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Choosing a transcription service requires many considerations. In today's fast-paced world, speed is vital, as well as accuracy. You want to spend as little time as possible correcting the errors in the transcription. Thus, it's essential to choose transcription software with speech recognition.

There are many transcription services available online, yet only a select few have high accuracy and speed when it comes to converting speech to text. You're more likely to pay a lesser fee than paying language professionals to transcribe your video or audio content. Using automatic transcription software allows you to transcribe large amounts of content quickly and accurately, saving you the time and effort to focus on more valuable tasks.

We've outlined the best speech recognition software so you can generate online transcriptions for different use cases, like documenting your meetings, taking notes from a lecture, or repurposing your video content into a blog or social media post.

1 Sonix

(Photo : Screenshot from Sonix website)

Overview

Sonix offers fast, accurate, affordable transcripts with up to 97% accuracy for its speech recognition. It is an automated transcription software powered by cutting-edge AI. From simple transcripts to full-scale video production, it streamlines the process of transcribing, making it effortless for millions of customers worldwide.

Prestigious institutions and multinational companies use the online transcription service, praising the speech recognition tool for its ease of use, accuracy, and cost-efficiency. Customers have saved about 60% of the time they would allocate for transcribing. Some have even mentioned that editing transcripts eliminates the pain points, making the work more enjoyable.

Sonix supports up to 39 languages. It can add subtitles to videos easily and automatically, making video content valuable to people with hearing disabilities. It can handle all major file types, giving users flexible import and export solutions to avoid delays in file conversions or prevent potential corruption issues.

It is also capable of managing other transcripts. Its transcriber can combine the existing transcript and the new audio, so users don't have to waste many hours manually transcribing a file.

Key Features

Sonix features a user-friendly interface. It requires no guidance or support from the manufacturer. Users simply need to drag or upload any audio or video file into the platform and click transcribe. It can provide an automatic transcription as fast as one minute.

Automated Diarization

Sonix automatically identifies speakers and separates the exchanges into different paragraphs, making the video transcription more comprehensive through automated diarization. The result is a well-organized transcription document ready for immediate use.

Word-by-Word Timestamps

Sonix provides timestamps for each word uttered or spoken in the audio or video file. This feature makes it easier to track the pacing or monitor the accuracy of the video transcription.

In-browser Transcript Editor

It also features an in-browser transcript editor that can assist in polishing the transcript so it synchronizes with the uploaded media file. It is useful for removing intonations, sounds, or slang terms picked up by the automated transcription software.

Speaker Labeling

It can also assist in speaker labeling. Users can choose from its speaker dropdown to label the speakers present in the media file.

Custom Dictionary

Users can build a custom dictionary by adding specific words and phrases the platform cannot fully comprehend initially. It prioritizes the custom words when transcribing. Users can also set up multiple dictionaries for different content purposes or clients, making it easier to optimize the video transcription.

Automated Timecode Realignment

Sonix can also realign the individual words to the audio and regenerate each word's time code.

Multitrack Uploads

The cloud-based automated transcription software can also handle multitrack uploads. It combines different audio tracks into one transcript with the speakers automatically labeled.

By leveraging the advancements made in AI and natural language processing technologies, Sonix can tackle even the trickiest transcription challenges, such as muffled voices, background noise, or accents.

Many have praised the tool for its ease of use, accuracy, and cost-efficiency. While it can't guarantee perfection, it has an in-browser text editor that lets users iron out any last-second quirks to achieve 100% accuracy.

2 Otter

(Photo : Screenshot from Otter website)

Overview

Otter can record and transcribe in-person and virtual meetings, empowering teams to engage and become more productive with automated notes, audio transcription, summaries, and action items. It turns meetings into accessible and actionable data for teams and organizations to leverage to increase collaboration and productivity. It also integrates with video conferencing apps and provides well-designed mobile apps, including a Chrome extension for browser users.

It leverages proprietary AI for speech recognition, so it can write meeting notes in real time, and users can share them with everyone for collaboration. It has transcribed over 1 billion meetings, saving professionals millions of hours and making them more productive.

The company has over 14 million registered users, coming from Fortune 500 companies to small businesses, including universities and community colleges. It continues to redefine the future of communication by making it more collaborative, accessible, and productive with the use of AI.

The basic plan is free to use for individuals getting started. It also offers a free 7-day trial for its business plan, which contains exclusive features for collaboration.

Key Features

Automated Meeting Summary

Otter can produce an automated meeting summary, capturing the details of a virtual meeting, with hyperlinks to meeting notes and slides. It emails the summary to all meeting participants, with the option to include additional action items, comments, or questions in the notes.

AI Chat

Teams can ask questions about any discussion points or key decisions, and Otter can provide answers based on the transcription. It responds through OtterPilot, the AI chat for meetings, which can also generate content like custom meeting summaries, follow-up emails, or action list items.

The AI chat can also extract sales insights, add notes to Salesforce and HubSpot, and perform other administrative tasks so sales teams can spend more time closing deals instead of entering CRM data manually or analyzing sales calls. It can also give visibility to the verbatim discussion, enabling sales leaders to coach sales representatives.

Takeaway Panel

Otter features a Takeaway panel where each highlighted text from the transcript gets displayed. It becomes the point of reference for teams to discuss the important details of the meeting or for students to review the class discussion. Users can ask questions and tag other people on the panel without causing interruption to the ongoing transcription of the speech recognition tool.

Otter records audio and transcribes in real-time. It can auto-join virtual meetings and take notes, helping business teams, sales, and even students become more productive with automated notes. It can also transcribe any YouTube video or video/audio files stored in Dropbox and export them in a variety of file formats. Overall, it is well-suited for collaborative work due to its advanced AI features.

