Trullion
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Trullion
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4.7 out of 5 stars
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Trullion Reviews & Product Details - Page 6

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Trullion Overview

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What is Trullion?

Manual data entry, spreadsheets, and PDFs cost accounting teams valuable time and put them at risk for critical errors. Using AI, The Trullion Platform ensures accuracy and transparency in the automation and streamlining of lease accounting and revenue recognition workflows, eliminating manual errors and speeding up compliance. Leveraging tried and trusted technology, Leases by Trullion is quick to deploy and just as fast to feel at home with, as you focus on what matters most. Connect structured and unstructured data together in one platform by extracting and tagging key data from lease contracts - no matter the format. Add any number of PDF or Excel files with one click and modify lease data at scale, without added work for your team. Trullion keeps you in step with the latest regulatory updates so that you can go to audit with clarity and confidence. With Trullion you can: Upload any number of lease contracts with one click Modify lease data at scale and keep up with the pace of changes Produce accurate lease reports and audit-ready outputs Collaborate in one platform to build transparency Automatically calculate foreign exchange rates in realtime Break down silos and create a 360° view of your financial data. Give auditors permissions-based access to your Journal Entries and Disclosure Reports, and let them trace data right back to the source.

Trullion Details
Product Website
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Languages Supported
English
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Product Description

AI technology for the Accounting world. The Trullion platform extracts PDF contracts and converts them into GAAP & IFRS compliant reports - instantly. This includes Lease Contracts, Vendors, Revenue Recognition and more. Our software helps CFOs & Accounting Firms address emerging standards such as ASC 606 (Revenue Recognition), ASC 842, IFRS 16 & GASB 87 (Lease Accounting) and more. We are the only technology solution in the world that can read contracts and produce 100% compliant journal entries & disclosures. Backed by leaded CFOs & CAOs with SOC 1 & 2 audits from Big 4 firms.

Seller Details
Seller
Trullion
Company Website
Year Founded
2020
HQ Location
New York, NY
Twitter
@Trullion
148 Twitter followers
LinkedIn® Page
www.linkedin.com
100 employees on LinkedIn®
Description

Trullion is a software vendor that specializes in automating and streamlining the accounting and financial reporting processes for businesses. Their platform integrates lease accounting, revenue recognition, and financial reporting within a single solution, helping organizations comply with accounting standards while improving accuracy and efficiency. Trullion leverages advanced technology to simplify complex financial tasks, making it easier for teams to manage their financial obligations and reporting requirements. For more information, visit their website at https://www.trullion.com/.

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Recent Trullion Reviews

Frank Y.
FY
Frank Y.Mid-Market (51-1000 emp.)
4.0 out of 5
"Seamless"
Get the work donde seamlessly, the platform is easy to use
Read more
Verified User
A
Verified UserMid-Market (51-1000 emp.)
4.0 out of 5
"Trullion reduced the headache of manually managing all of our leases."
Trullion has an easy to use interface with a helpful and friendly implementation team. Trullion has streamlined monthly lease journal entries for o...
Read more
ID
Ilyad D.Enterprise (> 1000 emp.)
5.0 out of 5
"Great tool for lease accounting"
Great intuitive tool which streamlines the lease accounting process , saves time and prevents errors. Implementation went well with the assitance o...
Read more
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Trullion Media

Trullion Demo - Contract Upload
Add any number of PDF or Excel lease contracts with one click. Let Trullion take care of the rest.
Trullion Demo - Data Extraction
Leverage AI to extract key data from source documents—names, dates, payments, and more.
Trullion Demo - Audit Trail
Verify and track changes for internal and external stakeholders.
Trullion Demo - Modification Detection
Modify lease data at scale without added work for your team. Keep up with the pace of changing payments, contract terms, and more.
Trullion Demo - Audit-Ready Outputs
Generate 100% auditable Journal Entries and Disclosure Reports. Your source data will always be just a click away.
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Play Trullion Video
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57 Trullion Reviews

4.7 out of 5
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57 Trullion Reviews
4.7 out of 5
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Trullion Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for TrullionQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Seth R.
SR
Accounting/Software Consultant
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Trullion?

