A lot of you have a ton of footage that you want to transcribe. One of our goals with Transcriptive has been to enable you to transcribe everything that goes into your Premiere project. To search it, to create captions, to easily see what talent is saying, etc. But if you’ve got 100 hours of footage, even at $0.12/min the costs can add up. So…
Transcriptive has a new feature that will help you cut your transcribing costs by 50%. The latest version of our Premiere Pro transcription plugin has already cut the costs of transcribing from $0.012 to $0.08. However, our new prepaid minutes’ packages goes even further… allowing users to purchase transcribing credits in bulk! You can save 50% per minute, transcribing for $2.40/hr or .04/min. This applies to both Transcriptive AI or Speechmatics.
The pre-paid minutes option will reduce transcription costs to $0.04/min which can be purchased in volume for $150 or $500. For small companies and independent editors, the $150 package will make it possible to secure 62.5 hours of transcription without breaking the bank. If you and your team are transcribing large amounts of footage, going for the $500 will allow you to save even more.
The credits are good for 24 months, so you don’t need to worry about them expiring.
You don’t HAVE to pre-pay. You can still Pay-As-You-Go for $0.08/min. That’s still really inexpensive for transcription and if you’re happy with that, we’re happy with it too.
However, if you’re transcribing a lot of footage, pre-paying is a great way of getting costs down. It also has other benefits, you don’t need to share your credit card with co-workers and other team members. For bigger companies, production managers, directors or even an account department can be in charge of purchasing the minutes and feeding credits into the Premiere Pro Transcriptive panel so editors no longer have to worry about the charges submitted to the account holder’s credit card.
Buying the minutes in advance is simple! Go to your Premiere Pro panel, click on your profile icon, choose “Pre-Pay Minutes” and select the option that better suits your needs. You can also pre-pay credits from your web app account by logging into app.transcriptive.com, opening your “Dashboard” and clicking on “Buy Minutes”. A pop-up window will ask you to choose the pre-paid minutes package and ask for the credit card information. Confirm the purchase and your prepaid minutes will show under “Balance” on your homepage. The prepaid minutes’ balance will also be visible in your Premiere Pro panel, right next to the cost of the transcription.
Applying purchased credits to your transcription jobs is also a quick and easy process. While submitting a clip or sequence for transcription, Transcriptive will automatically deduct the amount required to transcribe the job from your balance. If the available credit is not enough to transcribe your job, the remaining minutes will be charged to the credit card on file.
The 50% discount on prepaid minutes will only apply to transcribing, but minutes can be used to Align existing transcripts at regular cost. English transcripts can be imported into Transcriptive and aligned to your clips or sequences for free, while text in other languages will align for $0.02/min with Transcriptive AI and $0.04/min with Transcriptive Speechmatics.
Would you like to try Transcriptive for yourself? Download a free demo at https://digitalanarchy.com/transcribe-video/transcriptive-trial.html or email firstname.lastname@example.org.