3 Trint

(Photo : Screenshot from Trint website)

Overview

Trint leverages AI to convert speech to text, using automated speech recognition and natural language processing to decipher the sounds that make up human speech. It can reach up to 99% accuracy with the ability to transcribe in real-time, making transcripts appear as fast as 3 seconds. It supports over 30 global languages and makes the transcript searchable, editable, and shareable.

Trint is by leaders in news and media across the world, saving 400 hours of work for content teams and $100K in monthly content creation workflows. It goes beyond transcription with tools to help users find the best parts of their audio and video content. While it offers no free version, customers can test the speech-to-text software freely for seven days.

Key Features

Automatic Language Detection

Trint automatically detects and transcribes in whatever language is being spoken. Regardless if there are multiple languages, it conveniently transforms the speech into text in the same transcript. It recognizes all major audio and video files in 40+ languages.

Live Transcription

Trint can perform a live transcription on the web or mobile, helping users in journalistic fields to cover a conference or conduct an interview on the go. Everything gets shared to a real-time feed where other users can find quotes, post updates, and build a story as it happens.

Story Builder

The automatic transcription software also features a Story Builder, where users can reorder clips to create a new narrative. They can add headings and text with the built-in editorial tools to fast-track the production.

Granular Access Permission

For collaboration and protection, Trint features granular access permissions so other people can review, comment, and work together in one place, even if they don't have a personal account.

Fast Translations

Trint can quickly translate any transcription into more than 50 languages, helping users tailor their content for a global audience. It also features a Caption Editor, which can turn transcripts into editable captions for videos in whatever language supported by the speech recognition tool.

Users can also add unique terms to the custom dictionary of Trint to improve the transcription accuracy of the speech recognition software. It is one of the best transcription services online, with features designed for journalists, researchers, and content creators.

4 Fireflies

(Photo : Screenshot from Fireflies website)

Overview

Fireflies can automatically record and transcribe meetings across several video-conferencing apps, dialers, and audio. It creates a self-updating knowledge base for the entire team, with custom privacy controls to protect confidential information from select team members.

It is free to use with limited transcription credits and 800 minutes of storage/seat. It also offers pro, business, and enterprise plans with exclusive features to match the scale of small teams to large organizations. It can integrate seamlessly with the most popular tools like HubSpot, Slack, and Zoho, streamlining the workflow of teams to drive productivity and efficiency upwards.

Key Features

Video Conferencing Bot

Fireflies can connect to calendars and join meeting events with a video conferencing URL, supporting known providers like Zoom, Google Meet, Microsoft Teams, and more. It can also capture the audio of calling systems as a Chrome extension.

Search Capabilities

It possesses search capabilities that allow users to search themes, topics, items, dates, metrics, and more in a transcription. It can also help them find discussions around competitors with custom topic trackers.

Collaborative Features

Fireflies also contain collaborative features like threats for ongoing discussions, soundbites to share highlight calls, and embedding for tools like Notion, Medium, and Salesforce.

Security & Access Controls

Fireflies comply with industry-grade security standards like SOC 2 and GDPR, ensuring data protection for its customers. It also contains advanced admin settings for teams to control the accessibility of meeting recaps and online transcripts.

Fireflies boast 90% accuracy for most types of meetings, ensuring highly accurate transcriptions even for foreign languages. Teams can leverage the speech recognition software to gain complete visibility across workflows thanks to its seamless integrations.

5 Transkriptor

(Photo : Transkriptor)

Overview

Transkriptor emerges as a key player in the audio transcription industry with a mission to revolutionize the way people transcribe audio by leveraging the power of advanced AI technology to achieve 99% accuracy for its speech recognition. It provides fast, accurate, and accessible transcription solutions that serve a global audience, from educators to analysts and other professionals from various industries.

Key Features

High Speed and Accuracy

Transkriptor can transcribe within a few minutes. It can generate transcriptions in half the time of the input audio, ensuring quick turnaround time for those in need of timely transcriptions. It can dictate speeches with up to 99% accuracy, although this depends on the file's audio quality.

Multilingual Capabilities

The online transcription software supports over 100 languages. It can translate regional dialects into English, making content more accessible to a global audience. It can reveal the translation when the cursor is hovered over the original text.

Rich Text Editor

Transkriptor can help users correct minor errors in the transcriptions with its rich text editor. They can listen to the audio in slow motion to identify the words or phrases uttered by the speaker, ensuring no detail gets overlooked for the final output.

AI Assistant

Besides online transcription solutions, Transkriptor also features an AI assistant that can answer any questions about conversations, videos, and voice recordings. It responds instantly, saving users the time from listening to online lectures or backreading previous discussions.

Transkriptor can also boost communication and productivity with their business transcription plan. It provides advanced features tailored for enterprises like custom integrations, API access, custom domain, and usage/seat-based pricing. Its bot can automatically join meetings held on Google Meets, Microsoft Teams, and Zoom to take down notes or generate a transcript of any recorded conversation with a customer.

It costs less than the majority of online transcription solutions, with a free transcriptional trial upon signup. Overall, Transkriptor is very easy to use, with high speed and accuracy, to transform human spoken words into written text.

Conclusion

The best speech recognition tools make it easy to convert audio or video into text, ensuring fast delivery of transcripts with high accuracy. These tools offer different advantages, like the multilingual capabilities of Transkriptor or the live transcription of Trint.

These five speech-to-text software can capture meetings, lectures, or interviews effortlessly by leveraging AI technology to generate editable transcripts. Save resources by investing in the best transcription services with speech recognition technology.