The 7 Best Speechify Alternatives for Accurate AI Transcription in 2024

The world of transcription has been largely influenced by AI. A few short years ago, transcription was a human job largely done by freelancers. But, the recent boom in AI has greatly affected the landscape of the industry to the point that most businesses out there consider AI as the top option to transcribe their videos.

These changes to the industry have paved the way for companies like Speechify that have advanced AI fully capable of transcribing content with high accuracy. However, despite it being good, Speechify is not without its problems. There are some problems like accuracy issues, a lack of focus on the transcription specifically, high cost, and more. So, to help you evaluate other options, we’ve compiled a list of the seven best Speechify alternatives for accurate AI transcription in 2024.

We’ve chosen each of the seven top Speechify alternatives based on a variety of factors, including accuracy of transcription, ease of editing, supported languages, security features, overall ease of use, and more. Although Speechify is perfectly fine for basic needs, there are competitors out there who outperform it in a number of ways, so let’s discuss each of their features.

Key Takeaways

• Speechify is a high-end text-to-speech AI system that focuses on turning text into speech through the use of AI voices, while also doing transcriptions on the side.
• Speechify, although it performs well in terms of text-to-speech, has numerous issues as far as transcriptions are concerned, with accuracy, security, and cost being three of them.
• Sonix is a top Speechify alternative, as it has a multitude of high-end AI features designed specifically for transcription, translation, subtitling, and captioning.

What is Speechify?

Speechify, above all else, is a text-to-speech system. It takes written text and turns it into spoken words through the use of artificial intelligence-generated voices. Indeed, it is advanced and highly functional on this front. It’s ideal for dubbing purposes in relation to video content. 

Speechify performs a number of other functions as well, with transcription and translation being two of them. It’s known for being quite fast and relatively accurate (although there are faster and more accurate options out there for your transcription needs).

Why Should You Look for a Speechify Alternative?

Speechify has its upsides, but as with any AI transcription service, there are downsides to consider as well, reasons why Speechify alternatives such as Sonix look very attractive.

Accuracy Issues

Although Speechify certainly does not have the worst track record as far as transcription accuracy is concerned, it is also far from being the best. On average, expect this system to produce transcripts that are roughly 90% accurate. 90% does seem high, however, it does leave a bit to hope for when you consider that tools like Sonix are offering up to 99% accuracy.

Usability Issues

There are some usability issues as well, especially when the software attempts to read a text live from a file. It often pauses in between sentences as it is processing, and sometimes even switches AI voices without instruction. All of this can be seen in this Speechify video review (along with some other usability issues). Many users have pointed out that there are some major bugs in the system as well.

Lack of Focus on Transcription

Speechify isn’t primarily a speech-to-text transcription tool. That’s just one of the many services the website is currently offering. The site’s main focus is taking written content and turning it into spoken words with the help of artificial intelligence generated voices that even include the voices of some celebrities like MrBeast. 

Although these features are very useful for things like closed captioning and for educational purposes, this takes away the focus from transcription, mainly the quality of transcription and the depth to which transcriptions can be edited and analyzed. 

This is where alternatives to Speechify such as Sonix come into play, which focus specifically on transcription, subtitling, and translation. If these are the services you’re looking for, you would be better off going for an alternative.

Plans

Speechify’s plans are a little different than most transcription tools. There’s a free plan that doesn’t include transcription. The Basic and Premium tiers have 50 and 100 hours of transcription for $69 and $99 per user per month. But, the dicey part here is that the rate limits of 50 and 100 hours are on an annual basis. It doesn’t matter if you end up using your limits in the first month, you’re not going to be able to use transcription for the rest of the year.

Security

Although Speechify has some fairly robust security systems in place to keep your data safe, just like with everything else we’ve mentioned today, it’s also far from being the best. If you’re looking for an extremely safe and secure platform to do your transcriptions on, there are better options out there.

What Are the Best Speechify Alternatives?

1. Sonix
2. Happy Scribe
3. Otter.ai
4. Trint
5. Rev
6. Speak AI
7. Fireflies

1. Sonix

Sonix is a highly advanced artificial intelligence system designed specifically for high quality transcription, subtitling, captioning, and translation needs.

It features a vast array of artificial intelligence tools designed to create extremely accurate transcriptions from both video and audio content. Thanks to features such as sentiment analysis and speaker recognition, the transcripts created by Sonix are unparalleled in terms of accuracy.

