Thursday, 12 January 2012

Transcription Services- Its Types and Demand for Today, Tomorrow and the Future

For converting confidential voice-recorded data of a business or a company in the form of speech, that can be either live or pre-recorded, into a written document file, Transcription Services have become the fastest emerging field in the United States. This form of technological development has proved to be extremely useful in the industries like medical, finance, academic, legal and business.

There are different kinds of transcription software that are used to transcribe the data from files of varied formats like QuickTime, AVI, MP4, MP2, WAV, WMA, in Audio CD’s, DVD’s & podcasts. Few of the leading developers of transcription software are NCH Software, Vocapia, Winscribe and Nuance. With the help of such transcribing utility software, several transcriptionists, voice experts, quality analysts, proofreaders and editors are engaged to deliver the transcribed data to the clients.

The expertise of the workforce of a professional Transcription Services providing company ensure accurate and faster processing of transcription data in the stipulated time. These companies are highly competent in providing the services for transcribing the data with absolute efficiency, accuracy and security.

Now, let us know about different types of transcription and its uses:

Financial Transcription:
The transcription service under this field is utilized by merchant banks, accountants, financial portals, business schools and financial institutions. Financial transcription proves to be of great use in seminars, press conferences, business meetings, annual meetings,surveys, focus groups, financial reports and company reports.

Legal Transcription:
Legal transcription is a high quality work that demands perfect and error-free conversion of data, which mostly contains voice-based court proceedings, depositions, conversations, trials and wire tapes, into text documentation. Even a smallest mistake in a word or phrase can create vulnerability that may affect the direction of any court proceeding.

Medical Transcription:
This form of transcription utility has proved its worth in the fields of medical services. To name a few, medical transcription services are done for several medicinal specializationssuch as nephrology, cardiology, hematology, oncology and for making patient summaries, outpatient notes, dissertation, medical correspondence and expert witnesses. Nowadays, most of the healthcare facilities and medical organizations are actively utilizing the benefits of medical transcription.

Transcription Services has come a long way in the development of global economy and its continuous progress will definitely bring more benefits in future. To know more about transcription related information, please visit www.nyctranscription.com.

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