Contract management · Production

Claroty achieves huge time savings in lease management with Trullion AI

The problem

Claroty's Finance team managed a growing lease portfolio across APAC, EMEA, and the U.S. under new ASC 842 standards using manual processes that consumed significant time, created compliance risk, and required examining each lease individually to get a full picture.

First attempt

Before Trullion, Claroty relied on Excel spreadsheets to summarize rent payments and lease terms, which was time-consuming and frustrating.

Workflow diagram · grounded in source
1
Upload multiple contracts
trigger
“They could upload multiple contracts, use Trullion's features to understand accounting treatments”
2
AI scans and extracts lease data
ai_action
“Trullion's AI easily scanned contracts to extract important information like lease terms, payments, start dates, and end dates”
3
Accounting details surfaced
output
“it shows me the specific details I need, like monthly payment schedules and contract terms. This feature is incredibly helpful not just for accounting, but also for analyzing cash flows and forecasting expenses for the next quarter or year”
4
Auditor drill-down sharing
integration
“Sharing information is straightforward too, allowing auditors to drill down into specific data directly from the system”
Reported outcome

With Trullion, the Finance team found their work much less cumbersome; AI-extracted lease data eliminated manual contract review, delivered huge time savings, reduced errors, and simplified the audit process.

Reported metrics
Time and manual worksaved time and eliminated manual work
Time savingshuge time savings
Error ratereduces the chance of errors
Audit process complexitymakes the audit process much simpler
Show all 5 reported metrics
time and manual worksaved time and eliminated manual work
time savingshuge time savings
error ratereduces the chance of errors
audit process complexitymakes the audit process much simpler
work cumbersomenessmuch less cumbersome
Reported stack
TrullionExcel
Source
https://trullion.com/customer-stories/claroty-achieves-90-time-savings-in-lease-management/
Read source ↗

Frequently asked questions

What did this team achieve with this AI workflow?

With Trullion, the Finance team found their work much less cumbersome; AI-extracted lease data eliminated manual contract review, delivered huge time savings, reduced errors, and simplified the audit process.

What tools did this team use?

Trullion, Excel.

What results were reported?

Time and manual work: saved time and eliminated manual work; Time savings: huge time savings; Error rate: reduces the chance of errors; Audit process complexity: makes the audit process much simpler (source-reported, not independently verified).

What failed first in this deployment?

Before Trullion, Claroty relied on Excel spreadsheets to summarize rent payments and lease terms, which was time-consuming and frustrating.

How is this contract management AI workflow structured?

Upload multiple contracts → AI scans and extracts lease data → Accounting details surfaced → Auditor drill-down sharing.

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