12 Best Audio To Text Transcription Software 2023 (Ranked)

Choosing the right transcription software is crucial if you want to be able to convert audio and video into text seamlessly. Transcribing on your own can be quite a difficult task. But thanks to artificial intelligence, we now have the best transcription software applications to convert any audio or video file to text quickly and easily. In this guide, we ranked and reviewed the 12 best audio to text transcription software along with our top 3 choices so that you can pick the best one for you.

Disclosure: Some of the links in this article may be affiliate links and when you buy through them, we may earn an affiliate commission at no extra cost to you. Our affiliate disclosure can be found in our privacy policy.

In a hurry? Our top choices are Otter.ai and GoTranscript.

Transcription software helps you automatically convert audio and video files into electronic text, allowing you to create transcriptions for a wide variety of online content like podcasts, videos, online courses or even meetings and virtual conferences thereby making your life easier.

Most of these transcription engines rely on artificial intelligence technologies such as machine learning and natural language processing to convert audio into text.

Combined with machine translation software, these tools can really help companies market their products to an international audience in a variety of formats.

The problem is that with so many options, it’s hard to choose the right copy software.

Choosing the right transcription software depends on a number of factors, for example the level of accuracy needed, budget, time, workload, language compatibility and many more.

We’ve reviewed and ranked the best transcription software platforms available this year to help you better understand the main features and uses of each platform so you can find the best one for your needs.

What is the best transcription software?

best audio to text transcription software

Here are some of the best audio and video transcription software programs available to use this year: 

  • Otter.ai
  • GoTranscript
  • Rev
  • Trint
  • Happy Scribe
  • Sonix
  • Transcribe
  • Audext
  • Express Scribe
  • Descript

Best Automated Audio To Text Transcription Software

This software uses artificial intelligence (AI) and machine learning algorithms to transcribe audio or video files into text automatically. These programs can recognize and transcribe speech patterns, accents, and background noises, but they may not always be accurate.

1. Otter

Best Overall Audio To Text Real-Time Transcription Software

otter ai

Otter is an online tool that allows you to record audio in real time and transcribe it on the go.

It is ideal for transcribing notes from meetings, lectures, interviews and other discussions.

It is compatible with iOS and Android operating systems, which means you can use this speech recognition software for transcribing on mobile devices.

This tool gives users many options to edit transcripts and share them. It even has a speaker recognition function. 

With Otter, you have the option to record and transcribe audio in real time, or integrate it with a variety of virtual communication applications such as Microsoft Teams, Google Meet, Cisco Webex, and Zoom to import recordings. It is a very effective tool both in terms of time and cost.

After the audio is transcribed in real time, you can search the document for specific keywords, adjust playback speed, skip pauses and get the gist of long recordings.

Powered by ambient voice intelligence, Otter gets smarter with every recording. This allows you to train the software to recognize speech and learn context-based language.

They also offer a basic plan with free transcription that allows you to transcribe up to 600 minutes per month.

If you choose the premium version of the tool, you can work with pre-recorded audio and video files.

Otter Key Features:

otter ai key features
  • Audio recording and transcription in real time from Microsoft Teams, Google Meet, Cisco Webex, and Zoom
  • Searchable transcript.
  • AI-based adaptability.
  • Accessible on-the-go, iOS, and Android apps.
  • Multiple export formats (mp3, txt, pdf, docx, srt).
  • Various playback speeds.
  • Speaker Recognition.
  • Flexible pricing options.
  • They cater to both corporate and individual customers.
  • Academic dictation function.

One of Otter’s defining characteristics is its ease of collaboration. Apart from AI-based speech recognition, the software can connect to remote work tools like Zoom for collaborative transcription.

Otter Pricing:

otter ai pricing
1. Individuals
  • Basic: Free, up to 600 minutes per month, variable speed recording and playback, collaboration features.
  • Pro: $8.33 per month, more extensive providing its customers with up to 6000 minutes per month, advanced import and export features, custom vocabulary.
2. Organizations
  • Business: $20 per month, allows you to add a greater number of names of team members and other terms, Otter Live notes and captions for Zoom, centralized billing, up to 6000 minutes per user.
  • Enterprise: suitable for larger organizations, contact sales for costs.

2. GoTranscript

Best Transcription Software With Human-Based Services.

GOTRANSCRIPT transcription software

GoTranscript offers a full suite of human services (transcription, translation, captions and subtitles) for more than 60 languages ​​with 99% or more accuracy at a not-so-expensive price tag.

GoTranscript also provides video translation, as well as captions and subtitles for your videos, with some added benefits. Every caption order comes with a free transcript, and every subtitle order comes with a free caption and transcription, so you get what you pay for.

As every order is handled by experienced transcription specialists, GoTranscript can guarantee outstanding accuracy (over 99%) even for low quality videos with lots of accents and jargon. industry specific.

