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Trullion

Trullion

Overview

What is Trullion?

Trullion is a powerful SaaS platform designed for enterprise companies and organizations seeking to efficiently comply with ASC 842, IFRS 16, and GASB 87 lease accounting standards. The software utilizes AI technology to automatically detect key information from uploaded PDF or Excel files, dramatically...

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Reviewer Pros & Cons

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Pricing

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What is Trullion?

Trullion is a software company headquartered in Dallas and Israel, that aims to create business transparency by using software to power real-time visibility into company financials and form a single source of truth.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Trullion?

Trullion is a powerful SaaS platform designed for enterprise companies and organizations seeking to efficiently comply with ASC 842, IFRS 16, and GASB 87 lease accounting standards. The software utilizes AI technology to automatically detect key information from uploaded PDF or Excel files, dramatically reducing the time involved in data extraction from hours to minutes.

Trullion's advanced automation of workflows under ASC 842 and IFRS 16 ensures fewer errors and streamlined operations across your organization. With features such as automated bulk upload, unlimited modification support, ERP entries, dynamic reporting tools, and an intuitive user interface at your disposal; you can easily handle even the most complex compliance requirements.

The secure cloud environment is SOC1 and SOC2 audited & backed by reports from Big Four audit firms. Trullion offers cost-effective automation of lease accounting compliance within just thirty days - making it ideal for businesses looking for a comprehensive solution that will deliver consistent results without breaking their budgets.

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Trullion Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(1)

Attribute Ratings

Reviews

(1-1 of 1)
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Score 8 out of 10
Vetted Review
Verified User
Incentivized
Trullion is the keeper of all of our leases for property and equipment. We use Trullion to book out monthly JE's according to ASC 842.
  • One stop shop to hold our lease documents
  • Notifies us when leases are due for renewal
  • Provides our monthly JE's to keep us in accordance with ASC842
  • More automation with the abstracting of the leases
  • More automated messages when something gets added
  • Little more user friendly in the format
Trullion helped us get our leases in order and provide one place to house these. I like the payment schedules for budgeting purposes, this works well.
General Ledger and Configurable Accounting (21)
19.047619047619047%
1.9
Accounts payable
N/A
N/A
Accounts receivable
N/A
N/A
Cash management
N/A
N/A
Bank reconciliation
N/A
N/A
Expense management
N/A
N/A
Time tracking
N/A
N/A
Fixed asset management
N/A
N/A
Multi-currency support
N/A
N/A
Multi-division support
100%
10.0
Regulations compliance
100%
10.0
Electronic tax filing
N/A
N/A
Self-service portal
100%
10.0
Global Financial Support
N/A
N/A
Primary and Secondary Ledgers
N/A
N/A
Intercompany Accounting
N/A
N/A
Localizations
N/A
N/A
Journals and Reconciliations
100%
10.0
Enterprise Accounting
N/A
N/A
Configurable Accounting
N/A
N/A
Centralized Rules Framework
N/A
N/A
Standardized Processes
N/A
N/A
Inventory Management (4)
N/A
N/A
Inventory tracking
N/A
N/A
Automatic reordering
N/A
N/A
Location management
N/A
N/A
Manufacturing module
N/A
N/A
Order Management (7)
N/A
N/A
Pricing
N/A
N/A
Order entry
N/A
N/A
Credit card processing
N/A
N/A
Cost of goods sold
N/A
N/A
Order Orchestration
N/A
N/A
End-to-end order visibility
N/A
N/A
Order exception Resolution
N/A
N/A
Payroll Management (5)
N/A
N/A
Pay calculation
N/A
N/A
Benefit plan administration
N/A
N/A
Direct deposit files
N/A
N/A
Salary revision and increment management
N/A
N/A
Reimbursement management
N/A
N/A
Reporting & Analytics (3)
N/A
N/A
Dashboards
N/A
N/A
Standard reports
N/A
N/A
Custom reports
N/A
N/A
Customization (2)
N/A
N/A
API for custom integration
N/A
N/A
Plug-ins
N/A
N/A
Security (2)
N/A
N/A
Role-based user permissions
N/A
N/A
Single sign-on capability
N/A
N/A
  • The calculation for ASC842 is the major reason we are using Trullion, this works well.
  • The ease of adding new leases is a positive.
  • The idea of having all leases in one spot as opposed to having to search through shared drives and folders.
Trullion was chosen when I started with this company.
The program is user friendly. The reporting function works well with our month end process.
support has been great and always willing to help with any questions.
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