Balance Financial, a financial software and services company, unveiled a new iPhone app today with photo bill pay. Each year 49% of U.S. households pay a bill late because they forgot or were too busy.
Americans are more stressed out than ever before with their finances and struggle to maintain healthy financial habits.
Balance is an alternative to do-it-yourself personal finance software where a professional bookkeeper uses high tech software to manage the financial chores for consumers.
With Balance, a bookkeeper assists with reviewing and paying bills, organizing financial accounts, tracking expenses, maintaining a budget, forecasting cash flow, finding ways to save money and providing personal assistance during setup and with ongoing maintenance of the account.
Their new iPhone app compliments basic web access to Balance and includes a dashboard of activity, ability to contact your bookkeeper, alerts, payment history and photo bill pay.
"The most popular feature of the new app is photo bill pay. If a client of Balance comes home and finds a one-time bill in the mail they can snap a quick picture with their iPhone and our technology will take care of the rest," says Devin Miller, CEO of Balance Financial.
The bill will be sent to the users Balance account for processing and the assigned Personal Bookkeeper will ensure the bill is properly reviewed and processed. Balance software has an integrated image processing component that examines each bill image and automatically files and reviews the bills before payment.
Miller went on to say, "With our new proprietary app, we continue our mission of providing our clients the most convenient, cutting edge technology along with the highest levels of personalized service."
Balance primarily partners with financial advisors, CPAs and professional bookkeepers around the country providing software & services to help them better manage and engage with clients. The new iPhone app is available for $0.99 in the Apple App Store and available for all individuals currently using Balance for bill payment services with Balance directly or through a financial professional.