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Accounting

Thomson Reuters OnBalance Express – 2019 Innovation Award Nominee

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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.

Tracking mileage is simplified with the ‘always on’ mileage tracker feature available in OnBalance Express. OnBalance allows for trips to be logged automatically once the feature is enabled. Moreover, send out email invoices to customers that directly link to credit card payment processing.

Learn more: https://tax.thomsonreuters.com/us/en/onbalance/express

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See all of the winners, finalists and nominees in the 2019 Tax & Accounting Innovation Awards.