Trullion
Trullion is a computer program that uses artificial intelligence to make accounting tasks easier for businesses. It can help with recognizing revenue, managing leases, and organizing audits. Many different types of businesses use it, such as public companies, private companies, and nonprofits.
Here are some of the main characteristics of Trullion:
- Automated revenue recognition: Trullion helps businesses automate how they recognize revenue. This makes it easier for them to follow accounting rules and feel sure they are doing things correctly.
- Lease accounting: Trullion can assist businesses in following ASC 842, the latest lease accounting rule.
- Audit: Trullion can assist businesses in getting ready for audits by offering a central place to store all financial information.
- Dashboards: Trullion offers dashboards that show businesses how well they are doing financially in real-time.
- AI: Trullion uses artificial intelligence (AI) to make tasks automatic and find possible dangers.
- Improves accuracy: Trullion can assist businesses in making their accounting more accurate by automating tasks and detecting possible risks. This can help companies to prevent mistakes and penalties.
- Reduces costs: Trullion can assist businesses in cutting costs by automating tasks and giving staff more time. This can help businesses save money on their accounting department.
- Improves compliance: Trullion can assist businesses in following accounting rules better by automating how they recognize revenue and keeping all financial information in one place. This can assist businesses in preventing fines and penalties.
- Increases efficiency: Trullion can assist businesses in making their accounting processes more efficient by automating tasks and offering up-to-date information on their financial performance. This can assist businesses in making better choices and enhancing their profits.
