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features
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What is Trullion?

Trullion serves as an AI-driven platform designed for accounting oversight, effectively automating data management, simplifying audits, and guaranteeing precise reporting throughout accounting processes. By integrating advanced data infrastructure and AI models, Trullion establishes a comprehensive source of accounting accuracy, complete with specialized modules tailored for various accounting functions. Teams engaged in lease accounting, revenue recognition, and auditing benefit from a customized user interface that ensures their data remains reliable and consistent among all stakeholders involved. Through the use of Trullion, accounting professionals can eliminate monotonous manual tasks—such as analyzing contracts, logging terms, gathering audit data, confirming numerical accuracy, and generating reports. The platform efficiently interprets contracts in Excel or PDF formats and transitions them into structured financial workflows linked to the data source. With its AI capabilities, Trullion identifies and extracts critical information from contracts, producing auditable journal entries in the process. As a result, accounting teams and auditors can operate more swiftly and with greater assurance, while finance leaders can have full confidence in the reported outcomes, all unified by a single, reliable source of truth provided by Trullion. This innovative solution not only enhances efficiency but also fosters collaboration among all financial stakeholders.

What is Lease102?

Lease102 is an innovative lease accounting solution specifically designed to comply with FRS 102 Section 20, enhancing the accounting process through AI-powered data extraction, calculations, journal entries, and disclosure reporting. Targeted at enterprises in the UK and Ireland, this software adheres strictly to FRS 102 principles without adapting them to IFRS 16 standards. Utilizing cutting-edge AI technology, it effectively extracts vital information from lease contracts, significantly reducing the likelihood of errors that may arise from manual data entry. The built-in calculation engine leverages the Bank of England SONIA and ECB €STR rates to determine appropriate discount rates with precision. Moreover, it features a comprehensive seven-year audit trail that logs all changes and calculations related to leases, which boosts transparency and accountability. Other important functionalities include collaboration tools for teams, management capabilities for lease modifications, expiration alerts, multi-currency support, and seamless integration options with ERP systems. Additionally, Lease102 emphasizes security by using AES-256 encryption, TLS 1.3 protocols, and ensuring that data storage complies with UK/EU regulations, thus adhering to GDPR standards and protecting sensitive information. This all-encompassing strategy not only streamlines lease accounting but also strengthens the confidence businesses have in their financial statements, fostering a culture of trust and reliability. Ultimately, Lease102 stands out as a vital tool for organizations striving for efficient and compliant lease management.

Media

Media

Integrations Supported

Microsoft Dynamics 365
Microsoft Excel
Sage 200
Sage 50
Xero

Integrations Supported

Microsoft Dynamics 365
Microsoft Excel
Sage 200
Sage 50
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

from £20 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Trullion

Date Founded

2018

Company Location

United States

Company Website

trullion.com

Company Facts

Organization Name

Lease102

Date Founded

2025

Company Website

lease102.co.uk

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

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