The dashboard is organized and convenient, making the ordering process extremely easy. Unlike most automated transcription services, GoTranscript allows customers to leave notes so you can customize things like speaker labels, timestamp formats, require specific punctuation rules, and more. etc

After you place your order, your files will be broken down into smaller sections(Transcription>Review>Proofreading>Quality check) and assigned to a transcriber.

After each section is completed, the transcript goes through a consolidation process and then a final proofreading step to remove any inconsistencies. This system ensures that all projects are delivered on time without compromising on quality and accuracy.

Finally, the platform works with all popular video formats and supports links from YouTube, Vimeo, Dropbox, and Google Drive. Once your order is complete, you can use GoTranscript’s free tools to edit your video’s recording, captions, and subtitles, export them to different formats, and more.

GoTranscript Key Features:

gotranscript features
  • 100% human service ensures high quality and accuracy.
  • A global team of experts includes transcription, translation, captions and subtitles in more than 60 languages.
  • Fast turnaround times regardless of project size.
  • Offer a free trial ($10) and a loyalty discount.
  • Supports YouTube, Dropbox and most popular audio/video formats.
  • Offers a mobile app for Android and iOS

GoTranscript Pricing:

gotranscript pricing
  • Transcription from $0.77 per minute
  • Translation from $0.06 per word
  • Captions from $1.11 per minute
  • Subtitles from $8.50 per minute

3. Rev

Best For Subtitle Generation

rev

Rev offers a number of audio-to-text services to suit your needs, including AI-generated human and automatic transcription.

They help you turn your recordings into written text that you can edit, save, and export to a variety of formats. This system works in tandem with built-in AI tools to provide error detection with greater accuracy.

Adding captions and subtitles to your videos improves the viewer’s experience. They not only convert audio to text, but also add noticeable non-verbal elements. Additionally, using foreign subtitles for your videos will increase your reach to a global audience.

Live Captions for Zoom allows the deaf and hard of hearing community to participate and is a great way to act as a socially responsible organization.

The Rev app on iOS and Android also comes with voice recording so you have one app for all your transcription needs.

Their standard submission time is 12 hours for most files, which is under 30 minutes. They also offer express delivery in about four hours (again, for files < 30 minutes).

Alternatively, you can also request an automatic recording if you’re in a hurry and want the file within five minutes. It works using the concept of speech recognition and without human intervention.

They can even handle audio with background noise, multiple speakers, and multiple voices. Note, however, that they only work with English audio.

Rev Key Features:

rev features
  • Transparent pricing structure.
  • Manual and automatic transcription services.
  • Foreign subtitles for more than 88 languages.
  • Integration with Google Drive and Dropbox.
  • Add real-time captions to Zoom meetings and webinars. 
  • Free iPhone call recorder.
  • English captions and subtitles.
  • Instant and simple pricing.
  • Both audio and text are highly secure.
  • Fast delivery – manual transcription within 12 hours for audio under 30 minutes, automatic transcription within 5 minutes. 
  • 24/7 customer support provided by professional transcriptionists and experts.
  • All subtitles are FCC and ADA compliant.

Rev Pricing:

rev pricing
  • Manual Transcription – $1.25 per minute
  • Automatic Transcription – 25 cents per minute
  • English Captions and Subtitles – $1.25 per minute
  • Foreign Subtitles – $3-7 per minute
  • Automatic Live Captions for Zoom – $20 per host

4. Trint

Best Audio To Text Transcription Software For Mac Users

trint

Trint is suitable for Mac users or even Windows users who don’t want to worry about installing transcription software. It allows you to transcribe video as well as audio files from the comfort of your web browser.

Trint is an AI-based audio to text transcription software that uses sophisticated technologies to understand human audio and then convert it to text in up to 34 languages.

It’s an all-in-one audio transcription and editing platform that lets you collaborate with team members using a variety of tools. 

The service has fast turnaround times, strong security conditions, and low error rates. Trint can efficiently transcribe audio and video files, interviews, archives, and phone calls. Although most of the AI-based transcription software is not completely accurate, Trint has a very high accuracy rate of 99%.

Trint Key Features:

trint real time transcription features
  • Compatible with Windows, MacOS and iOS.
  • Supports up to 34 languages.
  • Exclusive iPhone app for on-the-go access
  • Real-time transcription in 31 languages ​​in less than 3 seconds.
  • Collaborate seamlessly with teams across all plans.
  • High accuracy up to 99%. 
  • Built-in text editor.
  • No need to download software.
  • Supports most audio and video formats (.mp3, .mp4, .m4a, .aac, .wma, .avi, .wav, .mov).
  • Transcriptions can be published in many formats (.docx, .srt, .vtt, .txt, .stl, .edl, .html, .xml, .csv).
  • Personal dictionary – add jargon, personal names, brand names and non-standard spellings. Feedback for effective cooperation.
  • Highlight and mark text for emphasis.

