A transcription service is a business related to the conversion of speech whether it is live or recorded into written or electronic text document. Transcription services are often provided for business, legal, or medical purposes. The most common type of transcription is from a spoken-language source into text such as a computer file suitable for printing as a document such as a report.
Some transcription companies sent their staff members to events, speeches, or seminars, where they convert the spoken content into text. Some companies accept recorded speech, either on cassette, CD, VHS, or as sound files. Different organization and company has different rates and methods of pricing. It can vary in per line, per word, per minute, or per hour, which differs from individual to individual and industry to industry.
Before 1970, transcription was not easy to handle it was tough. But in late 1970s, the introduction of tape cassettes made the work easier and new possibilities emerged. Cassettes can travel through internal mail or external mail which meant for the first time, the transcribers could have the work brought to them in their own office which could be in a different location or business. For the first time, transcribers could work from home for many different businesses at their own convenience, provided they met the deadlines required by their clients.
Transcription services in Bangalore provides services of transcription in various fields like medical, business and many more. It looks after the requirement of the client and then work accordingly. There are many advantages for transcription in Bangalore. Some of them are listed as follows.
· It reduces Monthly Overhead
With the majority of workforce located in home-based offices, the cost of office space, furnishings, utilities and other costs associated with operating an office are drastically reduced. Employee insurance and other benefits are typically not an issue, as most home-based transcriptions are independent contractors.
· Promotes Dynamic Growth Potential
As the transcription company adds more clients and businesses, expansion is an easy process. Adding transcriptions may only require the expansion of server space and processing capability.
· Supports Global Marketplace
Because transcription companies operate in a virtual medium, the ability to expand operations into nearly any area of the globe is possible. Clients in other countries can be served by home-based transcriptions in nearly any location, connected via the Internet or other communication methods, such as Virtual Private Networks (VPN), Dedicated lines or even dial-up telephone lines for remote areas.
· It brings larger Initial Investment
Starting a transcription company can involve initial investment in technology and software. While home-based transcriptions may provide their own computers, communications servers, data storage facilities and telecommunications facilities can be expensive, depending on your startup needs.
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