Product/Service

Modified Pricing Matrix

Source: Sten-Tel Transcription
Sten-Tel, a leading digital dictation systems developer and national transcription service provider, announced today that it will modify its dictation systems pricing matrix to
Sten-Tel Transcription leading digital dictation systems developer and national transcription service provider, announced today that it will modify its dictation systems pricing matrix to augment its recently introduced alliance program.

Sten-Tel had previously franchised its system, but recently announced an alliance program to allow independent service providers to utilize Sten-Tel's patented technology to increase efficiency and profitability. The alliance program would also allow independent providers to participate in programs designed to help them leverage market positioning and to compete at the national level without the royalty payment incorporated into the franchise program.

The alliance program has proven extremely effective in bringing independent service providers together to pursue shared business objectives. Consequently, Sten-Tel has decided to increase its focus on the procurement and referral of transcription accounts to its alliance members (one of its alliance programs), and to offer a range of system configurations and prices not previously available, to attract more service providers into the alliance.

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