you can transcribe. So, choose accordingly to your needs.
4. Compatibility with Other Applications
Modern AI transcription software runs on SaaS models, which makes it easier to integrate and connect with other apps hassle-free. These integrations help you save tons of time and money and increase software functionalities. Before investing in online transcription software ensure it’s compatible with the applications or web services you often use.
5. Features Offered
Apart from a good processing speed and faster integrations, find out what additional features the software holds that will prove useful for your company. Many software products offer data security and privacy features along with smoother user experience and quicker optimization services that prove to be very essential in the long run.
Why Otter.ai?
Otter.ai is a voice-to-text transcription software that uses artificial intelligence technology, making it one of the best online transcription software investments of 2023. The tool basically picks up all the voices in an audio file or a live feed, processes it with an AI algorithm, and starts transcribing them on the Word document. Whether you need business solutions, educational resources, or individual services, the platform offers it all with a 90% accuracy record.
You can easily install the application on your phone or desktop and record all the meetings and interviews from anywhere in the world. If you want to convert any audio or video files, all you need to do is upload them to Otter.ai and it will instantly start transcribing them. You can even set up the Otter Bot to join and transcribe every meeting you’ll be a part of. So, with so many features and services, Otter.ai transcription software is surely a worthy investment.
What Solutions does Otter.ai offer?
The platform offers many transcription solutions depending on whether you are an organisation, an educational institute, or an entrepreneur starting their own line. There are various plans available that you can choose from according to your requirements including a Basic Plan (free), a Pro Plan (starting at $8.33 per user/month), Business Plan (starting at $20 per user/month), and an Enterprise Plan.
1. Business Solutions
Otter makes all your meetings productive and much more collaborative with a live transcription feature that records and produces key takeaway notes accurately. If you don’t have time to attend the meeting or are running late, simply let the OtterPilot auto-join the Zoom or Google Meet meeting and it will automatically note down all the important key takeaways you’ll require.
You can even tag your team members with action items that they need to work on and they can easily find all the details in the notes. The best part about using Otter.ai is it offers a brief summary of all the meetings and automatically emails them to everybody at the end. If you are a large enterprise that requires advanced control and additional features, the platform caters to those needs too.
2. Educational Purposes
Otter provides real-time captions and notes for both in-person and online classes, benefiting both students and lecturers. Simply connect Otter to your Google or Microsoft calendar and it will automatically join and record all your lectures and session notes.
The online transcription software even captures the lecture slides and adds them to your notes so that students can easily recall all the details and important articles. Students can highlight, comment, or even insert images within class notes and can tag each other while asking questions without interrupting the ongoing session.
3. Individual Services
Use OtterPilot to engage and collaborate more in conversations by recording or transcribing in-person and virtual interactions. And, you can remember all the important conversations in one place with super-integrated search capabilities.
Whether you need customisation options to make the notes more personal and specific to your needs or you want to access the online transcription software from anywhere across the world. Otter.ai lets you do so easily. You can record the sessions from any device be it your smartphone or on the desktop with the Otter.ai application.
Conclusion
Choosing an online transcription software from so many options is surely a challenging task. Otter.ai is one such online transcription software that offers precise writing, automated voice-to-text notes, lower prices, and various plans to choose from. So, if you are looking for affordable transcribing software, Otter.ai is the perfect answer. For more such information, visit Nowandlive.
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