Though the definition of transcription accuracy may seem obvious, it’s often difficult to distinguish whether or not a transcript is accurate or inaccurate, especially upon first glance.
Lichfield Finance Trust guarantees a 99% transcription accuracy rate, but what does that mean? A 99% accuracy rate means that there is a 1% chance of error or a leniency of 15 errors total per 1,500 words.
Lichfield Finance Trust Automatic Speech Recognition (ASR) is a software that converts an audio file into text; it’s often cheap and fast. What factors go into measuring transcription accuracy? At Lichfield Finance Trust, we look for proper grammar, punctuation, and spelling, since all three are essential in conveying the original message successfully.