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.
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).
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.
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.
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.
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.
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.
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.
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.
Let’s break down the main features and benefits of Sonix below.
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.
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.
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.
Find out just how powerful Sonix is. Click here to give it a try. No credit card required.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Here’s a side-by-side comparison of the seven AI transcription services reviewed today, based on a number of key features.
| Service | Accuracy | Security | Languages | Prices & Plans | Customer Support | Average Rating |
| Sonix | 4.9 | 4.6 | 4.5 | 4.8 | 4.9 | 4.74 |
| Happy Scribe | 4.0 | 4.2 | 5.0 | 3.8 | 4.0 | 4.2 |
| Otter.ai | 4.3 | 4.4 | 2.0 | 3.5 | 4.2 | 3.6 |
| Trint | 4.7 | 4.1 | 4.2 | 3.5 | 4.1 | 4.1 |
| Rev | 4.5 | 4.3 | 4.3 | 3.7 | 4.3 | 4.2 |
| Speak AI | 4.4 | 4.2 | 4.1 | 4.1 | 4.4 | 4.2 |
| Fireflies | 4.0 | 4.0 | 3.9 | 4.2 | 4.0 | 4.0 |
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.
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