Transcription software converts recorded or live speech into text. Most products now rely on automatic speech recognition (ASR) models, sometimes combined with human transcribers for higher-accuracy work such as legal or broadcast transcripts. Uses include meeting notes, interviews, podcasts, subtitles, research and contact-centre analytics.
This list covers ten products available in November 2026, from meeting assistants and media editors to human-verified services, speech-to-text APIs and an open-source model. Prices are quoted in the units each vendor publishes, which range from fractions of a cent per audio minute for APIs to monthly subscriptions with minute allowances.
Contents
- Types of transcription software
- Methodology
- The list
- Comparison table
- Accuracy and privacy considerations
- Frequently asked questions
- See also
Types of transcription software
Meeting assistants such as Otter.ai, Fireflies and Notta join video calls or record in-person conversations and produce searchable transcripts and summaries.
Transcription editors such as Sonix, Trint and Descript take uploaded audio or video and provide an editor for correcting, translating and exporting transcripts and captions.
Human-verified services, of which Rev is the best known here, offer machine transcription alongside per-minute human transcription with accuracy guarantees. Speech-to-text APIs such as Deepgram and AssemblyAI, and the open-source Whisper model, are components that developers build into their own applications.
Methodology
Products were included if they were available in November 2026, produce transcripts from speech automatically, and document their plans, limits or licence on an official page. Prices are list prices in US dollars from vendor pricing pages, excluding tax; promotional or region-limited prices are noted where the vendor displays them. Accuracy percentages are reported only as the vendor's own claims.
The order is an editorial judgement that weighs breadth of use cases served, language support, generosity and clarity of usage limits, and pricing transparency. No independent accuracy benchmark, user rating or market-share estimate was used, and none is implied.
The list
1
Meeting transcription assistant with a 300-minute free plan
Best for: Live meeting transcripts and notes for teams
Otter.ai records and transcribes meetings and conversations in real time, joining video calls automatically and producing searchable transcripts and summaries. The free Basic plan includes 300 minutes of meeting transcription a month and three imported files over the account's lifetime. Pro costs US$16.99 per user a month billed monthly (US$8.33 annually) with 1,200 minutes and 10 imported files a month; Business costs US$30 monthly (US$19.99 annually) with unlimited meeting transcription; and Enterprise is priced on request. AI transcription supports English, Spanish, French, German, Japanese and Chinese.
- Pricing
- Basic free; Pro US$16.99/user/mo; Business US$30/user/mo; Enterprise quote-based
- Languages
- English, Spanish, French, German, Japanese, Chinese
Strengths
- Generous free monthly allowance
- Unlimited meeting transcription on Business
Limitations
- Supports only six languages
- Free plan allows just three imported files in total
2
AI transcription plus human transcription at US$1.99 a minute
Best for: Interviews, legal and research work needing human-verified text
Rev offers both machine transcription and a human transcription service, which makes it suitable when a verified transcript is required. AI plans start with a Free tier of 45 minutes per user a month; Essentials costs US$29.99 per seat monthly (US$25.49 annually) with 5,000 AI minutes, and Pro US$59.99 monthly (US$47.99 annually) with 10,000 minutes. Human transcription starts at US$1.99 a minute, which Rev says is 99%+ accurate and delivered in 12 hours or less, with subscriber discounts. Legal-formatted transcripts are priced per page, from US$2.25.
- Pricing
- Free (45 AI min); Essentials US$29.99/seat/mo; Pro US$59.99/seat/mo; human transcription from US$1.99/min
Strengths
- Human transcription available from the same account
- High monthly AI minute allowances
Limitations
- Human transcription is far more expensive than AI
- Accuracy figures are the vendor's own claims
3
Upload-and-edit transcription in 54+ languages with pay-as-you-go option
Best for: Occasional or multilingual transcription of recorded files
Sonix transcribes and translates uploaded audio and video, with an in-browser editor for correcting text and exporting transcripts and subtitles. It supports more than 54 languages. Pay As You Go costs US$10 an hour with no monthly fee. Subscriptions are Core at US$25 a month for 5 hours, Advanced at US$50 for 20 hours and Pro at US$80 for 40 hours, with annual equivalents of US$275, US$550 and US$880 and extra hours at US$10. Enterprise pricing is custom.
