February 24, 2025
Traditional translation methods were expensive and slow, while basic machine translation lacked the accuracy needed for financial reports. To solve this, the NGO turned to MachineTranslation.com, leveraging an AI Translation Agent with Memory to eliminate repetitive edits, ensure consistency, and cut costs. With multi-engine aggregation, they accessed top AI-generated translations, enabling fast, precise, and cost-effective multilingual communication that strengthened trust with global benefactors.
That’s when they turned to MachineTranslation.com, a cutting-edge AI-powered translation platform backed by Tomedes’ 20+ years of expertise in language solutions. By combining AI translation with human review, they were able to cut costs, maintain translation accuracy, and ensure compliance with international standards.
Let’s dive into how they did it and how you can apply the same strategy to improve your organization’s global communications.
Every organization dealing with multilingual communication faces key challenges. For this NGO, two major issues stood out:
Traditional human translation services can cost anywhere from $0.10–$0.30 per word. When you’re dealing with financial reports that run over 50,000 words, that adds up quickly—anywhere between $5,000–$15,000 per language! With multiple languages required, this was simply unsustainable.
Financial reports must be 100% precise to ensure full transparency with international benefactors. A small error can lead to misunderstandings or even compliance issues. The NGO needed translations in English, French, Spanish, Hebrew, and German, and each version had to meet strict financial terminology standards.
Their goal was to reduce translation costs without compromising accuracy and compliance—a balance that seemed impossible with traditional translation methods.
The NGO explored several AI-powered solutions but found that most lacked the precision and flexibility they needed. That’s when they discovered MachineTranslation.com, a platform designed to tackle exactly this type of challenge. With a free consultation, the team was able to evaluate their needs and develop a cost-effective translation strategy.
Why did they choose MachineTranslation.com?
AI-driven efficiency: Fast translations at a fraction of traditional costs.
Human quality assurance: The ability to refine AI output with expert linguists.
Multi-engine support: Aggregation of translations from the best AI translation engines.
Customization: Tailored translation memory and terminology tools.
To maximize cost savings while ensuring translation accuracy, the NGO implemented a hybrid approach:
Using MachineTranslation.com’s AI-powered translation, they could translate documents up to 80% faster than human-only services. Instead of weeks, translations were completed in days.
The platform aggregates results from multiple AI translation engines, improving accuracy by 25–40% compared to using a single AI tool.
Supports 270+ languages, including those with complex grammar structures.
AI is powerful, but for financial reports, precision is key. Expert linguists reviewed AI-generated translations, correcting over 90% of critical errors and ensuring compliance with international financial regulations. This reduced costs by 50–70% compared to full human translation.
Several key features of MachineTranslation.com significantly enhanced the NGO’s translation workflow. In this section, we will explore its role in translating this financial document from Arabic to Hebrew. You can test the translation yourself here: https://mymt.ai/kk5fp.
Its AI Translation Agent helped refine translations through interactive questions tailored to the document’s content.
Improved contextual accuracy by 30%.
Memory feature for registered users ensured consistency across reports, reducing repetitive edits by 40%.
Financial documents include industry-specific terminology that must be consistent across languages. MachineTranslation.com automatically identifies several key terms per document and provides the best translation options.
Increased term consistency by 35%.
Ensured compliance with global financial standards.
Financial reports are often dense and difficult to edit as a whole. The new segmented bilingual allowed for easier review and fine-tuning.
Side-by-side source and target text comparison reduced review time by 50%.
AI-powered review minimized terminology inconsistencies by up to 45%.
By adopting MachineTranslation.com’s hybrid AI translation model, the NGO saw immediate improvements in efficiency and cost savings.
By replacing traditional human translation with an AI-assisted workflow, costs dropped significantly, freeing up resources for research and outreach.
The use of human review in critical sections ensured that all translated reports met international regulatory and transparency requirements.
Accurate translations led to clearer financial disclosures, increasing trust and transparency with benefactors.
AI-driven translation allowed reports to be completed faster than ever, ensuring timely financial reporting.
If you’re part of an NGO, business, or institution that requires high-quality translations for financial, legal, or technical documents, you don’t need to choose between cost and accuracy. MachineTranslation.com allows you to streamline translations, reduce expenses, and ensure compliance—all in one platform.
AI-powered translation can save you 60% or more on translation costs.
Human review ensures 100% accuracy for compliance-heavy documents.
Customization tools like AI Translation Agent and Key Term Translations improve consistency and precision.
Segmented Bilingual UI makes reviewing and editing faster and easier.
If you’re ready to transform your organization’s translation process, explore MachineTranslation.com today. With the right tools, you can achieve faster, smarter, and more cost-effective translations—without compromising on quality. Start your free consultation now and see the difference AI-powered translation can make!