Financial Transcription Services India – Transcribing Financial Calls Securely

Financial transcription services plays a very vital role in earning effective and accurate call transcripts at finger tips to enable the quick processing of financial matters.

Financial services and management covers the most critical part of providing economic services which is broadly spread to various organizations managing money such as banks, credit card companies, stocks, government sponsors etc and all the transactions and conversions need to be recorded and which need to be transcriber for further processing and here an effective, secure and accurate financial calls dictation and transcription facility becomes must.

Various software for dictation and transcription helps up the process but it comes with some limitations and to over come these limitations of software an offshore financial transcription companies are hired. Get started with FREE TRAIL.

Financial transcription services such as: 

• Transcription of earning calls

• Financial meeting transcription

• Sales reports transcription

• Financial audio transcription

• Financial seminars transcripts

• Company financial transcription

• Transcribing financial calls

• Corporate transcription service

Check out the in-depth information on financial transcription solutions provided by majority of transcription companies in India.

Inquire and consult for your financial transcription requirements with expert financial transcriptionists and save up to 60% outsourcing cost. Send a brief detail of requirements on info@hitechtranscriptionservices.com

Outsourcing Transcription – A Retainer Contract May Be The Way Forward

If you’re planning to outsource a significant amount of transcription or other administrative work on an ongoing basis then it may well be most cost-effective to use a retainer contract, rather than pay as you go. This generally works well for large organisations who have a significant amount of dictation being produced by senior managers, or for market research companies who regularly conduct interviews with members of the public. It can also work well for universities; it’s a great way to get a discounted service for your students, because while each student might only need a small number of interviews transcribed, across the university or even a faculty over the course of a year there are probably hundreds.

The way a retainer contract generally works is that you agree to send in a certain amount of work per month, which you pay for in advance at a slightly discounted rate. You would need to establish a working relationship with a transcription service first, to make sure that you were both happy with working together. This also helps you to establish with a greater degree of certainty how much transcription you may have each month.

Suppose you anticipate having about ten hours of transcription recording every month. You would first work on a pay as you go basis with the transcription service, who may charge work in a variety of ways – per line, per character, per key stroke, per page, per audio minute or per hour of time taken. At Penguin Transcription we charge per audio minute for digital recordings or per hour of time taken for analogue tapes. However the time taken can vary depending on the quality of the recordings and a number of other factors (see my other articles for more information on this) so your transcription service will need to establish how long your recordings take on average. If your recordings are clear it will probably take about four hours to transcribe each hour of recording, so in this example you are looking at 40 hours of work per month. Or if based on an audio minute basis you’d be looking at 10 hours of recording = 600 minutes of recording, so 600 multiplied by the per audio minute rate.

You would then sign a retainer agreement stating that you agree to pay that amount in advance each month, at a discounted rate agreed with your transcription service. Some services will agree to carry over a small percentage of those hours to the following month if they are not all used, while others will require you to start afresh each month. Normally any extra hours you require, over and above the number stated in the retainer contract, are charged at the standard rate, which is why it’s so important to establish the amount you’re going to need before going in to the retainer agreement.

Retainer agreements will vary with different providers so, as with any contract, do check carefully and be prepared to negotiate for the right agreement for your organisation.Author: Anne HickleySource: http://www.articledashboard.com

Affordable Outsourcing Financial Transcription Services

Hi-Tech Transcription Services leading corporate transcription services, business transcription services providing company in India provides precise, quick and low cost financial transcription services.

For cost saving benefits of up to 40-60% and for INSTANT FREE TRIAL on your financial transcription requirements contact now on http://www.hitechtranscriptionservices.com/contact.php

At, Hi-Tech Transcription Services India we have team of highly trained and industrially experienced financial transcriptionist team dedicated to serve any specific, custom transcription services need of financial industry say:

• Financial transcription for earning calls

• Financial meetings transcription services

• Sales reports transcription services

• Personalize financial executive dictation transcription

• Interim Results, interviews, investor’s relations transcripts

• Market Research Reports transcription services

• Press Conferences, conference meetings transcription services

• Sales Reports, seminars, financial webinar transcription

• Financial report transcription services etc

Providing transcription services to its global clients across many European and western countries including USA, UK, Australia, New Zealand, Canada, France, Germany, Italy, and United Arab Emirates etc enables us with great expertise in various industrial transcription requirements like business, HR, entertainment, media, govt., low enforcement, Education, publishing and many more.

Benefits on outsourced financial transcription services:

• Fast turnaround time from 4 hr to 48 hr transcripts

• Customize TAT as per client requirements

• Error free transcription services

• Guaranteed accuracy of no less than 98.99%

• 3-tier QC and proof reads before actual delivery

• All format input for transcripts are accepted

• 24*7 online supports satisfying client’s inquiry

• HIPPA compliant financial transcription

• Well equipped transcription centers in India

• Secure and confidential clients information

• Financial transcript at 40-60% reduced cost

• Free trail for client to check quality transcription

• And many more

Request more information on financial transcription services provided at Hi-Tech Transcription Services on info@hitechtranscriptionservices.com and to know more visit us on http://www.hitechtranscriptionservices.com/financial-transcription.php

Author: Harvesh Modh