Welcome and thanks for reading my AccuTran Global Review.
For many, the idea of working from home is a dream. If you have young children at home, a healthy issue, or you're just tired of your day job, working from home is the answer.
However, with all the schemes online, most companies with a work at home opportunity get labeled a scam. AccuTran Global is no exception. In this Accutran Global (AG) review I’ll discuss who they are, what they do, and why some might label them a scam.
Please note, I am not a member or an affiliate for Accutran Global. This review has been researched with information and/or testimonials that are available online in the public domain. Any recommendations and/or conclusions are strictly opinions and may not to apply to, or agree with, all persons or situations. See full disclaimer for more info
What Is AccuTran Global?
Accutran Global (AG) is a transcription company based out of British Columbian Canada. They provide services in the medical and legal fields, as well corporate and financial environments.
Transcribing can be the perfect “at-home” job, either full-time or as a side hustle for the right person. If you’re new to transcribing, it’s a process that involves, typing, editing, compiling and proofreading audio recordings into written documents.
Some examples include presentations, round-table discussions, corporate earning calls, depositions and media interviews.
Accutran deals with these types of projects as well as audio recordings of things like focus group conversations and press conferences.
Is It a Scam?
No, AccuTran Global is not a scam. They’ve been in business since 2002 with a solid record of delivering services to clients… and, most importantly (for you)… paying their transcribers.
The reason some might call them a scam, is because of the way AccuTran (and transcription companies in general) pay.
Depending on the type of project, the rates are either per word , or per audio minute.
As a result, people who are new at transcribing and not yet fast at it… don’t get paid very much for their time. In fact, depending on where you live, it'll be less than minimum wage.
That's why some people consider it a scam. Or, at the very least… not a legitimate job. How can you pay less than minimum wage, right?
That's a fair question, but the reason is because you're not an employee of AG, you're an independent contractor.
So, it’s true there is no base salary as you might get if you were an employee (in a performance based job), but the appeal of working with a company like AccuTran Global is not that you'll make a lot of money. It's that you’re working from home, and managing your own schedule.
How Much Money Can You Make?
That’s the most important question, right? How much can you earn?
Is it enough to work from home full-time or is transcribing better done as something on the side for extra pocket money?
It depends on your experience.
If you’re new, it will probably be a part-time thing.
However, as you get better, faster, and more accurate, you can certainly earn a decent income. I didn't say a significant income… but decent, provided your living expenses are reasonable.
It could be the perfect stay-at-home job…
AccuTran Global Pay
AccuTran pays from $.004 to $.0055 per word, or for longer projects… $.40 per audio minute.
In real terms that would be about $4.00 to $5.50 per 1000 words transcribed. The average person speaks between 125 to 150 words per minute which means 1000 words is roughly 6 – 8 minutes of audio.
Of course, this can vary greatly depending on the nature of the project. But someone who can accurately transcribe 3000 words (approx. 20 minutes of audio) in an hour could earn $15/hr.
I know what you’re thinking. That’s not a lot of money. However, when you consider the benefits of working from home, it just might be worth it for a little bit of freedom.
For example… you don’t need to live in an expensive city (where higher paying jobs are).
You won’t be paying for fuel or parking… in fact, you may not even need a car if you’re not commuting every day.
A work-at-home wardrobe is also less expensive, as are lunches and general expenditures like coffee shops and convenience stores.
It’s not for everyone, but for those who are debt free and looking for a simple life, it can be good. Transcribing is more about lifestyle than it is money.
Transcribing is also an option for students who need a little extra money, or those who are retired and on fixed incomes.
If typing at speeds that make transcribing worthwhile is a challenge (I can't do it and I've been typing daily for 30 years 🙂 , you can also make money with online survey sites such as Survey Junkie and Inbox Dollars.
Of course, you can't make enough to retire on a beach with surveys, but for some extra spending money they can be a good place to start out.
For a bigger income and a little more freedom, an online business is what you want.
You may be at home for health related reasons or young children to look after. Or maybe you're just tired of trading hours for dollars.
In that case, an online business with the potential for passive income is what you want…
… but with so much misleading information out there, learning the basics of how money is made online and where to get started is what you need in order to get what you want.
Now, I'm going to give you a free step by step beginner's guide to making money online and you can get it by clicking HERE
Bonuses and Promotions
As you gain experience, you may get invited to do additional transcription tasks. These are the jobs where the $.40 per audio minute rates apply. They include…
- Scoping – Read throughs of transcriptions while listening to the audio and fixing things like dropped words, incorrect punctuation etc.
