SpeechPulse

SpeechPulse is sold for a one-time price rather than a subscription, though the listing's own caveat is that the cost may feel high for some users.

In return you get a speech recognition and transcription tool that types what you say in real time into the apps you already use.

It handles transcription in 99 languages and can translate and generate subtitles.

Offline recognition is the feature to look at if privacy matters, since audio does not have to leave your machine.

Punctuation can be automatic or manual, and AI language models can correct grammar and spelling in the text.

SpeechPulse also supports speaker diarization, which helps when you transcribe conversations with more than one voice.

The catch is hardware.

You need a computer with a microphone, and accuracy depends on the quality of that microphone and how clearly you speak.

A decent headset will matter more than any setting you change in SpeechPulse.