Trint Pricing:

trint pricing
1. Starter Plan at $48 per month
  • Transcribe up to 84 files per year
  • Trint editor access.
  • Single user access
2. Advanced Plan at $60 per month
  • Unlimited day-to-day transcriptions.
  • Plus everything in the starter plan.
3. Enterprise Plan comes at Custom Rates
  • Everything in Pro Team Plan.
  • Dedicated security and reporting functions.
  • Supports more than 11 users.

Trint’s pricing is split into three tiers, and the features you get depend on which plan you choose. Paying is monthly, though we recommend choosing an annual billing cycle and saving up to 20%.


5. Sonix

Best Multi-Language Audio To Text Transcription

sonix

Sonix is ​​a highly accurate automated audio to text transcription software suitable for podcasters and anyone who wants to efficiently transcribe audio. 

The service is used by more than one million users worldwide and gives accurate transcriptions in more than 40 languages.

Trusted by companies like WarnerBros, Adobe and Uber, Sonix is ​​the ultimate solution for your transcription needs.

When you use Sonix, you don’t have to worry about punctuation and speaker separation because it takes care of everything automatically. 

You can even perform qualitative analysis of the recordings, which very few transcription tools offer. 

Furthermore, it has a user-friendly interface that makes it convenient even for those who do not claim to be tech-savvy to transcribe audio or video file recordings.

This tool works completely online. Simply upload your audio/video file to the service and a transcript will be returned within 5 minutes. With the in-browser editor, you can edit your transcript just like you would any Word document.

how sonix works

Sonix Key Features:

sonix features
  • Ultra-fast transcription, whether audio or video, ready in 5 minutes.
  • Affordable plans.
  • Supports multiple languages.
  • Automated and customizable subtitles for greater accessibility.
  • Browser-based transcription editor.
  • Word level timestamp for easier referencing.
  • Allows you to comment and take notes in your transcript.
  • Supports multiple document formats (DOC/TXT/PDF).
  • Download subtitles in commonly used formats (SRT and VTT).
  • Allows uploading of multiple tracks.
  • Custom dictionary. 
  • Automatic translation.

Sonix Pricing:

sonix pricing
  • Standard Plan (pay-as-you-go) at $10 per hour.
  • Premium plan at $5 per hour + $22/user/month.
  • Enterprise plan with custom pricing for bulk transcription.

Sonix’s pricing plan is simple and straightforward and it offers three levels:

Standard, Premium and Enterprise. Each plan comes with advanced functionalities and is suitable for different types of users. Sonix also offers a free trial with 30 minutes of transcription.


6. Transcribe

Best Secure Audio To Text Transcription Software

transcribe

Transcribe is a privacy-focused transcription tool suitable for automatically converting audio files to text. Whether you’re listening to podcasts, music, or even a formal meeting, it can save you time and money as well as increase your productivity levels.

The service prioritizes customer security and privacy through strict policies. This enables its customers to transcribe audio and video file recordings with highly secure data in more than 60 languages.

It provides flexibility in transcription by allowing clients to choose among three methods. The first is the Magical Automatic Transcription which transcribes in less than an hour.

Two other methods are voice type with dictation and self-transcription with human intervention.

If the file you’re importing has minimal background noise, it shouldn’t take long to transcribe everything. However, if the audio is not clear, you can use a feature that allows you to play the sound and dictate with your voice so that the engine converts that audio to text clearly as you progress.

If you don’t get good results, you can always resort to manual transcription mode and still get the job done without too much effort. Manual mode includes a workflow that allows you to slow down the audio and loop it automatically. It also integrates with the foot pedal, which saves a lot of time.

Transcribe Key Features:

transcribe features
  • Automatic text expansion of acronyms.
  • Supports over 60 languages.
  • Easy speech-to-text conversion.
  • Transcript files can be exported in Doc and TXT format.
  • Manual transcription features such as foot pedal integration. Automatic audio pause and resume.
  • Automatic subtitling.
  • Easy-to-use browser-based interface.
  • Works without the internet.
  • Completely secure and private.

Transcribe Pricing:

transcribe pricing
  • Self Transcription at $20 per year: Media player with integrated editor, dictation is unlimited, automatic text expansion, manual transcription assistance, including foot pedal integration and playback loops.
  • Automatic Transcription at $20 per year + $6 per hour of audio: Comes with all features in the self-transcription plan plus machine learning-based auto-transcription, video subtitle creation features, speaker identification with automated timecodes

7. Audext

Best Advanced Audio To Text Transcription Software

audext

Audext is a great web software that can automatically transcribe audio, super fast and cheaply.

