How quickly a financial translation can be delivered depends on the document’s scope and complexity. Experienced providers can handle express translation within 24–48 hours for a standard-sized quarterly report. For very extensive documents such as annual reports with sustainability reports, longer timescales are required, but with parallel working and effective project management, even large projects can be accelerated significantly compared to normal schedules.
Factors affecting delivery times
The document’s scope measured in words is the fundamental factor, where a quarterly report of 3,000–5,000 words can be translated in 24–48 hours, whilst extensive annual reports of 20,000+ words require 2–3 weeks. Complexity is another factor that affects delivery times. Documents with extensive tables, charts and technical information often require longer timescales. Access to a translation memory is an important factor, as previously translated material can then be reused, saving time. Parallel working where multiple translators and reviewers work simultaneously can substantially reduce delivery times.
Express translation for quarterly reports
For quarterly reports typically containing 3,000-5,000 words, an experienced language consultancy can deliver within 24–48 hours using express handling. This requires an IFRS expert to begin work immediately whilst a second expert reviews translations in parallel as text is completed. An experienced project manager coordinates the project and resolves any queries quickly. The client also needs to plan ahead for rapid validation via an ICR (In Country Review) platform. With proper planning, Swedish and English versions can be published simultaneously despite short lead times.
Planning for rapid deliveries
To enable rapid delivery, companies should contact their translation provider as soon as dates are set for the publication of quarterly reports and annual reports so that resources can be allocated. Share preliminary drafts with your provider at an early stage, so that the translation of standard sections can commence. Communicate expected delivery times to avoid misunderstandings. A language partner with an experienced project management team can offer express handling of a quarterly report within 24-48 hours, flexible capacity, parallel work with multiple experts, proactive communication and guidance on optimal planning. Fluid Translation has extensive and well-documented experience in translating quarterly reports, annual reports and IR materials for listed companies. Read more in our client case studies.