- Review – Compiling multiple transcriptions into a single document, ensuring continuity in concepts, style and format.
- Editing – After scoping, the transcriptions go through a second readthrough (with the orginal audio) to make additional corrections and research all names and terminology for accuracy.
- Proofreading – this is the third step in the quality assurance process after scoping and editing.
Bonuses and invites become available for those who become competent in specialized areas, such as medical or legal terminology or accurately transcribing specific accents.
Accutran Global Requirements
This where it might be a challenge for some who are considering transcription as an alternative income.
The first thing you will find on the application questionnaire is a typing test, and you must be able to type 70wpm.
That may disqualify many before they even start. The application also asks how many years you have been transcribing which indicates their preference for experience.
Another disqualifier for some is that you must have a domestic US or Canadian bank account. You can work from anywhere in the world, but your bank account must originate on North American soil.
What can you do if you don't qualify?
Fortunately there are many ways to make money online…
Survey sites won't make you rich of course, but they can be a simple way to get started online and open doors to something bigger down the road like starting an online business.
If you've ever thought of working for yourself or earning a full-time income from home, an online business is what you want. However, there's a lot of misinformation and get-rich-quick scams, so knowing how to get started properly is what you need in order to get what you want.
To learn how I did it, I'm going to give you a free step by step beginner's guide to making money online and you can get it by clicking HERE.
If you do meet Accutran Global's requirements though, there are some tests to be aware of.
At the end of the application you will be tested on things like punctuation, grammar, and comprehension. These are also timed tests… so AccuTran Global is not a “first come first serve” type of company.
They are looking for qualified applicants.
On the positive side, there are no fees to get started with AccuTran and the only real equipment requirements are a Windows 10 computer, a broadband connection and a quality set of “over the ear” headphones. Earbuds are not sufficient.
One other thing I should mention; you can imagine with things like depositions and corporate earnings calls, the audio you may be transcribing can be sensitive.
Therefore, Accutran asks if you’d be willing to sign a non-disclosure agreement.
It’s not necessarily a requirement, but not doing so will limit the number of jobs they can give you.
How Do You Get Paid with AccuTran Global?
US contractors are paid in US dollars and Canadian contractors in Canadian. Payments are made on or before the 15th for the previous month. If you worked in May for example, you will be paid on or before June 15th.
What I Like About AccuTran Global
- No fees to get started
- In business since 2002 so they have a long history of providing their services.
- The potential exists to earn a full-time income online if your living expenses are relatively low.
- Simple and straight to the point website.
What I Don’t Like
- Work is not guaranteed. The top transcribers with may have steady work most of the year, but don’t expect a full-time schedule from the start.
- AG is not beginner friendly (which is good for clients and transcribers who do get hired. It's just not good if you're starting out).
- While you can work your own hours, you must set your schedule ahead of time (every Friday for the following week). And since work isn't guaranteed, you could be spending your scheduled hours just waiting for a job to come in. In this respect, you may be better off working as an online freelancer.
As far as work-from-home jobs go, transcribing is one of the more solid and better paying ones. There are plenty of opportunities if you're really good at it.
However, one thing to consider which doesn’t get discussed very often, is that automated transcription software is getting better.
Voice and audio recognition is improving very fast and computers are getting better at things we once considered uniquely human, like transcribing…
It’s only a matter of time before computers are as good or even better than human transcribers for a fraction of the cost.
But for now, becoming a transcription specialist for AccuTran Global is a legitimate opportunity to make money from home and improve your transcription skills (opening the door to other opportunities).
If you don't meet their requirements though, or you're not sure transcribing is for you, you can also earn money doing online surveys. Market research sites like Survey Junkie will pay you for your opinion and others like Inbox Dollars even pays members for things like watching videos, visiting websites and searching the web.
It's not “retirment money” of course but if you've never made money online before, these sites can be a good way to get started and lead to bigger things later on… like starting an online business.
If you're looking for little more time and freedom in your life, an online business might be what you want but with so many fake gurus and false promises out there, knowing how (and where) to get started is what you need in order to get what you want.
Now, I'm going to give you a free step by step beginner's guide to making money online and you can get it by clicking HERE.
I hope my AccuTran Global review was helpful and if you any comments, questions or experience with them, please share in the comments section below. And of course… if read somewhere that AccuTran Global is a scam, you’ll now know that they are not.
Thanks for reading 🙂