Whether you’re looking for a one-time transcription service or multiple transcription services, Audext has efficient pricing plans that will fit your needs.

It offers a wide range of options to potential clients through its professional automatic voice transcription services. One is 99% accurate and the other is 80%.

Additionally, there is a built-in text editor that allows you to complete your transcription with timestamps every second.

Audext Key Features:

audext features
  • Fast Transcription Service – Transcribe an hour-long audio file in less than 10 minutes.
  • Timestamp for future reference.
  • Speaker identification.
  • Two transcription methods available: Automated transcription and professional transaction.
  • Built-in text editor that can find and replace words. 
  • Compatible with various audio file formats such as MP3, M4A, WAV.
  • Fast transcription service:
  • It takes an average of 7 minutes to convert a 1 hour audio file to text.
  • User-friendly control panel.
  • Various payment methods.

Audext Pricing:

audext pricing

1. Professional: To have audio transcribed by a professional transcriber with 99% accuracy, Audext charges $1.2 per minute plus $0.5 for additional parameters such as verbatim and noisy audio. Timestamp, speaker and accent recognition features are provided free of charge.

2. Automatic

  • Classic one-time purchase of $12 per hour
  • Subscription-based $30/ month – 2 hours worth of transcription, $5 for every extra hour. As the number of hours increases, the fee per hour decreases simultaneously.
  • Enterprise for businesses with custom pricing option
  • Discounts are provided for 10 and 20 hours long audios.

Best Manual Audio To Text Transcription Software

This software allows users to transcribe audio or video files manually, using a foot pedal or keyboard shortcuts to control the playback and pause functions. This method can be more accurate than automated software, but it requires more time and effort.

8. Express Scribe

Best Free Transcription Software

express scribe

Express Scribe allows users to convert audio to text easily with various handy features. It can transcribe audio files from analog as well as digital recorders.

If you need super fast audio transcription, we recommend Express Scribe. It is a completely free tool that is compatible with audio players and can be integrated with phones and computers via USB.

In addition to fast transcription, it also provides a searchable text editor that you can use to edit the transcribed text. The software works seamlessly with Microsoft Word and also supports USB foot pedals.

It also offers plugins like FastFox Text Expander and Express Invoice to speed up the process.

Once the transcription is complete, the software can automatically send it to your customers if you configure it that way to save you even more time.

Express Scribe Key Features:

  • Available in Free and Pro versions.
  • Can easily integrate with other word processing software like Microsoft Word, Corel Wordperfect, Lotus Word Pro, etc.
  • Variable speed playback.
  • Encrypted dictation files are supported.
  • Multiple formats compatible in free and pro versions. 
  • Hotkeys allow for a mouseless experience and faster turnaround.
  • Set up automation to allow easy delivery of records to your customers.
  • Files can be uploaded via the Internet (FTP), e-mail, and a local computer network.
  • Compatible with analog and digital recorders.
  • Low system requirements. 
  • Support USB transcription pedal.

Express Scribe Pricing:

  • Express Scribe has a Free Version and a paid version that costs $60.

9. Descript

Best Flexible Audio To Text Transcription

descript

Descript offers superior accuracy and flexible collaboration options to get the perfect transcription every time.

Includes a full-featured podcast editor, screen recorder, video editor, and transcription (automated by professional transcriptionists and performed by humans).

Using Descript is straightforward: Simply drag and drop your media files into the editor and the software will convert your audio to text. The text transcript is displayed in a simple document editor that you can modify as needed.

You can fix mistakes with overdubs, remove fillers, add subtitles to your videos, and more. With Descript you can do all of this. It also has remote recording capabilities and offers collaboration tools specifically for team players.

For added convenience, projects can be synced in the cloud so collaborators can access them anytime, anywhere. An option to stitch together already transcribed audio is also available.

Descript Key Features:

descript features
  • Automated transcription with near-instantaneous turnaround time.
  • A white glove service with professional human transcriptionists.
  • Weblink-based functionality for sharing, editing, and commenting on projects.
  • Save files to various cloud storage platforms (Google, Dropbox, OneDrive, Box) via Zapier.
  • First class data security. 
  • Supports multiple file formats (SRT/VTT/DOC/RTF).
  • Live, automatic multi-track transcription.
  • Create audiograms from podcast highlights.

Descript Pricing:

descript pricing
1. Free – up to 3 hours of transcription
  • Record and edit one project
  • 20 screen recordings at a maximum resolution of 720p
2. Creator $12 / editor / month  – up to 10 hours of transcription per month
  • Unlimited number of projects and screen recordings
  • Timeline exporting ability
3. Pro $24  / editor / month  – up to 30 hours of transcription per month
  • Overdub, filler word elimination, and Audiograms
  • Batch file exporting ability
4. Enterprise – custom pricing
  • SSO features
  • Dedicated accounts rep
  • Custom onboarding and training

10. Inqscribe

Best For Manual Self Transcription

inqscribe

Inqscribe is digital media audio to text transcription software that simplifies manual self-transcription of audio and video.

