You have to come up with your own version of script sync. There is a third party application that does its best, but it still is only capable of adding markers rather than being able to directly add a transcript to the video.
This is vital for a reality or doc workflow. AVID definitely has Adobe beat on this feature and its very important.
You had something that was somewhat on the right track with Adobe Story, but you got rid of it and didn't replace it with anything. Maybe Adobe Story wasn't the answer, but you've gotta either reboot it or come up with something new and better. It's a major one.
Amanda Smith commented
It is crazy that there is NO way to do this in premiere. Just light years behind if they expect people to cut scripted content on it.
I agree. Adobe story was a step in the right direction and it was scrapped. I would love a similar function/ feature.
I was able to find this alternative but definitely not worth it: