AI note-takers are changing the way professionals handle meetings. They transcribe conversations, summarize key points, and streamline follow-ups. But not all AI tools are built the same.
For finance professionals, security is everything. Sensitive data can’t be shared with just any platform. That’s why choosing the right AI note-taker matters.
Otter AI and Fathom are two of the most popular options. Both offer automatic transcription and meeting insights. But how do they compare? And which one is the better choice?
Let’s break it down.
Otter AI is a popular tool for transcribing meetings and capturing conversations in real time. It’s widely used across industries for its ease of use and handy features.
Otter AI helps teams stay organized by generating summaries and highlighting key points automatically. Its mobile-friendly design makes it a great choice for professionals on the go. Let’s take a closer look at what it offers.
Otter AI creates summaries of meetings, highlighting key points and action items. This makes it easier to review discussions without replaying the entire recording.
With live transcription, Otter captures spoken words as they happen. You can follow along in real time, which helps with accuracy and quick decision-making.
Otter includes a chatbot that helps users find information within transcripts. You can ask questions, and the bot will point you to relevant sections of the meeting.
Otter works on both iOS and Android devices. You can join meetings, review notes, and access transcripts on the go.
Otter offers AI-powered channels to organize conversations by topic or project. This makes it easier to keep track of ongoing discussions and reference past meetings.
Fathom is another AI-powered note-taker designed to simplify meeting documentation. It helps users capture key insights, sync data with other tools, and organize call records efficiently.
Fathom is widely used by professionals who need a structured way to manage meetings. Its automation features save time by summarizing discussions and organizing notes effortlessly. Here’s what it offers.
Fathom automatically generates a summary after each meeting. It highlights important points, decisions, and action items, making follow-ups easier.
Fathom integrates with popular CRMs, allowing meeting notes and summaries to sync instantly. This helps sales and finance teams keep track of important client conversations.
Fathom provides real-time transcription, ensuring no details are missed. Users can review and search transcripts for specific information whenever needed.
Fathom stores all recorded calls in one place, making it easy to revisit past discussions. You can categorize and organize meetings for quick access.
Fathom includes an AI assistant that answers questions about past meetings. Instead of searching through transcripts manually, users can ask Fathom for key details.
Otter AI
Fathom
Best For
Small teams and individuals
Small teams and individuals
Live transcription
Yes
Yes
Language support
English, Spanish, French
28 languages
Integrations
Limited
Extensive
Transcription minutes in free plan
300
unlimited
Supported Platforms
Google Meet, Zoom, and Microsoft Teams
Google Meet, Zoom, and Microsoft Teams
File Storage
Unlimited
Unlimited
Both Otter AI and Fathom offer solid meeting transcription and AI-powered summaries, but they cater to different needs. Here’s how they stack up.
Fathom is a great option if you need a chatbot to help you find key details from past meetings. It also works well for multinational teams, supporting 28 languages. Plus, it integrates with various CRMs and business tools, making it useful for organizations that rely on seamless data sharing.
However, Fathom may not be the best choice if privacy is a concern. It records both audio and video, which could be an issue for sensitive discussions. It also requires an internet connection for real-time transcription and lacks the advanced AI capabilities of tools like ChatGPT.
Otter AI is ideal for those who need highly accurate, real-time transcription. It’s also a strong choice for professionals who work on the go, thanks to its reliable mobile apps. Like Fathom, it integrates with various business tools, helping teams stay organized.
On the downside, Otter AI may struggle with accuracy when multiple speakers have different accents. It also requires an internet connection for live transcription and doesn’t offer deep AI-driven insights after meetings.
If you prioritize integrations and language support, Fathom might be the better fit. But if real-time accuracy and mobile accessibility are more important, Otter AI is the way to go.
Choosing the right AI note-taker depends on your needs. Otter AI is great for real-time transcription and mobile access. Fathom offers CRM integrations and AI-powered summaries. But both come with privacy concerns that might not suit professionals handling sensitive financial data.
If security is your top priority, Knapsack is the smarter choice. It keeps your meetings private, automates follow-ups, and ensures your data stays protected—without inserting bots or recording video.
Looking for a secure AI note-taker? Try Knapsack today.
How Knapsack Helps With Private Meeting Transcription
Secure your conversations with Knapsack's private meeting transcription. AI-powered accuracy, privacy-first approach. Try now.
AI for Personalized Financial Advice
Explore how AI for personalized financial advice tailors investment strategies, enhances decision-making, and improves client satisfaction.
How is Generative AI Changing Finance?
Discover how generative AI in finance is transforming decision-making, improving efficiency, and enhancing financial services.