Software Alternatives, Accelerators & Startups

Amazon Textract VS Online Procurement

Compare Amazon Textract VS Online Procurement and see what are their differences

Amazon Textract logo Amazon Textract

Easily extract text and data from virtually any document using Amazon Textract. Textract goes beyond simple optical character recognition (OCR) to also identify the contents of fields in forms and information stored in tables.

Online Procurement logo Online Procurement

Achieve effective procurement transformation with Online Procurement, the easy-to-use software solution that streamlines and optimizes purchasing and supplier management processes through automation and advanced analytics.
  • Amazon Textract Landing page
    Landing page //
    2023-04-13
  • Online Procurement Landing page
    Landing page //
    2023-02-07

Online Procurement is the flexible, easy-to-use e-procurement suite for managing suppliers and streamlining corporate purchasing processes. The platform's modules enable you to simplify order management, gain real-time control over spend, plan purchases strategically, select and manage suppliers more efficiently, create and archive contracts, evaluate performance and align with suppliers on ESG goals, monitor invoices and payments, and mitigate risk through greater standardization of processes and contracts. Online Procurement modules are on-demand and fully integrated with enterprise management systems such as ERPs. The platform is delivered in SaaS mode, ensuring the highest level of information protection, certified by international standards including ISO 9001 and ISO 27001. High-level SLAs and guaranteed 99.996% uptime. No IT resources are required on your end.

Key Features: - Custom supplier onboarding and qualification - Efficient supplier collaboration - Quick and easy supplier sourcing - Supplier performance and ESG scorecards - Create sourcing events and compare proposals - Multiple negotiation and award types available - Buy from a customized e-catalog - Compliant contract management - Monitor spending in real-time - Strategic budgeting aligned with business goals - Streamline the payment approval process - Risk management and mitigation - ERP software integration available

Amazon Textract features and specs

No features have been listed yet.

Online Procurement features and specs

  • Supplier Management: Yes
  • e-Sourcing: Yes
  • e-Catalog: Yes
  • Strategic Purchasing: Yes
  • Content Management: Yes
  • Invoice Management: Yes
  • ERP Integration: Yes
  • Purchase Requests: Yes
  • Purchase Orders: Yes
  • Approval Workflow: Yes
  • Budget Management: Yes
  • Reporting: Yes
  • Spend Management: Yes

Amazon Textract videos

Amazon Textract: First Look

More videos:

  • Review - AWS re:Invent 2018 – Announcing Amazon Textract
  • Review - Introducing Amazon Textract: Now in Preview

Online Procurement videos

Online Procurement | Procurement Software for Suppliers and Spend Management

Category Popularity

0-100% (relative to Amazon Textract and Online Procurement)
OCR
100 100%
0% 0
Procurement Management
0 0%
100% 100
Image Recognition
100 100%
0% 0
Procurement
0 0%
100% 100

Questions and Answers

As answered by people managing Amazon Textract and Online Procurement.

How would you describe your primary audience?

Online Procurement's answer:

Purchasing managers, procurement officers, CPO, buyers, category managers

Who are some of the biggest customers of your product?

Online Procurement's answer:

JSW Italy Ecogest Dussmann

User comments

Share your experience with using Amazon Textract and Online Procurement. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Amazon Textract and Online Procurement

Amazon Textract Reviews

2019 Examples to Compare OCR Services: Amazon Textract/Rekognition vs Google Vision vs Microsoft Cognitive Services
Pricing: Amazon Rekognition, Amazon Textract, Google, Microsoft. We don't really care which one you use, but Microsoft did best by our sample data. Textract was a very close second if you only need its headline feature: extracting text from digital documents. If someone wants to email bill -at- amplenote.com with comparable data for other images/services, I can try to...

Online Procurement Reviews

We have no reviews of Online Procurement yet.
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Social recommendations and mentions

Based on our record, Amazon Textract seems to be more popular. It has been mentiond 35 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Amazon Textract mentions (35)

  • Ask HN: How to OCR a PDF and preserve whitespace?
    Did you try textract? https://aws.amazon.com/textract/ In my experience it works amazingly well with columns / tabulated content. - Source: Hacker News / 22 days ago
  • Classifying and Extracting Data using Amazon Textract
    Amazon Textract has an Analyze Lending API for evaluating and categorizing the documents contained in mortgage loan application packages, as well as extracting the data they contain. The new API can assist in processing applications quicker and with minimal errors, therefore improving the end-customer experience and lowering operational costs. - Source: dev.to / 5 months ago
  • Ask HN: OCR for 100 year old (German) handwritten cursive script?
    You could try something like https://aws.amazon.com/textract/ or https://cloud.google.com/vision/docs/handwriting. Both have support for modern handwriting. I don't know if it will work with a script written a century ago though. - Source: Hacker News / 6 months ago
  • Deploy and Test AWS Step Functions with Node.js
    Create a main.js file inside the look-for-github-profile-step project folder. Implement the code that parses the resume and plucks the GitHub profile URL. This step function is responsible for using Textract (an AI service from AWS) and passing state back to the state machine. - Source: dev.to / 9 months ago
  • Automate invoice processing using AWS Textract
    The primary challenge in processing invoices is extracting the relevant data. This is where Amazon Textract can help. It is a service provided by Amazon Web Services (AWS) that uses advanced Machine Learning (ML) algorithms to automatically extract structured and unstructured data from scanned documents, images, and PDF files. It can detect typed and handwritten text in different types of documents including... - Source: dev.to / 10 months ago
View more

Online Procurement mentions (0)

We have not tracked any mentions of Online Procurement yet. Tracking of Online Procurement recommendations started around Aug 2021.

What are some alternatives?

When comparing Amazon Textract and Online Procurement, you can also consider the following products

DocParser - Extract data from PDF files & automate your workflow with our reliable document parsing software. Convert PDF files to Excel, JSON or update apps with webhooks.

Procoto - Procurement software for SMB

Nanonets OCR - Intelligent text extraction using OCR and deep learning

Jaggaer - Jaggaer is the world's greatest spend management company that enhances cloud-based business automation software solutions.

ABBYY FineReader - ABBYY's latest PDF editor software, FineReader 16 you can easily convert files like PDF to Excel, PDF to Word, edit, share, collaborate & more with this PDF editor!

Sastrify - Sastrify is a leading SaaS Spend Management and Procurement Software. We discover, manage your SaaS licenses and negotiate the best prices on the market saving you 30% or more on your SaaS Stack.