- Languages
- 54+
- Pricing
- Pay as you go US$10/hr; Core US$25/mo; Advanced US$50/mo; Pro US$80/mo
Strengths
- No subscription required
- Broad language and translation coverage
Limitations
- Per-hour cost is high compared with APIs
- Not designed for live meeting capture
4
London-based transcription and verification platform for media organisations
Best for: Newsrooms and broadcasters
Trint is AI transcription and media production software with features for live capture, archive bulk transcription, rough cuts, captioning, translation and an AI assistant. Its Story Builder turns verified quotes into drafts. The company lists newsrooms, sports media, production, education, law firms and financial services among its markets and highlights Al Jazeera, the BBC and AFP as media users. Live transcription works in more than 50 languages and translation in more than 70. Trint gives its address as Shoreditch Exchange, London, with a North American office in Toronto. Prices are listed on a separate plans page that could not be retrieved for this review.
- Headquarters
- London, United Kingdom
- Languages
- 50+ (live transcription); 70+ (translation)
- Pricing
- Not verified
Strengths
- Workflow tools built for journalism and verification
- Integrations with news production and media asset systems
Limitations
- Prices could not be confirmed
- Feature set is more than casual users need
5
Edit audio and video by editing the transcript
Best for: Podcasters and video creators
Descript transcribes audio and video and lets users edit the media by editing the resulting text, which makes it popular for podcasts and video production. Transcription on all plans supports 25 languages, multitrack recordings and eight or more speakers. The Free plan includes 60 media minutes a month. Hobbyist includes 10 hours, Creator 30 hours and Business 40 hours of media a month per editor, with listed prices of US$24, US$35 and US$65 a month and lower figures shown for annual billing; Enterprise is custom.
- Languages
- 25 (transcription)
- Pricing
- Free; Hobbyist US$24/mo; Creator US$35/mo; Business US$65/mo (higher listed figures)
Strengths
- Transcript-based editing of audio and video
- Multitrack and multi-speaker support on every plan
Limitations
- Overkill for those who only need text output
- Pricing page does not clearly label monthly and annual figures
6
Meeting bot and note-taker with 100+ languages in beta
Best for: Sales and customer teams recording many calls
Fireflies.ai joins online meetings through a bot or browser extension, transcribes them and produces notes and summaries. Its pricing page lists Free, Pro, Business and Enterprise plans billed per seat, with volume discounts for teams of more than 50 through sales. Fireflies states there are no monthly rate limits on its meeting bot or Chrome extension, while the API, dialers and bulk uploads are rate-limited. English is the primary language, with Spanish, French, Portuguese and Italian supported and more than 100 other languages in beta. Per-seat prices were not displayed on the page when accessed.
- Plans
- Free, Pro, Business, Enterprise (per seat)
- Pricing
- Not displayed when accessed
Strengths
- No monthly limit on meeting-bot transcription
- Wide beta language coverage
Limitations
- Most languages are in beta
- Prices were not visible on the pricing page
7
Low-cost meeting and file transcription with translation add-ons
Best for: Individuals wanting inexpensive annual transcription plans
Notta transcribes meetings and uploaded recordings and offers translation as add-ons. The Free plan includes 120 minutes a month with a three-minute limit per recording. Pro costs US$8.17 a month billed annually (US$97.99 a year) with 1,800 minutes, and Business US$16.67 a month billed annually with unlimited minutes; both allow recordings up to five hours. Enterprise starts at 51 seats. Translation add-ons cost US$6 or US$9 a month billed annually, and custom vocabulary is available in English and Japanese.
- Pricing
- Free; Pro US$8.17/mo (annual); Business US$16.67/mo (annual); Enterprise from 51 seats
Strengths
- Low annual price for unlimited minutes on Business
- Bilingual transcription add-on
Limitations
- Free recordings capped at three minutes
- Monthly-billing prices not published
8
Speech-to-text API with Nova-3 models billed per second
Best for: Developers needing real-time transcription at scale
Deepgram provides speech recognition through an API, used by developers in contact-centre, voice-agent and media applications. Its Nova-3 models support more than 60 languages. Pay-as-you-go pricing is US$0.0043 a minute for pre-recorded monolingual audio and US$0.0077 for streaming, with higher multilingual rates and discounts on the Growth plan; usage is billed per second with no minimums. New users receive a US$200 credit that does not expire and needs no card, which Deepgram estimates covers about 43,000 minutes of Nova-3 transcription.
