For professionals, time is money. That’s why employees are often asked to provide a summarized version of the business reports to higher authorities. So that they can skim it through quickly and familiarize themselves with the key points.
Obviously, creating a summary of length reports is a skillful yet time-consuming task. This is where intelligent summarization tools come into help. These are specifically developed to condense detailed content including reports into summaries without damaging original meaning and context.
In this blog post, we are going to review the top summarizing tools that you can consider using for effortlessly condensing business reports.
Selection Criteria for the Following Summarization Tools
Before heading towards the tool list, we want you to clarify that some tools reviewed in this blog aren’t selected from Google’s first page.
This is because, as professionals we know that webmasters or tool owners use different SEO tactics to manipulate search engine results. During this, most of them completely ignore the fact that they should provide value to the audience.
So, we set our own parameters to research the summarization tools that work the best in generating summaries.
- Operation on Artificial Intelligence or any other technology is preferred
- Summarization accuracy in terms of original meaning and overall quality
- Availability of features
4 Best Summarizing Tools for Quickly Summarizing Business Reports
From our perspective, below are the best tools that professional individuals can try using to quickly create summaries of business reports.
AI Summarizer
Whenever a debate about good summarizing tools starts, AI summarizer is the name that stands out as a brand. It is a freemium AI-powered tool that is capable of concisely condensing detailed business reports within a matter of seconds. For this, it leverages Natural Language Processing (NLP) and Machine Learning (ML) technologies.
Additionally, the tool works on an “Abstractive summarization” approach which means it creates a summary in different yet more appropriate words as compared to input text.
To demonstrate this properly, we summarized a sample business with this tool, and the results are in the screenshot below.
Furthermore, the AI summarizer comes with two modes; one of them is available for free, whereas the second one requires a paid subscription. It also offers a “Summary Length” using which employees can generate summaries of their preferred length.
When it comes to output, it allows users to get a summary either in the form of paragraphs, bullet points, or just the best sentence.
Key Things to Know:
- Two summarizing modes
- Adjustable summary length
- Multiple language support
- Comprehensive output results
- Availability of mobile application
- 3,000-word limit in one go
Pricing:
To meet the needs and budget of a wide audience, there are multiple premium plans available such as Weekly (AI assistant for $3.99), monthly (AI assistant for $6.99), and Yearly (AI assistant for $35.99).
QuillBot
Many of us know QuillBot because of its paraphrasing capabilities but let us tell you that it also offers a good text summarizer. It works on Deep learning technologies to quickly transform lengthy business reports into brief summaries.
This tool also works on abstractive summarization techniques. Although it does not offer any summarizing modes, QuillBot provides a pretty decent feature – the selection of keywords.
Whenever you paste report content in the input box, the tool will analyze it and suggest numerous relevant keywords. You can then select the ones (maximum 5) that you want to be used in the generated summary.
For further ease, QuillBot will also highlight the selected keywords in the output. A screenshot is also attached below for a reference of all this information.
Moreover, QuillBot also provides the option to adjust summary length (short to length) according to personal needs and preferences.
However, there are multiple other things that you should know about this summarizing tool. For example, it allows you to condense up to 600 words in one go. If you sign up as a free user, the limit will be increased to 1,200 words which may not be enough for business professionals.
Key Things to Know:
- Selection of keywords
- Highlights selected keywords in the output results
- Adjustable summary length
- Output in different formats (paragraph, & bullet points)
- Availability of mobile applications and Chrome extensions
- Multiple language support
Pricing:
QuillBot also has multiple plans. The yearly plan costs $4.17/month ($49.95 annually), semi-annual $6.66/month ($39.95 every 6 months), and monthly ($9.95).
Summary Generator
This is yet another excellent AI-based summarizing tool that professionals can consider using to create summaries of business reports. It leverages Large Language Model (LLM) algorithms to quickly and accurately extract important details from the report and then craft a summary using them.
This summarizing tool has two modes; Summarizer, and AI Summarize. Just like other tools mentioned above, this one also comes with a customizable summary length option ranging from short to long.
Regarding features, the Summary generator has a lot to offer. For instance, it allows users to summarize business reports in 8 different languages. Besides this, the tool has a word count limit of 3,000 for free, which we think is more than enough.
It also allows professionals to get summaries either in the form of whole paragraphs or just bullet points. Finally, the summary generator also integrates other useful tools and the option to chat with 24/7 customer support.
Key Things to Know:
- Multiple summarizing modes
- Create summaries of different length
- 3,000-word limit for free users
- Integration of other tools
- Multilingual support
- Live chat support
Pricing:
The Weekly plan of the Summary generator will cost you $4, Monthly $7, and yearly $39.
Scribbr
Finally, we have Scribbr text summarizer which can also come in handy for creating summaries of business reports. It is trained on intelligent algorithms which allows it to quickly transform lengthy content into a concise one by only using the most important points.
The tool does not come up with any summarization modes, but still, it gives the option to generate summaries of different lengths using the “Length Adjuster.”
Just like other tools mentioned on this list, this one also performs “Abstractive” summarization. To demonstrate its working mechanism properly, we condensed some content, and the results Scribbr provided are:
Moreover, the tool also provides built-in functionality for plagiarism detection, paraphrasing, and even AI detection.
Besides this, it provides results both in plain paragraphs and bullet points. Finally, it is a completely free-to-use summarization tool, which is why it only allows users to condense up to 600 words in one go.
Key Things to Know:
- Adjustable summary length
- Integration of other writing functionalities such as plagiarism checking and paraphrasing
- Allows keyword selection that needs to be present in the generated summary
- Comprehensive output results
Pricing:
There is no pricing plan available, this is because Scribbr text summarizer is available for free.
Wrapping Up
Creating summaries of business reports has become a breeze for professional individuals, all thanks to advanced online tools. They quickly comprehend the given content and automatically come up with concise output summaries. In this blog post, we have explained the 4 best summarization tools in complete detail, so that you can pick the one that you think is suitable.
