Video Transcription software is a tool that produces transcriptions of your video recordings almost instantly using speech recognition intelligence. The affordability and speed of this software has its benefits, but it’s important to evaluate whether or not this type of solution is right for your needs. There are numerous risks associated with using automated software over a human transcriptionist, including lower accuracy and lack of quality control. Here we’ll explore the pros and cons of video transcription software and how they relate to your personal brand or company.

Pros of Using Video Transcription Software

If you need a transcription completed immediately, video transcription software may be a viable option. It can also be used to locate specific keywords or quotes in your recording quickly. If you’re experiencing budget limitations, utilizing automated software is sometimes more cost-effective than hiring a professional transcriptionist. However, it is important to consider the drawbacks of choosing affordability over quality for your transcription project.

Cons of Video Transcription Software

While video transcription software can be an appealing option in certain situations, there are some pitfalls that may arise if your needs are more complex. Professional transcriptionists have extensive training in navigating industry terminology, accents, and grammar, all of which can be challenging for software to comprehend.

Why Use a Human Transcriptionist?

While automated software can create a transcription faster, it often has difficulty in identifying punctuation in sentences, which means you’ll need to be willing to invest your own time in properly editing your transcription manually. Depending on your project, the time you spend revising the transcription may outweigh the cost savings of using it over a professional transcriptionist in the first place.

Choosing Your Solution

There are clear benefits to using video transcription software in some cases, but a human transcriptionist will always be better equipped to accommodate your unique project requirements if accuracy and quality control are a priority. If you are going to employ the use of automated video transcription software, you’ll want to make sure that you’re in a position to perform the necessary editing to make your transcription useable. Video transcription software is better suited for smaller transcriptions with optimal recording quality, whereas a human transcriptionist should be used for any project that requires quality control.