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Watching "2001: A Space Odyssey" or reruns of the original "Star Trek" television series, it's common for computer users to fantasize about trading in the keyboard for a microphone. Although speech-recognition technology has not reached this level of sophistication, it definitely has developed to the point of becoming a useful, popular tool, ranging from the high-end systems used in the medical profession to the low-end programs teenagers use to surf the web. For business professionals, however, neither extreme is likely to have much appeal, because of cost and functionality limitations. But mid-range programs, such as Dragon NaturallySpeaking, IBM ViaVoice, and even Microsoft Office XP, are increasingly finding their way onto the desks of financial and accounting professionals.
Tangible Benefits
For many users, the initial appeal of speech-recognition systems is faster data input. Assuming one is using a highly accurate program, most users can dictate at 160 words per minute, which is faster than the average typist. In addition, speech-recognition software permits users to create dictation shorthand for frequently used words and phrases. Consequently, speech-recognition can reduce if not eliminate manual transcription costs. Taking things a step further, speech-recognition software makes it possible for a mobile user to dictate into a digital recorder while away from the computer, then upload the recording for conversion to text at a later time.
Speech-recognition systems can also make computers more accessible to those suffering from injuries or disabilities. For example, speech-recognition software can protect computer users from developing repetitive-strain injuries or carpel tunnel syndrome, and help people afflicted with those ailments to work. Similarly, speech-recognition software can help dyslexies overcome many of their difficulties. Finally, people suffering from vision problems such as presbyobia or macular degeneration may find that speech recognition, systems can make word-processing tasks easier. As a result, these systems can help employers comply with the Americans with Disabilities Act and, perhaps, reduce workers compensation claims.
Costs for Hardware and Software
Many users already have adequate computing power. Most speech-recognition programs recommend a Pentium III computer operating...