As we step into the new year, Trullion is introducing a range of product enhancements released in 2024 to make workflows smoother, improve visibility, and simplify compliance. With advanced IFRS 16 support, enhanced lease administration tools, and smarter AI-driven data extraction, accounting teams are ready to stay ahead. Learn more about the features supporting your goals in the sections below.
Leases
Human-oriented AI enhancements
At Trullion, we strive to make AI interactions more intuitive and user-centric. Here’s how:
- Guided insights: When data extraction is inconclusive, Trullion will link you to potential document areas for enhanced clarity.
- Multiple annotations for additional context: Users can now view multiple annotations for a field if it relates to more than one area in the document, offering a nuanced, human-like approach to complex data.
- Collaborative accuracy: A feedback system empowers users to refine AI outputs, making it a true partner.
New lease administration capabilities
Trullion now offers robust lease administration tools, making it an end-to-end solution for lease accounting. Key features include:
- Payment reports: Easily generate lease portfolio payment reports for upload to payment processing systems.
- Vendor management: Simplify vendor management with an automated vendor library fully integrated into the app.
Seamless IFRS 16 compliance
Trullion has expanded its capabilities to support IFRS 16 lessor finance contracts. This update enables users to efficiently manage compliance while providing a smooth experience for handling lessor contracts.
Infrastructure
Improved user management
- Team spaces for better control: Organize and cluster workspaces under a single point for better control and visibility.
- Simplified user roles: User roles have been streamlined by merging “Team Members” and “Guests” into a single category for non-organization users. Enjoy easier management with customizable permissions.
Integrations for effortless workflows
Trullion’s Netsuite and Secure File Transfer Protocol (SFTP) integrations automate journal entry postings and exporting contracts data from Trullion to your desired system of choice.
Centralized templates hub
The new ‘Templates Center’ simplifies template sharing and standardization. Categorize templates by client, industry, or team. Share existing templates, propose new ones, and track usage and adoption with built-in analytics.
Audit
Smarter test logic automation
Create test logic in seconds with Data Match’s streamlined workflow. Trullion identifies and creates matches based on relevant conditions in your uploaded documents, saving you valuable time.
Introducing the new Usage Dashboard
Gain real-time insights into how your team is using the Audit Suite with our new Usage Dashboard. Access detailed metrics on user activity, track usage trends, and identify your most active users—all from a single, centralized view.
Advanced Extraction in Data Match
Data Match now features enhanced extraction capabilities. Using updated GenAI technology, you can create custom prompts for precise data retrieval. Instead of relying on predefined rules (e.g., “before” or “after” specific text), request the exact data you need with free-text prompts. The system instantly retrieves the relevant information, simplifying complex data extraction.
Want to learn more about these features? Book a demo today!
