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Trullion unveils new agentic AI assistant

Trullion unveils new agentic AI assistant

Yahoo09-05-2025

Trullion, a provider of AI-powered accounting and audit technology, has launched Trulli, an agentic AI assistant designed to support accountants.
The tool is designed to streamline workflow automation, document analysis, and policy interpretation, addressing the intricacies of accounting tasks, the company claims.
Trulli has been developed to ease the workload for finance professionals who often face the challenge of navigating through dense policy documents and contracts, a process that can be time-consuming and prone to error.
It targets corporate accounting teams and audit firms, offering source-backed, auditable results to minimise manual review and enhance accuracy.
Compared to general-purpose AI tools, Trulli is engineered specifically for accounting and audit tasks.
Trullion CEO and co-founder Isaac Heller said: 'We didn't set out to build a chatbot. We set out to build something useful—something accountants and auditors could rely on to navigate complexity with transparency.'
Heller added: 'Trulli isn't here to replace professionals. It's here to free them from the repetitiveness, so they can focus on what matters most—strategy, analysis, and impact.'
Trained on real financial workflows and standards such as GAAP, IFRS, and audit guidelines, it integrates seamlessly into the Trullion platform.
The assistant enables finance teams to retrieve policy guidance, query files, and extract insights from complex documentation efficiently.
Each response is supported by a complete audit trail, ensuring transparency between AI outputs and source documents, the company added.
The assistant is now available to all Trullion customers across its Lease, Revenue, and Audit modules, with plans to further expand its capabilities.
In September 2024, Trullion unveiled Audit Suite, an AI-powered cloud-based platform aimed at enhancing the accuracy and efficiency of audit processes.
The solution is designed to address the rising complexity of financial reporting and the high incidence of errors among accountants, the company said.
"Trullion unveils new agentic AI assistant" was originally created and published by International Accounting Bulletin, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

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(b) As a result of the Acquisition, the Company recognized an intangible asset for lease arrangements in the amount of $6,310, which when excluding the impacts of IFRS 16, is amortized over the life of the leases and included in SG&A expenses. (c) Represents non-cash share-based compensation expense in respect of our Legacy Equity Incentive Plan, Legacy Employee Option Plan, and Omnibus Equity Incentive Plan. (d) Represents expenses incurred in respect of the Company's efforts to recruit for vacancies in key management positions and severance costs associated with employee separations relating to such positions. (e) Represents non-recurring legal costs that are outside the scope of normal operations. (f) Adjusted EBITDA excludes the impact of IFRS 16. If the impact of IFRS 16 was included for Q1 2025 and Q1 2024, Adjusted EBITDA would have been $(1,723) and $(2,364), respectively. 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Starting from a small cabin in northern Canada, Roots has become a global brand with over 100 corporate retail stores in Canada, two stores in the United States, and an eCommerce platform, We have more than 100 partner-operated stores in Asia, and we also operate a dedicated Roots-branded storefront on in China. We design, market, and sell a broad selection of products in different departments, including women's, men's, children's, and gender-free apparel, leather goods, footwear, and accessories. Our products are built with uncompromising comfort, quality, and style that allows you to feel At Home With NatureTM. We offer products designed to meet life's everyday adventures and provide you with the versatility to live your life to the fullest. We also wholesale through business-to-business channels and license the brand to a select group of licensees selling products to major retailers. Roots Corporation is a Canadian corporation doing business as "Roots". FORWARD-LOOKING INFORMATION Certain information in this press release contains forward-looking information. This information is based on management's reasonable assumptions and beliefs in light of the information currently available to us and is made as of the date of this press release. Actual results and the timing of events may differ materially from those anticipated in the forward-looking information as a result of various factors. Information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. Statements containing forward-looking information are not facts but instead represent management's expectations, estimates and projections regarding future events or circumstances. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements. See "Forward-Looking Information" and "Risk Factors" in the Company's current Annual Information Form for a discussion of the uncertainties, risks and assumptions associated with these statements. Readers are urged to consider the uncertainties, risks and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information. We have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. View source version on Contacts Roots Investor RelationsInvestors@ 1-844-762-2343 For media or partnership inquiries: Nicole LegateDirector of PRnlegate@ 647-828-5128

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