Trullion AI — AI Accounting Tool
4.8 (from 13
reviews)
Rated #25 in
AI Accounting Tools
What is Trullion AI?
Trullion AI is an accounting automation platform that extracts data from financial documents to simplify lease accounting, audits, and revenue recognition processes. The system helps finance teams comply with standards like ASC 842 and IFRS 16 while reducing manual work and improving accuracy in their accounting workflows.
What sets Trullion AI apart?
Trullion AI distinguishes itself by offering real-time financial insights, allowing CFOs and controllers to make data-driven decisions faster. The platform's collaborative features enable smooth communication between internal finance teams and external auditors, reducing back-and-forth during audits. By automating complex calculations, Trullion AI helps companies minimize errors and focus on strategic financial planning.
Trullion AI Use Cases
- Automate lease accounting
- Streamline revenue recognition
- Enhance audit efficiency
- Extract financial data
Who uses Trullion AI?
Features and Benefits
- AI-Powered Data ExtractionAutomatically extract key details from financial documents and contracts using advanced optical character recognition and computer vision technologies.
- Automated Lease AccountingStreamline lease accounting workflows with AI-driven tools that help maintain compliance with standards like ASC 842 and IFRS 16.
- Intelligent Audit AssistanceEnhance audit efficiency by centralizing financial information and simplifying data requests through AI-powered tools.
- Revenue Recognition AutomationAutomate revenue recognition processes to align with ASC 606 and IFRS 15 standards, reducing manual work and improving accuracy.
- AI-Driven Data ReconciliationAccelerate data matching and reconciliation tasks using rules-based logic and AI technologies to improve accuracy and save time.
Trullion AI Pros and Cons
Pros
- Automates lease accounting processes
- Simplifies ASC 842 compliance
- Provides centralized lease management
- Offers user-friendly interface
- Includes helpful audit trail feature
- Provides responsive customer support
Cons
- Reports processing can be slow for complex leases
- SAP integration could be simpler
- Onboarding process takes time
- Limited customization options for reports
Pricing
Enterprise Price not available
- AI-powered platform
- Lease accounting automation
- Audit efficiency
- Revenue recognition streamlining
- Data extraction
- Data validation
- Data reconciliation
- GenAI capabilities
- Integrations with CRM, billing, and ERP systems