As one of the newcomers to the transcription software market, Inqscribe is extremely easy to use. The unique selling point of this software is its clear interface that makes using the tool easy even for beginners.

Despite Inqscribe’s user-friendly interface, it comes with video tutorials, screenshots, and a knowledge base, making it very easy for even beginners to meet their video and audio transcription needs.

The software is cross-platform though the Mac version is still in beta testing. It works with most popular audio and video formats. You can use it to add custom timecodes, enter quick notes, export subtitles, and more.

Inqscribe Key Features:

  • Compatible with QuickTime and Windows Media Player.
  • You can play audio/video from tertiary storage.
  • Pitch lock function to prevent distortion of vocals.
  • Mouseless, keyboard-based control.
  • Compatible with USB foot pedals. 
  • Easily share transcripts.
  • Works with multiple export formats (plain text, XML, HTML, Final Cut Pro XML, etc.).
  • Fully Unicode compliant.
  • Support multiple languages.

Inqscribe Pricing:

Inqscribe is free to download and use the software without purchasing a license. However, the number of functions available here is limited. Choose the $99 single license for the full Inqscribe experience.

Buy in bulk (5 licenses or more) and get attractive discounts. Special rates are also available for academic institutions, nonprofits, and students.


11. oTranscribe

Best Web App Audio To Text Transcription Software

otranscribe

oTranscribe is a completely free and open source online tool, perfect if you’re not ready to invest in paid software yet. It doesn’t come with a price tag, but it gets the job done quickly and has some impressive features.

oTranscibe’s transcription tool gives you full control over your application, allowing you to perform functions such as pause, rewind, and fast-forward using only your keyboard. It features an interactive timestamp that makes navigating the transcript easy.

oTranscribe saves all changes automatically, so you won’t lose your transcript even if your internet connection is lost. Also, please note that your data will be kept completely private and secure.

The great thing about oTranscribe Transcription Tool is that it is a web-based app and can be used offline.

However, features such as YouTube support and export to Google Drive will not work as a dedicated internet connection is required. There are some keyboard shortcuts on the site to make transcription easier for beginners without a mouse.

Also, users can add and use their own shortcuts for an even more efficient transcription experience. Audio and video format compatibility is entirely dependent on the browser you use to access oTranscribe.

oTranscribe Key Features:

  • One window – both video and text editor.
  • Mouseless navigation.
  • Interactive timestamp.
  • Automatically backup the current transcript at set intervals.
  • Your data is only stored locally on your computer, so it’s safe. Export to Markdown, Plain Text, Google Docs.
  • Only the .OTR oTranscribe file format can be imported.
  • Transcripts can only be exported in plain text (.txt) and markdown (.md).
  • Customer support is available via Twitter and email.

oTranscribe Pricing:

  • Free

12. HappyScribe

Best Interactive Editors

happyscribe

Perfect for transcription and subtitling, Happy Scribe supports over 60 different languages ​​for converting audio to text.

Bring your team members, such as proofreaders and editors, to the platform and experience a seamless collaborative workflow.

It features both automatic and professional human transcription and subtitling services.

Once you receive the transcript, you can use our easy-to-use interactive text editor to correct and replace words as needed.

Like other leading transcription services, Happyscribe’s technology also has speaker identification and time-stamping capabilities. It has a wide range of subtitle format options that you can use to customize it to your brand.

HappyScribe Key Features:

happyscribe features
  • No file size limit when uploading.
  • Supports various import and export formats.
  • Supports up to 62 languages ​​including Japanese, Italian, and Mandarin.
  • An interactive text editor.
  • Share with one click. Integrations with Zapier, YouTube, and more.
  • All data will be treated securely and confidentially.
  • Easy collaboration.
  • Speaker identification.
  • Time stamp.

Happy Scribe Pricing:

pricing for happyscribe
  • Automatic $0.20 per minute
  • Human-made $1.95 per minute

Best Audio To Text Transcription Software For Speech Recognition

This software is designed to recognize and transcribe spoken words in real-time, using voice-to-text technology. It is commonly used in voice assistants, mobile apps, and other digital devices.

13. Amazon Transcribe

Best Audio To Text Software For Batch Transcription

amazon transcribe

Amazon Transcribe is a fully managed service offered by Amazon Web Services (AWS) that uses advanced machine learning technologies to automatically transcribe speech to text. 

The service is easy to use, offers customization options to optimize transcription accuracy, and is HIPAA-eligible for medical use cases. 

Amazon Transcribe can extract key insights from customer calls, video files, and clinical conversations, among other use cases, and can also be used to create subtitles and meeting notes. 

