Thomson Reuters OnBalance Express – 2019 Innovation Award Nominee

OnBalance Express is a cloud-based accounting application that helps small business owners run their businesses from anywhere with ease. The web and mobile app combine the accessibility and security of cloud accounting while simplifying customer tracking, vendor tracking, invoicing, online payments, expense tracking, banking, and reporting, with its innovative dashboard design.

OnBalance Express has been designed to make it easy for businesses to maintain their day-to-day accounting activities while providing accountants with real-time access to critical data for proactive client engagement and guidance.

Using optical character recognition (OCR) technology, the OnBalance Express mobile app makes logging expenses as easy as taking a picture. The mobile OCR feature locates critical pieces of information from receipts and logs the expenses automatically. With support for more than 1,000 financial institutions, the live bank feeds functionality brings in transactions pre-categorized to reduce tedious data entry tasks.