Trullion Audit Automation
Automate audit and lease accounting workflows with AI.
Executive Summary
Trullion Audit Automation is an AI-powered platform designed to streamline and automate audit and lease accounting workflows. It leverages advanced AI and Optical Character Recognition (OCR) to extract, organize, and analyze data from various financial documents, eliminating manual tasks and significantly reducing operational risk. The platform ensures compliance with critical financial regulations such as ASC 842 and IFRS 16, helping organizations stay audit-ready. By providing enhanced data analysis and reporting capabilities, Trullion offers full traceability back to source records, empowering finance teams, controllers, CFOs, and auditors with greater control and agility in financial decision-making.
Use Cases
- Automating lease accounting processes to ensure compliance with ASC 842 and IFRS 16.
- Streamlining audit workflows by extracting and organizing data from financial documents.
- Reducing audit risk and maintaining audit readiness through AI-powered data validation.
- Enhancing financial data analysis and reporting for improved insights and decision-making.
Features
Intelligence
- AI-Powered Data Extraction: Automatically extracts and organizes data from financial documents using advanced AI and OCR technologies.
- Automated Compliance: Ensures adherence to complex lease accounting standards like ASC 842 and IFRS 16 through automated workflows and data validation.
- Audit Risk Reduction: Identifies and mitigates audit risks by providing full traceability to source records and maintaining continuous audit readiness.
Support
- Onboarding Support: Assistance with initial setup and integration to ensure a smooth and efficient implementation process.
Technical Specifications
- Architecture
- Scalable backend architecture supporting open APIs, background jobs, data pipelines, and robust database modeling (SQL/NoSQL) for high performance.
- Deployment
- SaaS
- API Available
- Yes
AI/ML Stack
- AI
- OCR
Security & Compliance
Certifications: SOC 2, ISO 27001, GDPR
Encryption: Data encryption for stored data and data in transit, ensuring privacy and security.
Pricing
- Model
- Contact sales
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
About Trullion
Trullion provides AI-driven automation for accounting teams, extracting data from contracts and financial documents to streamline bookkeeping, audit, and financial reporting workflows. Their platform connects document intelligence with accounting systems to reduce manual data entry and improve accuracy for finance and accounting professionals.