The Four Seasons of Seasonal Demand for Transcription Services
The distinct four periods of seasonal demand for transcription services experienced by Pacific Transcription reflect our diverse clientele and the diverse array of transcription services we provide.
To everything, there is a season, and it’s no different with transcription companies. The four seasons of transcription Pacific experiences reflect the ebbs and flows of transcription requirements and are influenced by many factors. These include university semesters, school terms and major holidays periods, the end of the financial year and quarterly financial reporting periods, and other key reporting and media schedules.
For transcription companies that provide a wide range of transcription services, juggling competing and increasing demands and balancing workflow can be challenging.
Resourcing to Match the Seasonal Demand
Thankfully, transcription companies such as Pacific Transcription, have sophisticated allocation and distribution systems and software to deal with seasonal demand for specific services. These resources enable the company to manage fluctuations. They also enable the company to continue to provide clients with stable, secure, regular, and highly accurate transcription services.
Which Transcription Season Do You Belong To?
At Pacific Transcription, we manage complex and competing calendar events for all our clients. You may wonder why fewer people are scheduled for elective surgery each January? This is often the time surgeons take to enjoy their well-earned holidays. But if each January is quiet on the medical front for transcription, what about the rest of the year? During the course of the year, we manage the overflow and peak periods which many hospitals, hospital departments and specialist practices experience.
Our academic researchers, while operating on an entirely different calendar of events, also notice peak periods when seeking transcription. The end of the calendar year is often the time when academics and researchers must acquit their grants. This means a big scramble to first finish the interviews or focus groups, before submitting the files for transcription. The end of the year is often one of the busiest times in any transcription company’s life.
Another regular circle on the calendar is quarterly financial reporting and annual general meeting time. These events often form part of a mandatory regulatory requirement. The company itself, media monitors and financial analysts require the broadcasted or televised financial reporting or shareholder event quickly recorded and transcribed, often within a matter of hours. These completed transcripts are then made available to shareholders, as a matter for public record.
It May Not Be Cyclical, But It’s Still a Season!
While not necessarily cyclical, participants in court and tribunal cases also require transcripts of court proceedings. Depending on the individual court or tribunal, clients can apply to the court for transcription of their proceedings and then choose their transcription provider. This is one of the seasonal demand examples for service which Pacific provides to the Victorian Civil and Administrative Tribunal, and a number of other tribunals and courts throughout Australia.
To everything, there is a season
If you are wondering whether transcription companies experience the ebbs and flows of business workflow, just as you do in your work life, the answer is, to everything there is a season. It is no different for transcription companies, like Pacific Transcription. Pacific experiences four seasons of transcription.
Is the circle on your calendar looming? Beat the rush and get in early. For more information on Generalist Transcription, Academic and Research Transcription, Medical Dictation and Transcription, Legal & Business Dictation and Transcription, Transcripts of Court Proceedings, Minute Taking, Stenography/Court Reporting and Live Captioning, contact us on 1300 662 173 today.