Trullion
Trullion is an AI-powered accounting platform that automates financial workflows by connecting corporate data like leases and revenue contracts directly to the general ledger for simplified compliance.
Visual Lease
Visual Lease is a centralized lease accounting and management software designed to help you maintain compliance with ASC 842, IFRS 16, and GASB 87 standards while optimizing your real estate portfolio.
Quick Comparison
| Feature | Trullion | Visual Lease |
|---|---|---|
| Website | trullion.com | visuallease.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2019 | 1996 |
| Headquarters | New York, USA | Woodbridge, USA |
Overview
Trullion
Trullion is an AI-driven accounting platform designed to simplify complex financial workflows and ensure your organization stays compliant with global standards. Instead of manually entering data from PDFs and Excel sheets, you can use the platform’s computer vision to automatically extract critical information from leases and revenue contracts. This creates a direct, traceable link from your source documents to the final financial entries, reducing the risk of human error during audits.
You can manage your entire lease portfolio under ASC 842 or IFRS 16 standards and automate revenue recognition processes with ease. The software is built for mid-market and enterprise finance teams who need to accelerate their month-end close while maintaining a bulletproof audit trail. By centralizing your financial data, you gain real-time visibility into your liabilities and revenue streams without the typical manual overhead.
Visual Lease
Visual Lease provides a centralized platform to manage your entire lease portfolio while ensuring you stay compliant with complex accounting standards like ASC 842 and IFRS 16. You can track critical dates, automate financial reporting, and integrate your lease data directly with your existing ERP systems. By consolidating all lease information into a single source of truth, you eliminate manual data entry errors and gain better visibility into your financial obligations.
The platform is built for finance, real estate, and legal teams who need to collaborate on high-stakes lease data. You can manage everything from equipment leases to complex real estate agreements with built-in audit trails and automated workflows. Whether you are preparing for an audit or looking to reduce occupancy costs, the software gives you the tools to make data-driven decisions across your organization.
Overview
Trullion Features
- AI Data Extraction Upload your lease or revenue contracts and let the AI automatically extract key dates, amounts, and clauses for your records.
- ASC 842 & IFRS 16 Compliance Generate compliant disclosure reports and journal entries automatically to meet the latest global lease accounting standards.
- Audit-Ready Trail Click any value in your financial reports to see the exact source text in the original contract for total transparency.
- Revenue Recognition Automate your ASC 606 workflows by linking CRM data and contracts to ensure accurate and timely revenue reporting.
- Automated Journal Entries Sync your accounting schedules directly with your ERP to eliminate manual posting and reduce month-end closing time.
- Centralized Document Library Store all your financial contracts in one searchable location to keep your entire finance team aligned and organized.
Visual Lease Features
- Automated Accounting. Generate journal entries and disclosure reports automatically to meet ASC 842, IFRS 16, and GASB 87 requirements.
- Critical Date Alerts. Receive automated notifications for upcoming renewals, expirations, and rent bumps so you never miss a deadline.
- Centralized Repository. Store all your lease documents and data in one secure location for instant access across your entire team.
- ERP Integrations. Sync your lease financial data directly with your existing accounting systems like Oracle, SAP, and NetSuite.
- Audit Trail Tracking. Maintain a complete history of every change made to your lease data to simplify your annual audit process.
- Ad-Hoc Reporting. Create custom reports on the fly to analyze portfolio performance and identify cost-saving opportunities across your assets.
Pricing Comparison
Trullion Pricing
Visual Lease Pricing
Pros & Cons
Trullion
Pros
- AI extraction significantly reduces manual data entry time
- Direct links between reports and source documents simplify audits
- User interface is modern and more intuitive than legacy tools
- Excellent customer support during the initial implementation phase
Cons
- Initial AI extraction may require manual verification for accuracy
- Pricing is not transparent and requires a sales call
- Learning curve exists for setting up complex revenue workflows
Visual Lease
Pros
- Robust reporting capabilities for complex compliance needs
- Excellent customer support and implementation guidance
- Highly configurable interface to match specific workflows
- Reliable automated alerts for lease milestones
- Strong integration options with major ERP systems
Cons
- Initial setup and data migration takes time
- Learning curve for users new to lease accounting
- Interface can feel dense due to many features