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Trullion

Trullion

4.8 (13)
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What is Trullion?

Trullion is an AI-powered SaaS platform that enables organizations to be compliant with ASC 842, IFRS 16 and GASB 87. Easily upload any PDF or Excel file and have AI automatically detect pertinent information for lease accounting. Leverage AI to turn hours of data extraction per lease to minutes! Save time and money with the world's first AI-Powered Lease Accounting Software.

Contract Upload - Add any number of PDF or Excel lease contracts with one click. Let Trullion take care of the rest.
Data Extraction - Leverage AI to extract key data from source documents—names, dates, payments, and more.
Audit Trail - Verify and track changes for internal and external stakeholders.
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.
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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How much is Trullion?

Starting From:
$3000 Per Year
  • No free trial
  • No free version
Pricing Details (Provided by Vendor):
Starting price of $3,000/year. Please contact Trullion directly for additional information.

Trullion Features

What solutions does Trullion provide?

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Trullion Reviews

Showing 5 of 13 reviews
Overall
4.8
Ease of Use
4.8
Customer Service
5.0

Pros

  • At the end of the year everything is prepared for me in a very simple way. Great and helpful customer support team as well.

  • This results in faster reporting and less risk of errors. All reports are easily exportable and I can upload into my accounting system easily.

Cons

  • I guess the least is we be down twice in 3 years little scary but it was short time.

  • The only difficulty we've encountered is what you might expect from any new software tool - getting onboarded takes a while, especially if you need the entire team on the same page.

Most Helpful Reviews for Trullion

Moshe F. avatar
Moshe F.
Financial Controller
Education Management, 51-200 employees
Used the software for: 1-2 years
Overall Rating
5.0
Ease of Use
5.0
Customer Service
5.0
Features
4.0
Value for Money
5.0
Likelihood to Recommend
10/10
Reviewer Source
Source: Capterra
April 17, 2020

"I’m a financial controller - smrt’s contract intelligence software is the best I’ve tried"

Pros: I really enjoyed the automation and AI aspects of smrt’s software - it scans your contracts for you and extracts key data for reports. Importantly, it lets managers authorize tagging easily - even multiple authorization rounds are supported.

Cons: Nothing really! The software is well rounded and I haven’t encountered any bugs. The automatic contract data extraction was 95% accurate.

Mary H.
Owner
Textiles, 11-50 employees
Used the software for: 2+ years
Overall Rating
5.0
Ease of Use
5.0
Customer Service
5.0
Features
5.0
Value for Money
5.0
Likelihood to Recommend
10/10
Reviewer Source
Source: Capterra
December 12, 2020

"Smrt choice"

Overall: From day one they had my back and was all in to get it to fit my need

Pros: The ease of training and route and text messaging is exceptional. Customer support been amazing

Cons: I guess the least is we be down twice in 3 years little scary but it was short time.

Reasons for Choosing Trullion: Light years ahead of them with innovation
Reasons for Switching to Trullion: No growth same old same old
LaShonte G.
Manager - Fixed Assets
Oil & Energy, 1,001-5,000 employees
Used the software for: Less than 6 months
Overall Rating
4.0
Ease of Use
5.0
Customer Service
5.0
Features
4.0
Value for Money
5.0
Likelihood to Recommend
8/10
Reviewer Source
Source: Capterra
May 19, 2023

"Trullion Review"

Overall: The implementation of Trullion was completed smoothly; the best implementation I have seen with a Lease software. I like the ease of use of the software and it simple presentation.

Pros: The system is fairly easy to use even without training.

Cons: The reports section isn't very robust. For monthly account reconciliation, it would be nice to have a Rollforward report which isn't embedded within the Disclosure Report.

Switched From: LeaseQuery
Steven S.
Senior Manager
Accounting, 501-1,000 employees
Used the software for: 6-12 months
Overall Rating
5.0
Ease of Use
5.0
Customer Service
5.0
Features
5.0
Value for Money
5.0
Likelihood to Recommend
10/10
Reviewer Source
Source: Capterra
June 17, 2020

"SMRT does a very good job"

Overall: ASC 842 compliance has been delayed for private companies, but we're still happy we took the time to prepare, since we'll have to comply next year anyway. It's good to have all the infrastructure in place.

Pros: The biggest benefit of smrt is it lets us have all our leases in one centralized place, and analyze them automatically. It's particularly useful for audits because you can go from financial entries directly to the right place in the original contract. smrt meets the regulatory requirements we have to comply with.

Cons: The only difficulty we've encountered is what you might expect from any new software tool - getting onboarded takes a while, especially if you need the entire team on the same page. However, smrt's automatic contract extraction feature made this process much easier than we expected. We just uploaded all our PDF leases and smrt was ready to go.

John S.
Acquisitions and Compliance Manager
Internet, 51-200 employees
Used the software for: Less than 6 months
Overall Rating
4.0
Ease of Use
4.0
Customer Service
5.0
Features
4.0
Likelihood to Recommend
8/10
Reviewer Source
Source: Capterra
May 11, 2023

"Trullion Review"

Overall: Outstanding roll-out support with near instant responses to questions and no hesitation to jump on a zoom-call to demonstrate and train, with recordings saved for later review.

Pros: Initial loading of our data was relatively pain free with the assistance of the Trullion team

Cons: Leases with multiple renewal terms don't function quite like we expected and there are a couple of other minor bugs that are being worked out - overall we're very satisfied.