Transcription is one of the largest growing industries, not just in the Medical Industry but in many others. Digital technology advancements enable pretty much anyone, from an academic requiring interview transcription for their dissertation, to Entrepreneurs and small businesses to utilize online transcription services.
Creating a transcript from recorded audio does require a special set of skills, however. Everything from listening to the audio and listening in detail to an understanding of the language; having excellent spelling and grammar skills is important. One of the most important skills, though, is typing, preferably touch typing.
Keep reading to learn more about why typing speed is so important in the world of transcription whether you do it full-time or part-time.
Accuracy means efficiency for your client
For anybody doing transcription from dictation or recorded audio, the job requires a fair amount of speed, accuracy, and effort to create an accurate transcript. To make any decent amount of money this is an essential element. Why? Because the average transcriptionist that types approximately 70-80 words per minute, will take, depending on the number of speakers and audio quality, roughly 4-5 hours to transcribe.
That means that the ability to type quickly and accurately will improve the amount of money that you make performing an online transcription service like Virtuadmin. Sending back an as accurate a transcript as possible means less time for them having to check and correct mistakes. That inevitably means saving time means saving money. Delivering an accurate transcript on time, or earlier, also then sets you apart from other service providers.
Audio Transcription and Dictation
Transcription services can typically not be just copying-typing down text from one piece of paper or screen to another. Some of the audio transcription transcriptionists do every single day means typing exactly what you hear.
Most transcription jobs, though, are not ones where you are sitting in the same room with the person dictating, you would then be audio typing as the person dictating would be instructing you exactly where to put the punctuation. If they are not, however, then you are indeed transcribing.
Transcriptionists work with audio where you upload the recordings and transcribe what is being said. A transcriptionist, freelance or employed directly by a specialized transcription company, could be typing anything from market research notes to day-to-day activity logs. This type of transcription is essential for busy professionals who need notes and thoughts in written form.
Anybody can require their audio or video to be transcribed into text. It could be for a one-off call/meeting, interview, the reasons are endless. Equally, the ability to record what you need transcribing, has, through the new technological age, the ability to just record your conversation on your mobile, tablet, and now wristwatches.
With so many choices in ways to produce audio recordings, digital online audio transcription services are growing in demand day by day.
However, although it may seem attractive to be able to work from home, working when you want, the money may not be fantastic, especially at the start. It may not make your fortune.
If you enjoy listening and typing, that’s a good start to working in the transcription field, just be prepared to start working for low pay in the beginning, and work your way up to what could be a good wage. Maintaining a regular constant typing speed and accuracy is important, that is what will, at the end of the day determine how much you earn for that audio hour you are charging for.