I needed GASB 87 accounting help. Thankfully, Smrt has complete support for GASB accounting standards. It serves as a lease database, provides complete journal entries and AI-powered contract extraction. It turned an error-prone process into a streamlined one. Review collected by and hosted on G2.com.

What do you dislike about Trullion?

Nothing to dislike. GASB 87 support has been outstanding and the smrt team was quick to implement GASB 96 when it was announced. Review collected by and hosted on G2.com.

What problems is Trullion solving and how is that benefiting you?

We have quite a few leases and contracts, so having a system that does some automatic analysis is crucial for us. Review collected by and hosted on G2.com.

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Emily A.
EA
Business Development Executive
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Trullion?

the automated lease accounting saves me and my team so much time. it is very unique product for this type of accounting. it is as accurate data as you'll find for products out there, everyone should try it out. Review collected by and hosted on G2.com.

What do you dislike about Trullion?

i haven't come across anything i personally dislike. Review collected by and hosted on G2.com.

What problems is Trullion solving and how is that benefiting you?

lease accounting. Review collected by and hosted on G2.com.

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Verified User in Consumer Goods
UC
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Trullion?

I really have loved using the AI features of this product. It has saved me and my colleagues many hours of work manually extracting data from contracts. Customer support has been super friendly and the UI is clean as well as simple. Review collected by and hosted on G2.com.

What do you dislike about Trullion?

It's been an overall positive experience - looking forward to more features as they grow. Review collected by and hosted on G2.com.

What problems is Trullion solving and how is that benefiting you?

We're making our vendor contract management much more efficient, our data is more centralized and the audit trails make our lives easier. We've been able to comply with ASC842 in a fraction of the time. Review collected by and hosted on G2.com.

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Moshe F.
MF
Financial Controller
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Trullion?

As an accountant I especially appreciate the automation and AI aspects of smrt’s software - it scans your contracts for your and extracts key data for reports. Importantly, it lets managers authorize tagging easily - even multiple authorization rounds are supported. Review collected by and hosted on G2.com.

What do you dislike about Trullion?

Nothing really! The software is well rounded and I haven’t encountered any bugs. The automatic contract data extraction was 95% accurate. Review collected by and hosted on G2.com.

What problems is Trullion solving and how is that benefiting you?

End-to-end automation and audit trail which saves a lot of time and resources. Review collected by and hosted on G2.com.

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Verified User in Telecommunications
UT
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Trullion?

The automatic contract data extraction is really a significant plus over other lease accounting software options I've tried. The UI overall is also quite pleasant to use.‏ Review collected by and hosted on G2.com.

What do you dislike about Trullion?

No significant drawbacks I've encountered yet. Will update if I come across any in the future.‏ Review collected by and hosted on G2.com.

What problems is Trullion solving and how is that benefiting you?

New lease accounting regulations that came in with IFRS 16 and ASC 842 - smrt makes it way easier to comply.‏ Review collected by and hosted on G2.com.

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Verified User in Accounting
UA
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Trullion?

The automatic AI detection works very well! Review collected by and hosted on G2.com.

What do you dislike about Trullion?

Nothing much, really. The software is great. Review collected by and hosted on G2.com.

What problems is Trullion solving and how is that benefiting you?

I've saved dozens of hours managing my operating leases with smrt. It makes ASC 842 compliance relatively straightforward compared to other software solutions I've tried. Review collected by and hosted on G2.com.

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Verified User in Computer Software
UC
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Trullion?

Makes my life much easier in terms of document review. Review collected by and hosted on G2.com.

What do you dislike about Trullion?

Some times the AI does not properly identify all the terms. Review collected by and hosted on G2.com.

What problems is Trullion solving and how is that benefiting you?

Helping us review our leases for new accounting standard impact Review collected by and hosted on G2.com.

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