Trullion
AI Meets Accounting
Description
Trullion is an AI-powered platform designed to transform accounting and audit processes. It addresses the evolving needs of finance professionals by automating workflows, enhancing accuracy, and ensuring compliance with financial standards. The platform utilizes advanced AI capabilities, including data extraction from unstructured documents like PDFs, data validation for consistency, automated data reconciliation, and Generative AI for providing instant answers to complex financial queries and offering strategic advice.
Specifically tailored for finance, accounting, and audit teams, Trullion simplifies complex tasks associated with lease accounting (ASC 842, IFRS 16), revenue recognition (ASC 606, IFRS 15), and financial audits. It integrates with existing financial systems like ERPs and CRMs, allowing teams to work more efficiently, reduce manual errors, and gain confidence in their financial reporting. The platform aims to provide flawless financial oversight and smarter reporting capabilities, freeing up time for strategic activities.
Key Features
- Data Extraction: Leverages AI and computer vision to transform unstructured data (e.g., PDFs) into structured formats.
- Data Validation: Enhances data integrity using mathematical checks, version comparison, and discrepancy highlighting.
- Data Reconciliation: Automates manual matching exercises like vouching and tracing with rules-based logic.
- GenAI Capabilities: Analyzes financial documents, answers complex queries, and advises on compliance standards.
- Lease Accounting Automation: Automates lease contract extraction, accounting workflows, and ensures compliance (IFRS 16, ASC 842).
- Audit Automation: Provides a multi-client AI toolset for faster, error-reduced audits.
- Revenue Recognition Streamlining: Helps report revenue accurately and stay compliant with ASC 606 and IFRS 15.
- Workflow Automation: Streamlines day-to-day accounting tasks for speed and accuracy.
- Integration Capabilities: Connects with CRM, billing, ERP systems, and syncs unstructured data.
Use Cases
- Automating lease accounting workflows and compliance (ASC 842, IFRS 16).
- Streamlining revenue recognition processes and compliance (ASC 606, IFRS 15).
- Performing efficient and accurate financial audits for firms.
- Extracting and structuring data from financial contracts and PDFs.
- Validating financial data across multiple documents for consistency.
- Automating data reconciliation tasks like vouching and tracing.
- Obtaining AI-driven answers to complex accounting and compliance questions.
- Ensuring adherence to evolving financial reporting standards.
- Improving efficiency for finance and accounting teams.
- Enhancing accuracy in financial reporting and reducing errors.
You Might Also Like
WireGen.ai
PaidGenerate UI Wireframes Instantly with AI
Careerflow.ai
FreemiumLand your dream job. Without the stress.
Sonar
Contact for PricingSmarter Salesforce Operations. Reduced Security Risk.
Laminar
FreemiumThe open-source platform for tracing and evaluating AI applications.
AnkiDecks
FreemiumThe #1 AI Flashcards Maker for Students