This means that Sonix is ideal for use in a multitude of industries, with the main focus being on multimedia creation and management, video and audio editing, digital content creation, and social media content creation.

However, thanks to its robust artificial intelligence-based features, high-end encryption and security measures, and a variety of nifty features, Sonix is one of the most diverse transcription tools in the market. Let’s take a closer look at all of the features that this leading Speechify competitor comes with.

Features

Let’s break down the main features and benefits of Sonix below.

Accuracy

Thanks to the highly advanced capabilities of Sonix, the accuracy rate of these transcripts is the highest you can get with AI transcription. On average, it reaches accuracy rates between 97% and 99%, clearly making it the number one Speechify alternative, and by far the best option in terms of accuracy.

Security

Between the TLS data encryption, AES-256 storage encryption, two-factor authentication, constant surveillance, a dedicated security team, SOC 2 Type 2, network firewalls, and more, users can rest assured that Sonix is safe and secure.

Here are some other core features of Sonix.

• Translations: Sonix is able to translate transcripts and subtitles into over 39 languages, allowing for a vast global outreach. Accurate translation is a big selling point of Sonix.
• Transcript Summaries: A very useful feature of Sonix is that it creates transcript summaries that highlight the most important points within a text, thus helping you save time when you need to find crucial pieces of information. We have a bunch of other AI Analysis tools as well including sentiment analysis, thematic analysis, speaker labeling, diariziation and much more.
• Various Integrations: Sonix is designed to allow for a very smooth workflow, which is why it has a multitude of integrations, including, but not limited to, research, multimedia, and productivity integrations.
• Editing and Collaboration: Sonix also comes with features designed to make it very easy to share and edit transcripts, subtitles, and more. The intuitive editor makes editing fast and easy.

Pricing

Sonix is one of the most budget-friendly transcription tools on the market. Firstly, if you want to try out the software before you make the purchase, Sonix offers 30 minutes of free transcription minutes.

• Standard Pay-As-You-Go Plan: $10 per hour
• Premium Subscription: $5 per hour flat fee along with $22 per user
• Enterprise Subscription: You’ll need to contact the Sonix team for pricing

Find out just how powerful Sonix is. Click here to give it a try. No credit card required.

2. Happy Scribe

Happy Scribe uses a combination of artificial intelligence and humans to create transcripts, subtitles, and captions. Thanks to the human translation services, over 120 different languages are supported.

This makes Happy Scribe one of the go-to choices for people who need their content translated and accessible in many different languages.

That said, you should know that Happy Scribe divides itself between its human services and AI services, which sometimes leads to the AI side of things lagging behind. If you’re strictly looking for AI services, Happy Scribe might not be the best option. But, if you want 100% accuracy and aren’t hesitant to spend the extra cash to get there, human transcription can be helpful.

Features

• AI Transcripts: Using AI, Happy Scribe is able to create transcripts out of audio and video content. The results are very quick, although the accuracy rate tends to top out at around 85%, with competitors like Sonix having the edge.
• Human Transcripts: Where Happy Scribe really shines is in its human services. Happy Scribe employs a huge network of human translators, captioners, and transcribers to create highly accurate transcripts, bordering on 100%. However, any kind of human services at Happy Scribe are fairly expensive.
• Supported Languages: The most impressive thing about Happy Scribe is its supported languages. The platform is capable of translation and transcription in over 120 languages. That’s head and shoulders above what other services on this list are capable of. 
• Ease of Editing: Happy Scribe Has a fairly good interactive editor that allows team members to edit captions and transcripts simultaneously for an easier workflow.

Pricing

Happy Scribe has a free plan that it offers newcomers, but it barely has any minutes or features and does not allow you to export anything until you upgrade your package to a paid one. If this is a dealbreaker for you, we also did an article on the top Happy Scribe alternatives that you might want to check out.

• Basic Plan: $17 per month with 120 minutes of transcriptions
• Pro Plan: $29 per month with 300 minutes of transcriptions
• Business Plan: $49 per month with 600 minutes of transcriptions
• Enterprise Plan: Contact Happy Scribe for pricing and features
• Human Transcription:  $1.75 per minute

3. Otter.ai

Otter.ai is a top Speechify alternative if you need a system that can accurately transcribe conversations, lectures, and meetings. This is the main use case for this tool and it’s widely regarded as the best tool out there for recording and summarizing conversations.

