Demand for Financial Transcription Has Surged

The financial sector has evolved in recent years to keep pace with tech shifts fanning changes in how business is done. Today, banks, microfinance entities and providers of online payment systems require recording and accurate documentation of their communications and correspondences.

Financial transcription requires specialist transcribers well-versed with banking and accounting terminologies. They can render accurate and timely transcripts for boardroom meetings, conferences, interviews, phone conversations, company reports, earnings calls and client relations.

Due to the prevalence of statistical data and technical information, financial transcriptionists should possess typing and keyboarding prowess for speed and pinpoint accuracy. With the wariness of banks and other monetary institutions, audio or video recordings can only be entrusted to an established service provider with encrypted networks and servers. Additionally, financial transcriptionists hired sign a stringent non-disclosure agreement to keep highly sensitive data and details from prying eyes and wiretapping ears. As a vast proportion of financial transcription involves figures, tabular or columnar data, cost-accounting, inventory, bookkeeping and auditing, a seasoned transcriptionist must be involved for accuracy, flawlessness and rapid execution.

 Financial Transcription Services-Customized & Polished Transcripts

Financial transcription services pose a host of difficulties and can only be effectively performed by a seasoned transcriptionist habituated with the tools of trade, industry jargon and formatting programs. Another important trait is grammatical command as it allows a transcriber to punctuate aptly, logically lay out content and adhere to language conventions. The Vanan Services financial transcription services providers charge a fixed rate cutting across all manner of file recordings. Accordingly, you only pay for what has been transcribed as the pay rate factors in the run time of audio. Banks, lending entities and money services provider not only manage money for their clients but also handle chunks of financial data frequently captured in their audit reports.

Financial transcription also covers corporate organizations and businesses discussions involving fiscal balance sheets, income and expenditure statements, cash flow reports as well as taxation records. Experienced transcribers can breeze through convoluted speech on financial data to compare, analyze and collate it into reader-friendly transcripts.