Reliability is more important than low price when it comes to translation because the cost of mistranslations or missed deadlines far exceeds the marginal savings that cheap translations can offer. For companies with mission-critical communications such as annual reports, agreements or investor presentations, the risk of unreliable translation is simply too great.
The cost of errors is high
Mistranslations in financial documents can lead to misunderstandings among investors, which negatively affects the share price and damages a company’s credibility in the capital market. For a listed company, this can mean millions of kronor in lost market value. Mistranslations in contracts can lead to legal disputes with costly consequences. Mistranslations in product information can damage a brand and sales. Compared to these risks, the price difference between cheap and professional translation is negligible.
Missed deadlines damage businesses
For time-critical documents like quarterly reports, punctual delivery is crucial. Listed companies that miss publication deadlines risk reprimands from the Stockholm Stock Exchange and lost investor confidence. A reliable translation provider with experienced project managers and flexible capacity ensures that deadlines are always met. Cheap suppliers without robust processes cannot guarantee punctuality, which creates unacceptable business risks.
Quality builds long-term value
Consistently high-quality translation strengthens a company’s brands internationally and facilitates business expansion. Professionally translated documents position a company as serious and trustworthy. This creates long-term value that far exceeds short-term cost savings. A language partner with extensive experience focuses on quality and value rather than low price and offers ISO-certified system support, specialist expertise, applies the four-eyes principle, ensures punctual delivery and delivers a long-term partnership based on trust. Fluid Translation has over 20 years of experience in professional translation. Learn more about how Fluid ensures reliable, high-quality translation.