In every company, small or big, there would be a substantial amount of audio recordings which are vital to the company. To preserve those recordings, companies normally seek the help of digital transcription services to get those recordings transcribed. Digital transcription services are very commonly used by law firms and hospitals. In case of law firms, important recordings such as courtroom discussions, court hearings, appeals, depositions, testimonies are all transcribed and preserved in digital form. In case of hospitals, patient records which are normally present in audio forms are transcribed and kept in digital forms for future references. These services are also used in educational and financial institutions too.
Some big companies would have their very own in-house department that handles digital transcription. However, such companies are beginning to realize that it is not such an efficient method. They are slowly beginning to scrap their own in-house transcription departments and are outsourcing the services to professional digital transcription companies or even individual transcriptionists. In fact, small and medium-sized firms have no other option than to outsource their transcription projects to professional transcriptionists and this method has been working quite well for most of them.
Outsourcing has plenty of benefits. First of all, it is completely hassle-free. You need not pay monthly salary to in-house transcriptionists even when you don’t have any work for them. With the outsourcing method, you only need to pay the transcriptionists when you have work for them. You also don’t have to deal with setting up the infrastructure just for the transcriptionists. A lot of freelance transcriptionists work from home.