One of the components of PointFire 365 v2.0 is being released as a standalone product, available from the Office Store.
Add PointFire Translator, and in your document menu and in your ribbon you can choose a document and have it machine translated in all of your site's languages. But it doesn't just translate the document, it also translates the text metadata including the title. It also works on pages, list items, calendars, tasks, etc.
Translation quality is quite good. It uses Microsoft's state of the art deep learning powered machine translation. Of course it's always a good idea to edit and approve translations that are created that way.
If you also have PointFire 365, it really shines. It sets PointFire 365's language metadata columns, so list and libraries are immediately filtered according to the user's language and pages are automatically redirected.
Variations are not required, all of this gets done in the same library, and if you're using PointFire 365, at the same URL.
Download it today!