Features

• OtterPilot: Perhaps Otter’s standout tool is OtterPilot, an advanced tool that allows the artificial intelligence system to join many different video conferencing platforms, record the meetings, and transcribe the conversations. OtterPilot can be automatically programmed to join your meetings when you aren’t available and will make sure you never miss a beat even when you’re offline!
•  Live Transcriptions and Summaries: Otter excels at creating live transcriptions during meetings and conversations held on video conferencing platforms. Not only does it create transcriptions with upwards of 83% accuracy, but it also creates summaries of those transcriptions to highlight all of the most important conversation points.
• Follow-Up Emails with Highlights: Once those transcript summaries have been created, Otter.ai then sends all involved parties follow-up emails, complete with highlights and any points worth mentioning.

Pricing

Otter looks great when you first look at the prices. However, something to be aware of is that they are notorious for increasing their costs without any prior notice. This is a complaint a lot of customers have so it’s important to keep this in mind. 

• Basic Plan: Free of Cost – 300 transcription minutes and up to 30 minutes per conversation
• Pro Plan: $16.99 per Month – 1,200 transcription minutes and up to 90 minutes per conversation
• Business Plan: $30 per Month: 6,000 transcription minutes and up to 4 hours per conversation
• Enterprise: You’ll need to contact Otter for pricing and details

4. Trint

If you’re in the media and communication industry and are looking for a tool that can transcribe your files, Trint is a tool made just for you.

Trint’s accuracy is definitely on the higher end of the spectrum, which makes it capable of producing fairly precise transcriptions for journalists around the world.

The only major downside of Trint is its price. The tool is one of the priciest transcription software in the market. 

Features

• AI Transcripts: Trint uses a variety of artificial intelligence tools, such as speech recognition, to create transcripts of audio and video content with a very high degree of accuracy, upwards of 95%. However, this accuracy largely depends on the quality of the audio. If there is a lot of background noise in the audio, the results might not be what you’re expecting.
• Transcript Analysis and Summaries: Apart from transcripts, Trint also creates summaries of those transcripts and analyzes them to take out the important information to summarize the whole audio, making sure you don’t have to read the whole thing for one small detail.
• AI-Generated Subtitles: Trint also uses its artificial intelligence capabilities to create subtitles and captions for audio and video content, making content more accessible for a wider range of users.
• Translation Capabilities: Trint can also translate transcripts and captions into over 40 languages, a great feature in terms of global outreach.
• Collaboration: The interactive editor of this artificial intelligence transcription service is worth mentioning, as it allows all team members to edit documents at the same time.
• Mobile Function: The fact that Trint is mobile-friendly is a leading feature and it’s a feature that many other services just don’t offer.

Pricing

As we mentioned above, although this is a great service, it is very expensive. For basic needs, especially individuals on a tight budget, it’s probably not the best option.

• Starter: $80 per Month – 300 transcription minutes
• Advanced: $100 per Month – 1200 transcription minutes
• Enterprise: Contact Trint for Enterprise pricing and details

5. Rev AI

Rev.ai is yet another leading alternative to Speechify, one that uses state-of-the-art artificial intelligence to turn pre-recorded audio into accurate transcripts. Rev uses a high-end speech-to-text API For audio, making it a leading competitor in this field. 

Rev.ai is quite popular among journalists, content creators, and businesses of all sorts. It’s suitable for professional uses thanks to its leading speech recognition technology that ensures a great degree of reliability. Rev is HIPAA-compliant, so it’s a great tool for those in the medical field as well.

However, Rev also employs a vast network of humans for transcription and translation services, which may at times take the focus away from artificial intelligence-based services. It also happens to be ideal for transcribing meetings and conversations, thanks to its integration capabilities with video conferencing tools.

Features

• AI Transcripts: That leading speech recognition technology allows Rev to achieve accuracy rates upwards of 90%, which means that minimal editing is required afterwards.
• Global Accent Model: Impressive is the global accent model, which allows the system to recognize a wide variety of accents for accurate transcription.
• APIs: The enterprise-level API that Rev.ai features is ideal because it allows businesses of all sizes to integrate their existing systems seamlessly with Rev.
• Human Transcription and Translation: Rev employs over 70,000 individuals to perform transcriptions, translations, and captioning. These are highly accurate, but also very expensive.
• Integrations: Rev.ai has a wide array of integrations available, with the focus being on video editing software and live meeting/conversation apps.

