OnBalance is a free iPhone app developed by Thomson Reuters that offers a range of features to help businesses manage their finances and improve productivity. With OnBalance, users can easily record, categorize, and separate business transactions. They can also input transactions and attach receipts for reference.

One of the standout features of OnBalance is its advanced optical character recognition (OCR) technology. This allows users to capture and recognize data from their receipts, automatically populating their expense transactions and reducing the need for manual data entry. This feature not only saves time but also helps ensure accuracy.

OnBalance provides real-time dashboards that allow users to track graphical trends in their business, such as expense summaries and cash flow, as well as bank account and credit card balances. These dashboards provide valuable insights into the financial health of the business and help users make informed decisions.

Furthermore, OnBalance simplifies tax preparation by seamlessly integrating data with Thomson Reuters' Accounting software packages. This streamlines the process and ensures that data is easily accessible for accountants.

With OnBalance, users can access their financial data anytime, anywhere. This flexibility allows for greater convenience and efficiency in managing finances on the go.

Overall, OnBalance is a powerful business and productivity app that offers a wide range of features to help businesses streamline their financial management processes. Its intuitive interface and advanced OCR technology make it a valuable tool for businesses of all sizes.