With Transcribe Call Analytics, content producers and media distributors can use the service to automatically convert audio and video assets into fully searchable archives for content discovery and monetization. 

AWS customers such as Intuit, DeNA, NASCAR, and Cerner have used Amazon Transcribe to improve customer engagement, protect user privacy, and develop digital scribes.

Amazon Transcribe Key Features:

amazon transcribe features
  • Speech-to-Text Transcription: Amazon Transcribe uses advanced machine learning technologies to convert speech to text accurately and in real-time. It can transcribe audio files in various formats, including MP3, WAV, FLAC, and MP4.
  • Custom Vocabulary Support: Amazon Transcribe allows users to create custom vocabularies to enhance the accuracy of transcriptions in domain-specific use cases.
  • Automatic Punctuation: Amazon Transcribe automatically adds punctuation marks and capitalization to transcriptions, making them easier to read and analyze.
  • Speaker Identification: Amazon Transcribe can identify and separate multiple speakers in a conversation, assigning different labels to each speaker.
  • Content Redaction: Amazon Transcribe can mask or redact sensitive information, such as personal data or credit card numbers, to ensure data privacy and security.
  • Language Support: Amazon Transcribe supports multiple languages, including English, Spanish, French, German, Portuguese, Italian, Japanese, Korean, and more.
  • Real-Time Streaming Transcription: Amazon Transcribe can transcribe audio streams in real-time, making it suitable for use cases such as live captioning, call centers, and voice assistants.
  • Batch Processing: Amazon Transcribe can transcribe large batches of audio files at once, providing a quick and efficient way to process large volumes of audio data.
  • API Integration: Amazon Transcribe provides a simple API for integrating transcription capabilities into third-party applications, making it easy to use with existing workflows and systems.

Amazon Transcribe Pricing:

amazon transcribe prices

The base price for speech-to-text transcription is $0.0004 per second of audio, which is equivalent to $0.24 per minute of audio. 

However, there are different pricing tiers based on the number of minutes transcribed per month, with lower rates for higher volumes.


Best Audio To Text Transcription Software For Captioning

This software is used to create captions or subtitles for video content. It can recognize and transcribe spoken words, and convert them into text captions that are synchronized with the video playback.

14. SubtitleBee

Best All in One Auto Captioning Software

subtitlebee

SubtitleBee is a web-based tool that offers an automated way to add subtitles and closed captions to videos using Artificial Intelligence. 

The platform supports over 120 languages and allows users to upload videos in various formats. With SubtitleBee, users can customize the subtitle styles, add super-titles, and easily crop their videos for different social media platforms. 

The platform also offers a customizable progress bar that increases viewer engagement and retention. 

Additionally, SubtitleBee provides advanced features such as audio transcription, subtitle translation, and a privacy-focused environment. 

SubtitleBee is ideal for influencers and social media users who want to improve engagement and accessibility to their content.

SubtitleBee Key Features:

subtitlebee features
  • Automatic captioning and subtitling: SubtitleBee uses Artificial Intelligence to automatically add captions and subtitles to your videos.
  • Customizable subtitle styles: SubtitleBee offers a variety of subtitle styles that can be customized to match your video’s aesthetic.
  • Social media sharing: SubtitleBee offers an easy and friendly export feature that allows you to directly share your videos on social media platforms.
  • Multi-language support: SubtitleBee can recognize and caption more than 120 languages around the world. It also offers AI-based subtitle translation to translate subtitles to different languages.
  • Supertitles: SubtitleBee allows you to add Supertitles to catch the attention of your audience and increase viewer engagement.
  • Advanced video cropping: SubtitleBee offers an easy video cropping interface that allows you to easily crop your videos for different social media platforms.

SubtitleBee Pricing:

subtitlebee pricing

SubtitleBee offers a free trial that allows users to transcribe one video per month, with a maximum duration of 10 minutes and a file size of 1GB. For users who require more videos to be transcribed, the following subscription plans are available:

  • Starter: Priced at $19 per month, this plan enables users to transcribe up to 12 videos per month.
  • Premium: Priced at $49 per month, this plan allows users to transcribe up to 35 videos per month.
  • Business: Priced at $129 per month, this plan provides users with the ability to transcribe up to 60 videos per month.

What is Transcription Software?

Transcription software refers to tools that allow users to convert audio tracks and video into digital text. There are numerous automatic transcription tools on the market with varying levels of accuracy.

The best transcription software can turn anything from video lectures to podcasts to presentations into readable text.

Simply upload your files to the cloud for seamless real-time transcription. Once done, you can edit the transcribed version as there is always the possibility of small errors. 

Some transcription services involve human typists in the process to improve the accuracy of the transcribed text. However, choosing the best transcription service is not just about accuracy.

