March 13, 2019

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A. BUSINESS

B. PEOPLE

C. RESOURCES

D. CLIENTS AND PARTNERS

E. CERTIFICATIONS

F. INSIGHTS

G. EVENTS

H. MultiLingual News

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Did you know that you can save up to 50% of what you spend on payment operations by automating them? Payment automation is an often overlooked growth factor that can help you claim these unproductive costs back.

While the efficiency of the payment process is often neglected in the early stages, it soon becomes critical. As your LSP business grows, you start working with dozens and then hundreds of freelancers, each completing several jobs a month. Calculating the accruals and effecting payments using the suppliers' preferred methods ultimately forces you to hire a full-time employee just to handle the billing and payout process.

Even then, inefficient billing and payouts quickly become a bottleneck in your workflow or covertly eats your margin. Thus, automation is essential if you want to advance to a level where you can comfortably manage hundreds or thousands of suppliers and customers around the globe.

We built Smartcat Payment Automation based on the experience of our global users. The resulting solution allows you to become more competitive and efficient by enabling:

  1. Payments to all suppliers in one transaction, anywhere in the world.
  2. Cross-border payments at local rates — major regions at $1 or less.
  3. Paperwork cut by 95%.
  4. Guaranteed tax compliance.
  5. Easier supplier onboarding.
  6. Automated cost calculation.
  7. Payment acceptance from clients.

According to our estimates, these improvements allow LSPs to cut their payout spendings by up to 50%. To learn more, visit smartcat.ai/payments.

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A. BUSINESS

A.1. SpanSource launches new website

SpanSource S.R.L, a localization services provider, has launched a new website showcasing an expanded language portfolio and services offering.

SpanSource SRL, www.spansource.com

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A.2. TRANSLIT receives investment funding

TRANSLIT, an Ireland-based language solutions provider, has secured a €500.000 investment deal from private equity firm Clashrock Capital. The company has also acquired Modern Polyglots, a translation and interpreting agency.

TRANSLIT, translit.ie

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A.3. New locations for Transperfect

TransPerfect, a provider of global business services, has announced its two newest office openings: Hartford, Connecticut, and Tampa, Florida. TransPerfect Legal Solutions has announced the expansion of its e-discovery capabilities with the addition of a secure data processing and hosting center and a specialized local client service team in Sydney, Australia.

TransPerfect, www.transperfect.com

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B. PEOPLE

B.1. New hire at Eurotranslate

Eurotranslate, a language services company specialized in medical translation, has hired Svetlana Cvjeticanin as office administrator.

Eurotranslate, eurotranslate.rs

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B.2. CSA Research hires data scientist

CSA Research, an independent market research firm specializing in the language service industry, has hired Paul Daniel O’Mara as director of data products. O’Mara was the managing editor at the American Society for Quality, a knowledge-based global community of quality professionals.

CSA Research, csa-research.com

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C. RESOURCES

C.1. Annual Web Globalization Report Card

Byte Level Research, analyst of the art and science of web globalization, has released its 2019 Web Globalization Report Card analyzing 150 global websites across more than a dozen industry categories. It focuses on websites that have excelled in the practice of web globalization and identifies emerging trends.

Byte Level Research, www.bytelevel.com

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C.2. Report on determining TM ownership

CSA Research, an independent market research firm specializing in the language service industry, has published "Translation Memory in 2019 – Who Should Own It?." Responses to a recent survey motivated revisiting the topic. Enterprises may not always understand the ramifications of translation memory (TM) ownership. Language server providers and freelancers may not be aware of the implications of copyright and intellectual property legislation as applied to translation assets.

CSA Research, csa-research.com

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D. CLIENTS AND PARTNERS

D.1. Wordfast offers KantanMT option

Wordfast LLC, a provider of translation memory software, has updated its Wordfast Anywhere software offering to include KantanMT, a subscription-based machine translation service.

Wordfast LLC, www.wordfast.com

KantanMT, kantanmt.com

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D.2. lexiQA partners with TAIA

lexiQA, an application program interface solution for online linguistic quality assurance, has partnered with TAIA (Translation Artificial Intelligence Assistant), a neural network assistance for translators.

lexiQA, www.lexiqa.net

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E. CERTIFICATIONS

E.1. Trusted Translations ISO 9001:2015 certified

Trusted Translations, Inc., has received certification for the upgraded International Quality System Standard ISO 9001:2015.

Trusted Translations, Inc., www.trustedtranslations.com

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F. INSIGHTS

F.1. What the localization of travel websites can tell us about the future of tourism

We all know that North America, Western Europe and East Asia have long been popular markets for the tourism industry.

To read the rest of these and other web-exclusive, global language industry articles, or to submit your own, click here.

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G. EVENTS

Game Developers Conference, UBM Tech Game Network, San Francisco, California USA. Mar 18- 22, 2019

Wordfast Forward 2019, Wordfast, Sainte-Luce, Martinique. Mar 21-23, 2019

TAUS Global Content Summit New York, TAUS, New York, New York USA. Mar 21, 2019

tekom Frühjahrstagung, tekom, Vienna, Austria. Mar 21-22, 2019

Evaluating Domain-Adaptive Machine Translation, The International Multilingual User Group (IMUG), San Jose, California USA. Mar 21, 2019

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GALA 2019, Globalization and Localization Association (GALA), Munich, Germany. Mar 24-27, 2019

ICLCTS 2019, World Academy of Science, Engineering and Technology, Tokyo, Japan. Mar 25-26, 2019

LATA 2019, Saint Petersburg State University, IRDTA, Saint Petersburg, Russia. Mar 26-29, 2019

Tenth Annual International Translation Conference, Translation and Interpreting Institute, Doha, Qatar. Mar 26-27, 2019

Artificial Intelligence, Machine Translation and Language Processing Symposium, Omniscien Technologies, online. Mar 27-28, 2019

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The Translation and Localization Conference 2019, TLC Conferences, Warsaw, Poland. Mar 29-30, 2019

TAUS Global Content Summit Silicon Valley, TAUS, Menlo Park, California USA. Mar 29, 2019

Third International Congress on Translation and Interpretation, Panamanian Association of Translators and Interpreters, Panama City, Panama. Mar 29-30, 2019

ContentTECH Summit, UBM plc, San Diego, California USA. Apr 8-10, 2019

MadWorld 2019, MadCap Software, Inc., San Diego, California USA. Apr 14-17, 2019

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H. MultiLingual News

H.1. About MultiLingual News

MultiLingual News is a free newsletter featuring the latest news for the language industry. Additional news items are posted to https://multilingual.com/news. You may submit news via our online form. Archives of the newsletter are available online. To reach the readers of this newsletter click here regarding advertising and sponsorship opportunities.

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