The cheapest and fastest way to get transcription for your audio or video is through an automated transcription service.
Automated transcription costs range from 8 cents per minute to 25 cents per minute. For a more in-depth analysis, read about how much does transcription cost.
Automated transcription is inexpensive because there are no humans involved. The whole process is done by machines.
It depends on the length of your audio or video file. If you have a 30 minute audio or video file, the typical turnaround time would be 5 minutes.
Automated transcription has made considerable strides in the last two years. Accuracy rates are now similar to human transcriptionists so long as the audio or video files are of high quality.
Sonix.ai was ranked highest in terms of accuracy by an independent study from PopUpPodcasting recently updated in December 20171.
Interested in automated transcription? Get your free trial here.
1https://popuppodcasting.ca/blog/automatic-transcription-services-compared
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