How Do You Select the Best Transcription Software?

Here are some of the features to consider while choosing the best speech to text software for you: 

1. Accuracy.

This is the first and most important aspect to consider when choosing transcription software. Typically, most AI-based automatic transcription tools can achieve accuracy levels of up to 90%, while human transcriptionists achieve near 99% accuracy.

When choosing a transcription software, we recommend using the free trial version to test the tool’s accuracy. Are the generated transcripts grammatically correct? Are there punctuation errors? These are some of the aspects that need to be considered.


2. Features. 

Next to accuracy, available features play a decisive role. Features like subtitles, in-browser editing, and custom timestamp insertion are among the most important.

If your business is looking for a transcription tool to help you create subtitled marketing videos, make sure the tool you choose has collaboration features. Features like these help streamline your workflow and increase efficiency.


3. Processing time.

Turnaround time refers to the time it takes the transcription service to return a completed transcription. The automatic transcription software is fast, with turnaround times in minutes. However, sometimes precision must be sacrificed.

If you need near 100% accuracy, use a human-in-the-loop (HITL) transcription service. Delivery times often take a week or more, so trade-offs between accuracy and delivery times must be considered.


4. Pricing Plans.

Budget is always a consideration when choosing a service, and transcription software is no exception. As you’ve already seen, most services have a tiered pricing structure, differentiated based on the features you need. Large businesses can opt for custom plans, while smaller gamers and individual content creators can opt for pay-as-you-go. Most transcription programs come with free or trial versions that you can use to test your waters.


5. Clean up background noise.

Not all audio or video files that need to be transcribed have clear audio. There may be background noise, hiss, or other interference such as fillers or accents. A transcription software should be able to clean up all of this and give you a clear transcription.

Some software offers multilingual support and works with all available file formats. Your exact choice should be determined by your needs and the type of audio you are using.

It’s important to make sure the recording participants are using high-tech microphones and speaking individually. Second, smartphone call recordings are often garbled, making them difficult to transcribe. Invest in a digital voice recorder and you’re all set!


6. User friendly.

One of the non-compromising factors when choosing a transcription service is ease of use. A simple and intuitive interface lets you focus on your content without worrying about navigating the software.


7. Privacy Policy. 

If you use an online transcription service to transcribe sensitive audio such as meetings or discussions, be sure to read the service’s privacy policy. For sensitive data, you can also request a non-disclosure agreement.


8. Readability.

This factor is highly dependent on the speech recognition software mechanism. A reasonably accurate speech recognition software should be able to analyze pauses between texts, different parts of speech, tenses, and different voices and dialects.


9. Limited transcription.

Few transcription tools allow unlimited transcriptions, especially if you’re on a custom plan. On the other hand, file length and his number of views per month may be limited.


10. Add a timestamp.

Timestamps are often the most useful tool for vloggers and video editors, but they can also be used in audio recordings. These are tags in your copied file that let the user know exactly when the audio was spoken. Simply put, timestamps are synchronized with the correct timecode, making it easy to make last minute changes to the file.


11. Editing transcripts.

Many transcription programs have built-in editors so you can highlight or edit any area of ​​the transcribed version. Before exporting the final version, use the playback and rewind controls to check your work. You can also rearrange the text, make it more concise, and more. If your organization regularly uses transcription services, it can be helpful to have a powerful editor built in.


12. Mobile App Availability.

Some transcription software applications offer mobile app options for Android and iPhone. GoTranscript, Otter, and Rev are the best apps that allow users to use the app as a digital voice recorder and order transcriptions of their recordings. However, the mobile app is only suitable for transcribing audio from small files such as voice memos or short interviews, and is not recommended for large files.


13. Verbatim transcription.

Software that can include all the little details like pauses, stutters (‘ahs’ and ‘ums’) in dialogue is a valuable asset, especially in high-pressure work environments where accuracy is paramount. Verbatim transcription doesn’t remove words, it just converts the exact speech to text.


14. API integration.

Application programming interfaces (APIs) are another general purpose feature that seamlessly integrates with other software applications. For example, if your organization is spread across different countries, you can easily set up servers to support all work teams, increasing scalability and reducing costs.


Benefits of Using Transcription Software.

Appeal to a wider audience.

Converting audio to text allows you to target a large number of different audiences, making your marketing strategy more efficient. Some people prefer reading to listening to audio or watching videos. increase. This is especially true in situations where a lot of subjective information needs to be conveyed (such as research papers).


Facilitate people with disabilities.

If your audience is deaf or blind, transcribed resources can be very helpful in keeping you up to date on current events, listening to your favorite novels, podcasts, and more.


Easy distribution.

Apparently, the text delivery channel is better than voice. This means that if you plan to distribute your content via online blogs, e-books, or emails, transcription software is a must.


