4 Best Automated Audio Transcription Software for 2024

November 2023

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4 min read

4 Best Automated Audio Transcription Software for 2024

Whether you're a content creator trying to add captions for accessibility or a law professional dealing with extensive audio footage, audio transcription can pose a significant challenge.

We've sifted through the options to bring you the top four audio transcription tools for 2024. From budget-friendly choices to premium services, these audio-to-text transcription software cater to various needs and industries.

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Before jumping into the list, let’s consider a few tips to help you choose the best audio transcription service for your needs:

💰 Evaluate the pricing structure for your audio transcripts, whether subscription-based or pay-per-use, to fit your budget and usage requirements.

💯 Look for an audio transcribing software that provides high accuracy in audio transcription. Accuracy is crucial especially if you work in law enforcement and healthcare.

🆓 Many audio transcription services offer a trial period or a free version. Take advantage of these free trials to transcribe audio to text before making a commitment.

📝 Check if the solution you choose meets compliance requirements for audio transcripts regarding security, AI training, HIPAA, etc.

Our handpicked selection offers something for everyone, ensuring you find the ideal solution for your audio-to-text conversion needs.

1. Reduct

Reduct is an audio transcription software for all your live or recorded audio needs. In Reduct, you can upload your audio recordings straight from the computer or import them from the web.

Screenshot of Reduct's transcription landing page

As soon as you upload your audio, Reduct’s AI automatically generates 96% accurate transcripts— the highest in the industry.

For critical audio recordings, where precision is paramount, such as in legal cases, Reduct offers 99% accurate human transcripts.

With Reduct, you can easily share transcripts with your team and work on them together. Plus, there's a useful feature that lets you highlight texts and add comments to your audio transcripts.

Recommended for

  • Lawyers who need to review hours of audio evidence

  • Educators who need to cater to the diverse range of learners and embrace inclusivity

  • Researchers who need to tell resonant stories by extracting quotes from their interviews

  • Marketers who need to extract snackable snippets, like customer testimonials, from audio recordings.

Pricing

  • Free 14-day trial with 2 hours of AI transcription included

  • Standard: $30/editor/month, 10 hours of AI transcription per editor

  • Enterprise: Starting at $75/editor/month

2. Sonix

Sonix is an automated transcription software that offers transcription services in 38+ languages. Sonix also offers an in-browser transcript editor.

Screenshot of Sonix's transcription page

Sonix has a pay-as-you-go pricing scheme, so you get charged for only the volume of audio you transcribe. They also offer an API so that you can build your own transcription flow.

Recommended for

Journalists, researchers, video producers, podcasters, lawyers, coaches, students, marketers, and filmmakers looking for simple and accurate transcription with transparent pay-as-you-go pricing.

It is especially useful if you are working with a fixed budget.

Pricing

  • 30 minutes of free transcription

  • Standard: $10/hour pay-as-you-go

  • Premium: $22/user/month seat fees + $5/hour transcription fees

3. Otter.ai

Otter.ai is an artificial intelligence platform that provides real-time audio transcription services for meetings. You can use Otter in your web browser, as a Chrome extension, or as an app for Mac or Windows.

Screenshot of Otter.ai's landing page

Otter’s focus is not just on transcription, but on building powerful workflows that help you get outcomes from the audio transcript.

Once you receive the accurate AI transcripts, Otter provides you the ability to ask questions about the meeting, get summaries, highlight key takeaways and assign action items right from the transcript.

Their products like OtterPilot™ and Otter Chat use artificial intelligence that seamlessly integrates with your meeting and, more importantly, your post-meeting workflows.

Recommended for

  • Students, journalists, researchers, presenters, salespeople or really anyone who needs to look back at past recordings and transcribe conversations, with multiple options for capturing the audio like mobile app, web browser, extensions, Zoom and calendar integrations, etc.

  • Teams looking to turn meetings into actionable conversations with automated summaries, takeaways, commenting, collaboration and a chat interface to get specific information.

Pricing

  • Free version: 300 monthly transcription minutes; 30 minutes per conversation; Import and transcribe 3 audio or video files lifetime

  • Pro: $8.33/month; 1200 monthly transcription minutes; 90 minutes per conversation

  • Business: $20/month

4. Descript

Descript offers automatic transcription for audio content in 22 languages with a near-instant turnaround.

Screenshot of Descript's transcription page

In addition to the standard features like transcript editing, industry-leading accuracy and speaker labels, Descript has an interesting feature that will blow your mind.

Their Overdub feature can generate a clone of your voice, so you can fix mistakes that you might have made during the recording and Descript will add any new content in your voice.

Their library of AI voices gives you the opportunity to use the transcription from your voice but generate an audio from that transcript in another voice, with pauses and personality.

Recommended for

Content creators who need realistic, natural-sounding AI voices to do their voice-overs either as a voice clone or choose from a diverse range of pre-existing AI voices to match their content.

Pricing

  • Free version: 1 hr/month with 1 free watermark-less export

  • Creator: $12/user/month, 10 hr/month/editor of audio transcription

  • Pro: $24/user/month

Make the right choice

Evaluating and selecting the right audio transcription software can be a challenging task.

The good news is that all of these options have free trials— you can try them out without putting in your credit card. It’s always better to try out the tools yourself before making a decision.

Reduct.Video gives you more than just transcription. It is a native audio/video editor that allows you to clip, highlight, and share interesting bits from the audio by just selecting a region of text from the transcript.

Our support team is available to assist you with any inquiries or provide a personalized demo to showcase Reduct's capabilities.

Reduct removes the pain of working with video.

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