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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.
Provider
Trullion
Located In
United States
Foundation
2018
Open API
Unverified
Deployment
Cloud, SaaS, Web-Based
Training
Documentation, Webinars, Videos, Live Online, In Person
Support
Email/Help Desk, Knowledge Base, FAQs/Forum, Phone Support, 24/7 (Live rep), Chat
Enterprise companies looking to automate their accounting workflows, and accounting firms looking to perform faster, streamlined audits on one platform.
Content Source: Trullion
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Trullion Reviews
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.
"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.
"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.
"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.
"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.
"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.