Transcribing audio or video files manually is a tedious and time consuming process. Fortunately, technology has evolved to automate transcription using speech recognition and AI. Transcription software can convert your audio and video files into text quickly and accurately.

Here are some of the benefits of using transcription software:
Saves Time
Software can transcribe audio up to 10x faster than playing back and manually typing. This frees up hours of your time.
Improves Accuracy
Human transcriptionists average 5-10% error rates. Automated software now reaches over 90% accuracy for clear audio by using machine learning.
Enhances Accessibility
Automated transcripts make content accessible for those with hearing impairments. AI can also generate subtitles.
Aids Discovery
Text transcripts allow search engines to index audio and video content, increasing discoverability.
Reduces Costs
Software can transcribe for a fraction of professional transcription service rates. Monthly subscriptions provide even more savings.
Facilitates Sharing
Text transcripts can easily be shared, reprinted, and repurposed. Automated YouTube captioning allows uploads without manual work.
Helps Collaboration
Transcripts make it easy for teams to search, share, and edit audio/video content together.
Based on these benefits, here is a handpicked list of the 15 best transcription tools and services available today:
1. Temi
Temi is a leading automated transcription service used by companies like Amazon and NASA. It uses advanced speech recognition technology to generate transcripts with over 90% accuracy.
Key Features:
- Automatic speech recognition (ASR) engine
- Speaker separation with unnamed speakers
- Punctuation insertion
- Ability to edit transcripts
- Integrations with Zoom, YouTube, Dropbox
Pricing:
- Pay per audio hour: $0.25 / minute
- Pro plan: $20 / month for 600 minutes
Best For: Quick, automated transcripts for meetings, interviews, podcasts, and videos.
2. Trint
Trint is an award-winning automated transcription service used by major media companies like Reuters and PBS. It leverages AI technology to provide fast turnaround and features like multispeaker identification.
Key Features:
- Automated speech recognition
- Speaker identification
- Integrated audio editor
- Multimedia sync and search
- Real-time sharing and commenting
Pricing:
- Free plan: 60 minutes / month
- Pro plan: $15 / month for 300 minutes
- Teams: $30 / user / month
Best For: Automated transcripts of meetings, interviews, lectures, and audio/video files.Ideal for teams.
3. Otter.ai
Otter.ai is popular software for transcribing meetings, interviews, lectures, and podcasts. It excels at leveraging AI for speed, accuracy and features.
Key Features:
- Real-time automated transcriptions
- Identifies different speakers
- Creates shareable transcripts
- Syncs audio with transcript
- Mobile app available
Pricing:
- Basic: Free for 600 minutes/month
- Pro: $8.33/month for 6,000 minutes
- Business: $20/month for unlimited minutes
Best For: Fast, automated meeting, lecture and podcast transcriptions. Great mobile experience.
4. Sonix
Sonix is an enterprise-grade automated transcription service that leverages artificial intelligence to convert audio to text quickly and accurately.
Key Features:
- Automated speech recognition with advanced algorithm
- Editor timeline for audio and text syncing
- Collaboration tools for sharing and editing
- Identification of multiple speakers
- Integration with cloud storage like Dropbox
Pricing:
- Premium: $12/hour
- Professional: $20/hour
- Enterprise: Custom Quote
Best For: Precise automated transcriptions of podcasts, interviews, legal proceedings, lectures, and videos.
5. Happy Scribe
Happy Scribe is a fast and affordable automated transcription service supporting 60 languages. It‘s designed for individuals and teams collaborating on content.
Key Features:
- Automated speech recognition
- Automatic subtitling
- Custom vocabularies
- Collaborative editor
- Third-party integrations
Pricing:
- Basic: $0.01 / minute
- Pro: $10 / month for 360 minutes
- Business: $40 / month for 2,400 minutes
Best For: Individuals and teams needing accurate, multilingual transcripts. Great value.
6. Descript
Descript is a speech-to-text editor that makes it easy to edit audio and video using text transcripts generated by its automated technology.
Key Features:
- Automated transcription
- Audio/text editor
- Edit audio by editing text
- Collaborative transcripts
- Video tools like subtitling
Pricing:
- Personal: $10/month or $7/month annually
- Business: $20/month billed annually
Best For: Automated transcription tightly coupled with an editor for easy audio and video editing.
7. Rev
Rev is a popular transcription service that utilizes a network of freelancers to deliver highly accurate human-generated transcripts.