Pricing

Although not the cheapest in the world, Rev.ai has competitive pricing, especially for its AI services, although the human services are far more expensive.

• AI Transcription: $0.25 per minute
• AI Captions: $0.25 per minute
• AI Subscription: $29.99 per month (1,200 minutes of transcripts with a 14-day free trial, $0.15 for every minute over 1,200 minutes)
• Human Transcription: $1.50 per minute
• Global Subtitles (Human Powered): $5 to $12 per minute
• Rev for Business: Contact sales for information

6. Speak AI

If you’re looking for a Speechify alternative that goes far beyond simple transcription, Speak AI is worth considering. The reason for this is that one of the main goals of Speak AI is to provide you with valuable information and insights about the transcription it creates.

Between speaker identification, keyword extraction and analysis, thematic categories, sentiment analysis, and more, it can provide you with all the most important information you need about any transcript. It’s an ideal choice for business analysts, educators, legal and medical professionals, marketers, and content creators.

Features

• AI-Generated Transcripts and Summaries: Speak AI excels at using speech recognition and a variety of other artificial intelligence-fueled systems to create accurate transcriptions in very short periods of time, with accuracy rates above 90%. It can then take those transcripts and turn them into summaries, so you can easily scan over the most important points.
• In-Depth Editing and Analysis: The defining feature of Speak AI Is that it comes with a variety of tools designed to allow you to easily find various pieces of information within the transcripts, and this goes far beyond the summaries. You can do a deep search for specific keywords and phrases, transcripts are labeled with names, locations, and organizations, you can identify categories, themes, sentiments, and more. There is also an editor that can be used to edit those transcripts.
• APIs and Integration: Need to add Speak AI to your workflow a little more directly? The tool has a bunch of integrations with popular meeting and video creation software making it super quick and easy to use Speak’s services.

Pricing

Speak AI has competitive pricing, along with a great pay-as-you-go entry package, allowing individuals to use it for singular needs without having to sign up for a subscription.

• Pay-As-You-Go
• Starter: $29/month – 10 hours per month
• Custom: Contact Speak AI for details

7. Fireflies

Last but not least, we have Fireflies, a leading Speechify alternative if you need a tool that is adept at recording meetings, voice conversations, and taking notes.

This service is geared towards teams, professionals, businesses, and really anyone who often has meetings online that need to be recorded, transcribed, and analyzed.

It’s also a useful tool for teachers and educational professionals who want to record lectures. It’s also able to integrate with a variety of video conferencing tools for a much smoother workflow.

Features

• Meeting Recording: Fireflies is useful because it can record video and audio from meetings and conversations so you can go back over them in the future.
• AI-Generated Transcripts: Fireflies uses advanced artificial intelligence to create conversation transcripts in real-time. By the time your meeting or conversation is over, the transcript will be ready.
• Transcript Summaries and Analysis: Fireflies is also capable of creating concise transcript summaries so you don’t have to read through full blocks of text. It also features advanced decision and action detection, which helps it to identify all decisions and actions made within a conference or meeting. The system also allows users to extract main keywords and topics.

Pricing

As far as free plans are concerned, Fireflies features one of the best in the business, with 800 minutes of storage and unlimited transcriptions, although all other features are very limited. If you want access to full features, you’ll need to pay for a subscription.

• Pro: $18 per Seat/Month – Unlimited Transcription + 8,000 Minutes of Storage
• Business: $29 per Seat/Month – Unlimited Transcription + Unlimited Storage
• Enterprise: $39 per Seat/Month – Unlimited Transcription + Unlimited Minutes of Storage (and any other Enterprise exclusive features)

What is the Best Speechify Alternative?

Here’s a side-by-side comparison of the seven AI transcription services reviewed today, based on a number of key features.

The Best Alternatives to Speechify – Final Thoughts

If Speechify’s speech-to-text transcription isn’t suitable for your needs, Sonix is a great alternative that’s going to give you a better experience with transcribing your video/audio files.

With an accuracy percentage of 99%, Sonix’s transcripts are going to be unrivaled and will require minimal to no editing post-transcription. With Sonix, you’ll check all the boxes that you missed during your experience with Speechify.

If you’re looking to try out what Sonix can do, sign up for a free trial with 30 minutes of transcription. No credit card required.