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SmartSoft Invoices VS Amazon Textract

Compare SmartSoft Invoices VS Amazon Textract and see what are their differences

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  3. » Reviews
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SmartSoft Invoices logo SmartSoft Invoices

Extract Data Fields from Scanned or PDF Invoices. Validate. Verify. Transfer to Database.

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.
  • SmartSoft Invoices Landing page
    Landing page //
    2023-12-22

SmartSoft Invoices automates the process of invoice scanning, invoice data extraction and classification. It provides recognition of data on scanned paper or PDF invoices, followed by validation, sorting and archiving to speed up your accounts payable process.

  • Amazon Textract Landing page
    Landing page //
    2023-04-13

SmartSoft Invoices features and specs

No features have been listed yet.

Amazon Textract features and specs

  • Accurate Data Extraction
    Amazon Textract uses machine learning and OCR technologies to provide high accuracy in extracting text and structured data from various document formats.
  • Supports Multiple Formats
    Textract can handle different document types, including PDFs, scanned images, and more, making it versatile for various use cases.
  • Ease of Integration
    Amazon Textract offers APIs that are easy to integrate with other AWS services and external applications, enhancing its usability.
  • Security and Compliance
    Being part of AWS, Textract adheres to robust security and compliance standards, ensuring data protection and privacy.
  • Scalability
    Textract is highly scalable and can process large volumes of documents efficiently, catering to both small businesses and large enterprises.

Possible disadvantages of Amazon Textract

  • Cost
    Amazon Textract can become expensive as the volume of document processing increases, which may be a concern for small businesses with limited budgets.
  • Complexity of Setup
    Though integration is straightforward, initial setup and configuration can be complex, requiring familiarity with AWS services and APIs.
  • Limited Advanced Features
    Textract may lack some advanced features and customization options that are available in more specialized OCR alternatives.
  • Dependency on AWS Ecosystem
    Exclusive reliance on AWS services can be a drawback for organizations that utilize a multi-cloud or hybrid cloud strategy.
  • Quality of Original Documents
    Textract’s accuracy largely depends on the quality of the original documents. Poor quality scans or heavily damaged documents may yield less accurate results.

Analysis of Amazon Textract

Overall verdict

  • Yes, Amazon Textract is generally considered a good service for its intended purposes.

Why this product is good

  • Amazon Textract is effective because it uses advanced machine learning techniques to automatically extract text, handwriting, and data from scanned documents. It is highly accurate, scalable, and integrates well with other AWS services, which makes it convenient for businesses looking to automate document processing.

Recommended for

  • Organizations looking to automate data extraction from large volumes of documents.
  • Companies needing to process forms and tables quickly and accurately.
  • Developers looking for a cloud-based OCR service that integrates with other AWS solutions.
  • Industries such as finance, healthcare, and legal, where document digitization is essential.

SmartSoft Invoices videos

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Smartsoft Invoices

Amazon Textract videos

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Amazon Textract: First Look

More videos:

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

Category Popularity

0-100% (relative to SmartSoft Invoices and Amazon Textract)

SmartSoft Invoices

Amazon Textract

Image Recognition
10 10%
Image Recognition
90% 90
OCR
0 0%
OCR
100% 100
Invoices
100 100%
Invoices
0% 0
OCR API
0 0%
OCR API
100% 100

User comments

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Reviews

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

SmartSoft Invoices Reviews

We have no reviews of SmartSoft Invoices yet.
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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...
Source: www.amplenote.com

Social recommendations and mentions

Based on our record, Amazon Textract seems to be more popular. It has been mentiond 37 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.

SmartSoft Invoices mentions (0)

We have not tracked any mentions of SmartSoft Invoices yet. Tracking of SmartSoft Invoices recommendations started around Dec 2022.

Amazon Textract mentions (37)

  • From PartyRock to Bedrock: AI-Powered Automation at Work
    We were a little concerned that working with documents and Bedrock was going to mean a bunch of effort by using Texttract. I was glad we were proven wrong. I was able to build a quick proof of concept using the Bedrock API in 10 - 15 minutes. - Source: dev.to / 4 months ago
  • Mastering Text Extraction from Multi-Page PDFs Using OCR API: A Step-by-Step Guide
    Amazon Textract is an OCR service provided by Amazon Web Services (AWS), specifically designed to extract text and data from scanned documents and images. It not only recognizes text but also comprehends the document's structure, including tables and forms. This capability makes it especially valuable for applications requiring detailed data extraction, such as invoice processing and form digitization. - Source: dev.to / 11 months ago
  • 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 / about 1 year 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 / over 1 year 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 / over 1 year ago
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What are some alternatives?

When comparing SmartSoft Invoices and Amazon Textract, you can also consider the following products

Xtracta Data Extraction Software - Xtracta provides AI-powered data extraction software and OCR solutions to help your organisation with all kinds of document automation. Enquire now!

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.

Inboard - Inboard is a Mac desktop application that helps organize your images. Perfected workflow

Pen to Print - Pen to Print: Convert handwriting to text created and published by Serendi LTD.

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!

Nanonets OCR - Intelligent text extraction using OCR and deep learning

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