Key Features:
- Transcripts generated by human freelancers
- Fast turnaround time
- Secure platform
- Editing and proofreading services
- Integration with Zoom and YouTube
Pricing:
- $1.25/minute for Standard service
- $0.58/minute for Slow service tier
Best For: Precise human transcriptions for interviews, speeches, qualitative research, and dissertations.
8. GoTranscript
GoTranscript relies on experienced transcriptionists to deliver highly accurate human-generated transcripts in over 60 languages.
Key Features:
- Human transcribers fluent in many languages
- Express delivery available
- Editing, proofreading and formatting
- Data security features
Pricing:
- Starts at $0.79/minute
- 10% discount for new users
Best For: Interviews, speeches, lectures, and audio files needing reliable human transcription.
9. Transcribe by Wreally
Transcribe is an automated web app that leverages speech recognition algorithms to transcribe audio and video files. The editor helps polish and export the transcripts.
Key Features:
- Automated speech recognition
- Customizable web editor
- Share transcripts via email, Dropbox, etc.
- Keyboard shortcuts for editing
- Simple pricing structure
Pricing:
- Free version with limited features
- Premium: $4.99/month billed annually
Best For: Cost-effective automated transcripts for individuals and small teams. Tight editor integration.
10. oTranscribe
oTranscribe is a free automated web app for transcribing audio and video files. It has a handy editor tailored for transcription that even works offline.
Key Features:
- Automated speech recognition
- Foot pedal support
- Editor with shortcuts
- Export transcript formats
- Time-stamped transcripts
- Completely free
Pricing: Free
Best For: Free automated transcriptions for individuals on a budget.
11. Transcriptive
Transcriptive is an easy-to-use automated transcription web app supporting bulk uploads and seamless editing. It‘s built specifically for podcasters.
Key Features:
- Automated speech recognition
- Customizable editor
- Chapters, speakers and sound effects
- Share via Dropbox or Google Drive
- Bulk upload
Pricing:
- Starter: Free
- Medium: $12/month
- Pro: $22/month
Best For: Podcasters that need automated transcriptions to publish or edit episodes.
12. Scribie
Scribie provides fast, affordable transcription services using a combination of automated speech recognition technology and human editors.
Key Features:
- Automated transcription with human verification
- Audio and video files supported
- Export file formats like PDF and SRT
- Secure encrypted transfers
- iOS mobile app
Pricing:
- Starts at $0.80/minute
- Academic pricing available
Best For: Individuals and students needing affordable, accurate audio and video transcriptions.
13. Speechmatics
Speechmatics utilizes powerful machine learning technology to deliver fast, accurate automated speech recognition and transcription capabilities.
Key Features:
- Automated speech recognition
- Live streaming transcription
- Browser-based editor
- Custom models for unique vocabularies
- Integrates with media players
Pricing:
- Pay-as-you-go pricing starting at $0.10/minute
- Enterprise plans available
Best For: Precise speech-to-text conversion for media, lectures, conferences, legal proceedings.
14. Auto Subtitle by Descript
Auto Subtitle by Descript uses advanced speech recognition technology to automatically generate subtitles and closed captions for video files.
Key Features:
- Automated subtitling for videos
- Mulitspeaker identification
- Tools for editing subtitles
- Formats like SRT and WebVTT
- Transcripts as a bonus
Pricing:
- Starter: $10/hour of video
- Business: $4/hour billed monthly
Best for: Automated subtitling and closed captioning for YouTube, social media, and other video content.
15. Nuance Transcription
Nuance provides powerful, customized speech recognition solutions for transcription, documentation and captioning across industries and use cases.
Key Features:
- Customizable speech recognition engine
- Optimized per industry with machine learning
- Integrates with EHR, CRM, and other systems
- Mobile apps and speciality hardware
- On-premise and cloud-based options
Pricing: Custom quotes
Best For: Enterprise-level speech recognition and transcription tailored for industry needs like healthcare, legal, public safety.
- Look for speech recognition accuracy rates above 90% for clear audio
- Automated solutions are faster and cheaper but less accurate than human transcription
- subscriptions can save money for frequent transcriptions
- Software with built-in editors streamline transcription workflow
- Human transcription is better for legal proceedings and qualitative research
- Consider features like automation, sharing, and integrations with other tools
Hopefully this overview gives you a good basis for evaluating transcription software and services for your needs. The right solution can save hours of work converting audio and video to text. Let us know if you have any other questions!