Dictation Products, Speech-to-Text Software Lead to Saving Time and Money

Numbers Do Not Lie

American industrialist and author Harvey Mackay once said, “Time is free, but it’s priceless. You can’t own it, but you can use it. You can’t keep it, but you can spend it. Once you’ve lost it, you can never get it back.”

We all want to save time to spend it doing the things we enjoy. That is more relevant at work. No one likes to work overtime or on their days off. In this article, we will show you how to give your clients that time back… and help them save money along the way. According to Typing Pal, a website dedicated to teaching typing to people of all ages, the average person types 40 words per minute. And, according to the US Office of Personnel Management, the average speed of dictation is up to 120 words per minute. Do the math: According to these 2 facts, dictating is 3 times faster than typing.

…by using speech-to-text software, they would save 13.5 hours a week, 54 hours a month, and 648 hours a year–that equals 27 days; almost a whole month!

Therefore, logically and statistically, if your client spends one hour typing, the same job could be done by dictating in 20 minutes–saving 40 minutes, or 67%.

Using really conservative numbers, let’s say your client (a lawyer, doctor, or journalist) spends 20 hours a week typing (including, alas, weekends and nights). By using speech-to-text software, they would save 13.5 hours a week, 54 hours a month, and 648 hours a year–that equals 27 days; almost a whole month!

Your clients will also be marveled by the research done by Philips (who has been in business since 1891… so they know a thing or two), showing that speech is actually 7 times faster than typing.

So, taking our conservatively low numbers, we now have that if your clients spend one hour typing, they could do the same job by talking in 9 minutes or a saving of 51 minutes–85%. Ergo, our new numbers if you type 20 hours a week are savings of 17 hours a week, 68 hours a month, and 816 hours a year or 34 days–one week more as compared to our other numbers.

However, 20 hours a week is a low number for a lawyer, doctor, or journalist. Their transcriptionists, on the other hand, type a heck of a lot more.

According to employment website Indeed.com, the national average salary for a transcriptionist (as of June 2022) is $18.85 an hour. If your clients pay a transcriptionist for 20 hours’ worth of work, they’d spend $377/wk. or $1,508/mo.

But with speech-to-text technology that number would go down to $56.55/wk. or $226.20/mo.–a savings of $1,281.80 a month. Yet, 20 hours is a low number, reality is much, much higher.

Your client, the attorney, for example, uses a full-time transcriptionist; 40 hours at $18.85 an hour (or $754 a week/ $3,016 a month). But we have shown how with speech recognition one can do the same job in 6 hours ($113.10/wk. or $452.40/mo.). So, your client went from employing a transcriptionist 5 days a week to just 1 day a week for savings of $2,563.60 a month per transcriptionist. That translates to $30,763.20 a year.

It’s So Easy to Save Time and Make Money

As the world’s #1 wholesale distributor of voice processing solutions, state-of-the-art technical support, logistics, and next-level marketing services—and North America’s leading speech recognition software Value-Added Distributor (VAD) for Nuance®, Olympus®, and Philips® dictation products and speech-recognition solutions, eDist is your conduit to increasing your ROI with recurring revenue. As a Value-Added-Reseller, your clients will have access to the best speech-to-text programs.

Our dictation software and products will lead your clients to save time and money, which, in turn, makes you money. Your clients will love that our software lives in the cloud for their convenience and speed (and yours too). Another way the cloud saves your clients time and money is the fact that they do not need in-house servers. Lastly, your clients will appreciate that our state-of-the-art dictation products can be paired with existing forms and templates, or they can create their own.

From the latest in microphones to voice-command software for your client’s PC, eDist has a slew of dictation products and speech-recognition software that are geared toward one objective: To make life easier for your clients—giving them more free time and putting more money back into their wallet.

How? Through artificial intelligence. Your client may or may not know that speech recognition uses deep learning neural networks and natural language processing to understand, analyze and define the language according to established and programmed algorithms, but they will know it is a time (and money) saver.

What are the Benefits of Speech Recognition Technology?

Become an eDist Value-Added Reseller

Increase your ROI with recurring revenue and reach out to a wider customer base with the power of cloud-based technology.

Voice will power your future profits. eDist has proven sales and marketing strategies and can provide value-added bonuses like white-label technical support, a marketing portal, high-level product knowledge and updates, training, and certifications. We don’t just want to see your business succeed. We want to be your partner in success.

Become A Reseller Today