Language service providers (LSPs) can deliver tools and processes that save businesses money. Today, we'll explore how LanguageLine (LLS) can help you cut costs and focus on what you do best.
Technology plays a huge role in driving efficiencies for both the LSP and the customer, namely Translation Memory (TM). Effective use of TM means exponential cost and quality benefits as your content is translated, approved, stored, and applied to future translation projects. TM is an invaluable asset that helps linguist be much more efficient and consistent in delivering higher quality output, and the cost benefits to a typical customer with regular multilingual content deliver 30-50% reductions.
TM is your own IP and if you operate a multi-vendor model, the benefits can be even further maximised by managing this, and any other linguistic assets, centrally either through your own translation management platform, or through a dedicated LSP. LLS operate with transparency to help our customers make the most of this and any other productivity technology on the market.
Another way LLS can save businesses money is by providing expertise and industry-specific knowledge. LLS have a team of professional translators and interpreters with expertise in different fields, enabling them to provide accurate translations in specific industries. By outsourcing translation and interpretation services to LLS, businesses can avoid the costs (both financial and time) of researching, hiring, onboarding and training in-house translators and interpreters, saving money on salaries and benefits.
With one of the largest networks of linguists in our industry, we have experts across a large range of industries in both public and private sectors including but not limited to healthcare, legal & financial, manufacturing & engineering, technology & software, learning and development and much more. LSPs like us must ensure a vigorous onboarding process is followed for language experts such as security level clearance, degree & masters level qualifications, and first-hand experience in the chosen specialism.
In conclusion, working with an LSP that sees you as a partner and themselves as an extension of your team will mean you share a common goal – to grow your organisation and form a long-standing relationship. An LSP that continuously looks to improve service delivery, provide cost-effective translation and interpretation services, leveraging technology, providing industry-specific knowledge, and offering customised services needs is an LSP that has your best interests at heart and saves you money.