finance_ops · saas · workflow
Taboola achieves ASC 842 compliance efficiently and accurately with Trullion, saving 36 workdays per year
Taboola's finance team managed lease reporting entirely in Excel — a process described by the VP Finance as a 'nightmare' of endless spreadsheets, back-and-forth number reviews, and high error risk that became critical once the company decided to pursue an IPO and needed to comply with ASC 842.
How it works
Common implementation structure
How this type of workflow is generally built, generalized across documented cases — not tied to any one vendor's stack. Click any stage to read what happens there. Specific products that implement these stages appear in “Tools commonly seen” below.
Stage 1 · Lease paperwork submitted
Paperwork is scanned to begin the end-to-end lease accounting process.
Tools used
TrullionExcel
Outcome
Trullion automated Taboola's ASC 842 lease accounting, saving three full working days per person per quarter and 36 full days of work per year across the team, while giving auditors and finance staff confidence that numbers are accurate and risk is low.
Results
Time savedthree full working days
Volume36 full days
Cost replacedThe risk is low
Grounding & classification
Source type: vendor customer story
26 fields verified against source quotes.
data extractiondocument aicontracthuman review describedmetric backednamed customerproduction runtime claimedtools describedworkflow describedmediacycle time reductionemployee productivityerror reductiontime savedvendor customer storycompliance monitoringcontract managementfinance opsdocument to record