Wednesday, 8 February 2012

Usefulness of a Transcription Service Provider

Technology is evolving everyday to offer things, which are improved and are faster. One such offering of technology to us has been in the form of transcription services. Various industries have benefited from the use of transcription services in their everyday operations. These services help them to focus on their core functions and outsource their record keeping to a professional transcript services provider. A Transcription Service in simple words is defined as the conversion of speech in the live or recorded format in to a written text format. Transcription may be of different types such as general, corporate, legal, financial, medical, audio tape and digital transcription.

The service providers may have varied rates for their services that may depend on either of the two factors, such as time or the number of words. Most transcription companies deliver high levels of accuracy with the help of proficient transcribers. The transcription work goes through a rigorous multi level proof reading or cross checking with the help of industry experts, proofreaders and editors. Service providers can have varying turnaround times or TAT’s, it can range from 2 to 48 hours on an average and sometimes may range between 12 to 24 hours. In exceptional cases when reports are required on a priority basis, the service provider can charge higher rates.

Transcription service providing companies also ensure absolute privacy if sensitive data is involved. Advanced security technology is used in order to prevent any viable threat to the security of data. Certain types of transcription such as Medical transcription may be governed by federal laws in the United States such as Health Insurance Portability and Accountability Act (HIPAA).

A transcription service is deemed useful as it helps to overcome various overhead charges such as those of equipment and hiring of a work force. On the other hand outsourcing the tedious paperwork helps to increase the productivity of an organization as it saves time required to update as well as maintain records. Outsourcing of transcription services to other parts of the globe ensures that the work is delivered before a working day starts in an organization.

A Transcription Service can help any small or large organization to reduce its costs and increase its productivity. Visit http://www.nyctranscription.com/ for more details.

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