Limitations to using audio to text transcription software.

Accent barriers.

If some recordings include people who speak too fast or have a particular accent, the transcription software may have trouble producing accurate sentences. The result is unclear and distorted information. Such recordings must be transcribed manually.


Lack of proper grammar and vocabulary.

All machines require human intervention to some degree or extent. After the software has done its job, we recommend going through the text and correcting grammatical errors such as capitalization, commas, and proper noun usage. Software often cannot capture technical terms or company names, so they must be entered manually.


How to Convert MP4 to Text

How to convert MP4 files to TextMP4 is one of the most widely used video file formats in the world. They were first released in 2001, but the 2003 version is more commonly used.

Thanks to compression, MP4 files are smaller than other video formats. Although the file size is reduced, the video quality is not affected and the original video quality is retained. 

This is why MP4 is considered a web-compatible video format. In this guide, we will discuss the step-by-step process of converting MP4 files to text.

Convert MP4 to Text in 4 Easy Steps with Otter.ai

Otter.ai one of the best transcription software allows users to import MP4 files and convert them to text with their Pro, Business and Enterprise plans. Text files can be downloaded in different formats after transcription is complete.

Step 1: Click on “Import”.

On the Otter.ai main screen, click the import button in the upper right corner and select the MP4 file you want to convert.

import

Step 2: Wait until the MP4 to Text Conversion is completed

Depending on the size of the file, Otter.ai may take several minutes to transcribe the file. A screen will show the progress and when complete, click Go to Transcript.

step2

When you convert your files using the Otter.ai mobile app, the app will notify you when your transcript is ready. In general, Otter.ai takes about 1 minute to convert a 4 minute MP4 file to text.

Step 3: You Can Now Edit the Transcript and Collaborate with Your Team

Edit the transcript

Otter-ai allows users to review the transcript and edit each part using the Edit button in the upper right corner of the screen. A list of shortcuts will appear to help you edit more efficiently. After editing, click the Done button in the upper right corner to save the transcript.

step 3- edit

You can also search the files for specific keywords using the search bar in the upper right corner of the screen.

step 3

Collaborate with your team

In addition to editing, Otter.ai also allows users to collaborate with their team. To add one or more team members, click the button with the plus sign icon in the upper right corner.

collaborate

To start collaborating, add team member names, email addresses, groups, or share transcripts via links.

share

To facilitate collaboration, Otter.ai also offers the following features:

  • Date and time of transcription.
  • Video file length.
  • Summary of keywords.
  • The number of speakers and their contribution to the conversation.

Step 4: Export Your Transcript

To export your transcript using Otter.ai, click the three dots button in the top right corner of the screen and select Export from the menu.

step 4 export

Otter.ai allows users to choose the text file format and the amount of information they want to export with the text file, such as speaker names and timestamps.

export

Why Do You Need to Transcribe MP4 Files?

Video is considered one of the best mediums for reaching a wider audience. People would rather watch videos than read text. But even if you’re watching a video, don’t underestimate the importance of text.

There are three main advantages of converting MP4 to text using transcription software:

  • Text next to your video can help you rank higher in search results.
  • You can improve your online presence with both text and visual content.
  • Text helps you reach a wider audience.

According to WHO, by 2050, 1 in 4 people are expected to have hearing loss. (2) By keeping up with this forecast and trend, MP4 video transcription will become a wider audience and market for businesses. A wider audience means people with hearing impairments.

To use MP4 text transcription:

  • Export a text file as her SRT and use subtitles in your video.
  • Add the transcript as a text description. 
  • Use videos as articles.

Frequently Asked Questions

Can you transcribe an MP4 file?

Yes, you can convert MP4 files to text in minutes thanks to transcription software with MP4 to Text tools. You can then edit the transcript and export the file as TXT or SRT.

How do I convert MP4 to text for free?

Transcription software like Otter.ai allows users to convert MP4 files to text for free during the trial period of its three paid pricing plans. They also offer a basic plan that allows you to record and transcribe the audio yourself. However, the import option is currently only available on paid plans.

How do you transcribe a video call?

You can transcribe video calls by recording them and importing audio/video recordings into the transcription software. Processing the audio/video material may take several minutes depending on its length.

Conclusion.

Advances in AI and machine learning have boosted the transcription software industry. Experts expect the sector to grow at 6.1% CAGR from 2020 to 2027.

Regardless of whether you use transcription software or a service for transcription, the above solutions cover the best of both worlds. No matter which solution you choose, automating this task will take a lot of the burden off your shoulders. You can get the job done in minimal time and even spend a few extra hours on your watch. All in all, it’s a win-win situation.

Try our top picks like GoTranscript and Otter.ai to find the best transcription program for your specific needs.

Last updated on May 6th, 2023 at 04:28 am

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