Professional Financial Translation Guide
Globalisation of world economies is increasing rapidly and with that increase the demand for professional financial translation services is likely to increase. Companies that expand to foreign markets will also need to translate their financial documents into the market’s language. In this article, we will provide an overview on our financial translation services.
Accurate Financial Translation
Financial documents are an important part of any company. After all, the main point of a business is to make a profit and this can be hard if there are miscommunications between your company and the client. To avoid these miscommunications, we strive to provide our clients with the most accurate translation possible. An error-free translation will particularly help you avoid many miscommunications that could happen.
Moreover, your financial documents are something that needs to be as accurate as possible. The slightest error can result in lost money on either or both sides. Here at Renaissance, we aim to provide all our clients with high quality financial translation. We aspire to put you at ease with the process by letting you know that our team will put you and your project first. Our goal is to provide you with professional financial translation results in a timely manner.
High-Level of Accuracy
There are three main reasons why our translation services are highly accurate. First, our professional translators have at least five years of previous translation experience and must also pass a rigorous translation test. Our expert translators will need a degree in translation to work with us on translation projects. Second is the technology that our team uses to help achieve such high accuracy in our translations. We use software such as SDL Trados and other CAT tools, which contributes to our success. In addition, we are associate members of the Association of Translation Companies (ATC) in England. The ATC helps hold us accountable for our level of accuracy.
The third factor that improves our accuracy is our three-step TEP process. This process stands for translation, editing, and proofreading and is performed by three different professional translators. The first step, translation, is where our team will work to translate your financial documents from one language to another. The next step is editing. The main goal of the editing phase is to ensure that your newly translated material use the right terminology. Of course, you do not want to send out financial documents that your clients cannot easily read.
During this step, our financial translation agency will make sure that any cultural differences have been accounted for. This will also help ensure that the financial document is easily read. The last step, proofreading, is when our team will check the financial document for any grammatical or spelling errors. Together, these three steps are what help us guarantee the best professional financial translation possible.
Cost-Effective Financial Translations
Naturally, your next question will probably be something about the cost of this professional financial translation. And that is an understandable question to have. You will be happy to know that Renaissance offers competitive and reasonable rates on all of our translation services. Long-term clients or clients with particularly large projects will be offered a discounted rate. We have worked with several large clients, including HSBC, Ernest & Young, KPMG, Islamic Development Bank, The World Bank and many others.
With Renaissance, you will be getting high quality financial translation at a price that you will not mind paying. We realise that a business cannot operate without accurate financial translation for reports. We know how important your financial documents are and we strive to deliver the most accurate translation possible. With clearer communication possible through Renaissance, you can begin to grow your professional relationship with your client.
Types of Financial Documents
Here at Renaissance, we come across many different types of financial documents. If you need us to translate financial statements, we can help. Some examples of these statements include profit and loss statements, balance sheets, and accounts receivable/payable. Tax returns and cash and flow statements are also important financial documents that may need to be translated. No matter what type of professional financial translation you need, Renaissance can help!
We also have resources to translate between all languages. If you need a translation from English to Arabic, English to French, Italian to English or Chinese to English, we will have the right translators to meet your needs. Contact our professional project managers to discuss your financial translation project today.