- Model
- Nova-3
- Languages
- 60+
- Pricing
- From US$0.0043/min (pre-recorded) and US$0.0077/min (streaming), pay as you go
Strengths
- Large non-expiring free credit
- Per-second billing without rounding
Limitations
- Requires software development
- No end-user editor
9
Speech-to-text API with Universal models and add-on features
Best for: Developers who need add-ons such as diarization and PII redaction
AssemblyAI offers speech-to-text and speech-understanding models through an API. Pre-recorded transcription costs US$0.21 an hour with Universal-3.5 Pro or US$0.15 with Universal-2, while streaming costs US$0.15 an hour on Universal-Streaming and US$0.45 base on Universal-3.6 Pro Realtime, billed on connection time. Add-ons such as speaker diarization, medical mode and key-term prompting are charged on top. New accounts receive US$50 in free credit without a card. PII redaction on Universal-2 works in 47+ languages.
- Models
- Universal-3.5 Pro, Universal-2, Universal-Streaming
- Pricing
- From US$0.15 per audio hour
Strengths
- Low hourly base rate
- Modular add-ons for medical, diarization and redaction
Limitations
- Streaming billed on connection time, not audio
- Language coverage per model is documented separately
10
Open-source speech recognition model under the MIT licence
Best for: Private, offline transcription on the user's own hardware
Whisper is a general-purpose speech recognition model released by OpenAI, with both code and model weights under the MIT licence. It performs multilingual recognition, speech translation and language identification. The repository lists six sizes, from tiny (39 million parameters, about 1 GB of video memory) to large (1,550 million, about 10 GB), plus a turbo variant of large-v3 that is faster with minimal accuracy loss but not trained for translation. English-only versions of the smaller models are also provided. Because it runs locally, audio does not have to be sent to a vendor.
- Developer
- OpenAI
- Licence
- MIT (code and weights)
- Pricing
- Free (self-hosted)
Strengths
- No usage fees and full data control
- Choice of model sizes for different hardware
Limitations
- Requires technical setup, Python and ffmpeg
- No built-in editor, speaker labelling or collaboration
Accuracy and privacy considerations
Frequently asked questions
What is the most accurate transcription software?
Accuracy varies with audio quality, speakers and vocabulary, and no independent benchmark was used for this list. Where accuracy is critical, human transcription remains the reference: Rev states its human service is 99%+ accurate. Among automatic tools, developers often test APIs such as Deepgram and AssemblyAI on their own recordings before choosing.
Is there free transcription software?
Yes. OpenAI's Whisper is free and open source under the MIT licence for anyone able to run it locally. Otter.ai's free plan includes 300 minutes a month, Notta's 120 minutes, Descript's 60 media minutes and Rev's 45 AI minutes. Deepgram and AssemblyAI give developers US$200 and US$50 in free credit respectively.
What is the best transcription software for meetings?
Meeting assistants such as Otter.ai, Fireflies.ai and Notta are designed for this task: they join video calls, transcribe in real time and produce summaries. Otter's Business plan and Notta's Business plan both list unlimited transcription, while Fireflies states there are no monthly limits on its meeting bot.
How much does transcription cost per minute?
Automatic transcription through APIs costs fractions of a cent per minute; Deepgram lists US$0.0043 for pre-recorded audio and AssemblyAI US$0.15 per hour. Consumer services sell monthly allowances, such as Sonix at US$10 an hour pay-as-you-go. Human transcription is much more expensive, starting at US$1.99 a minute at Rev.
Can transcription software identify different speakers?
Many can. Descript supports eight or more speakers and multitrack recordings on all plans, and AssemblyAI sells speaker diarization as an add-on to its API. Speaker labelling is generally less reliable when people talk over each other, so transcripts of busy discussions often need manual correction.
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