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What is meeting transcription and why does a business need it?

What is meeting transcription and why does a business need it?

What is meeting transcription and why does a business need it?

How much time do teams spend on phone calls? To be honest, most of us spend more time in Zoom or Teams than we would like. And after each meeting, there is a feeling that half of the important things have already been forgotten, and the other half is written down somewhere, but it is no longer clear where.

Now imagine a day with 5-6 video calls. At each of the meetings, tasks, deadlines, and role allocation are discussed. You're trying to capture important things, but either your colleague's microphone isn't working, or you're distracted by messages in messengers. As a result, by the end of the day, my head is in a mess, and "something urgent" is hanging in the notes.

In order for meetings to really work for results, you need not only to prepare for them, but also to use tools that help you not to miss anything. They do a great job with it. AI solutions for transcription — they turn conversations into understandable notes and save the team time.

What is transcription of meetings?

Transcription of meetings is the process of automatically converting the speech of participants in a video conference into a text format. Modern solutions use artificial intelligence to create accurate transcriptions, highlight key points, and structure information.

AI services take over the routine work:

  • they record everything that was said at the meeting;
     

  • the voices of the participants are distinguished;
     

  • highlight the most important;
     

  • formulate a list of tasks and questions based on the results.

As a result, information is not lost, and the team can quickly return to the desired part of the dialogue.


Examples of AI solutions for transcribing meetings

There are already many different platforms on the market for meeting sammarisation, for example Fireflies.ai , tldv.io , MeetGeek.ai and others. They integrate with Zoom, Teams, and Google Meet and allow you to save meeting minutes in a convenient way.

The main features of AI assistants at a meeting:
 

- They keep everything on the shelves. You can find all the Sammari for a month in a couple of clicks.
 

- They take out the main thing. Instead of a 40-minute meeting, you get only the highlights.
 

- Record the agreements. Highlights key solutions, tasks, and deadlines automatically.


- Simplify collaboration — notes can be shared with colleagues or integrated into task managers.

We at LighTech have developed LighTopic's AI solution for transcribing and sammarizing meetings. Our service turns corporate communications into a smart knowledge graph: each discussion is structured, linked to previous data, and recommendations and tasks are automatically generated. Integration with popular platforms makes all information accessible and useful to the team in real time.

Advantages of transcribing and sammarizing meetings

The team starts working more independently. Previously, the team leader had to be present at all meetings, control everything, and remind everyone. Now you can read the transcript and understand what's going on.

With the help of transcripts, you can see who speaks most often at meetings, which topics cause recurring problems and where excessive emotionality is present. Such an analysis helps to understand what is going wrong in the processes.

And another bonus is that you don't have to drag everyone to every meeting. It is enough for one person to participate, and then the rest will read the extract. This results in huge savings of time and resources.

Why would a business use an AI assistant to transcribe meetings?

AI assistants solve the main problems of modern teams. Business gets results: 

  • They stop wasting time trying to remember what they agreed on.
     

  • They do not lose information, even if a key employee is ill or has quit.
     

  • Tasks are planned precisely because everything is written down and structured.
     

  • There are fewer misunderstandings and "I thought you were thinking."

This is a lifesaver for startups and remote teams. When you have 10 people in different cities and everyone is busy with their own business, such tools help you not to fall apart as a team.

Frequent questions

What is transcription of a meeting in simple words?
What tasks does a business solve with transcription?
Do I need special preparation for meetings for transcription?
How does transcription of meetings help manage remote teams?

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