TranscribeMe Launches First Draft Transcription Service

TranscribeMe, a provider of on-demand consumer and enterprise transcription via its proprietary voice-to-text platform, has launched the First Draft Transcription service, offering low prices with rapid turnaround.

Based on the TranscribeMe platform that combines a crowd workforce of more than 300,000 transcriptionists, the First Draft Transcription service costs just 79 cents per audio minute. With a secure micro-tasked process to complete each project, hundreds of crowd workers collaborate on each First Draft transcript.

"With our new First Draft Transcription, we're thrilled to offer amazing service, fast turnaround, and accuracy of 90 percent to 95 percent, all at the lowest price point in the industry," said TranscribeMe's co-founder and CEO, Alexei Dunayev, in a statement. "First Draft is a unique service compared to traditional transcription offerings, and we hope our customers find it useful for their transcription needs."

First Draft Transcription is in addition to TranscribeMe's standard and premium solutions, which allow customers to receive advanced transcription that includes speaker IDs and timestamps.

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