Case Study: Taboola achieves ASC 842 compliance efficiently with Trullion

How Taboola Achieved ASC 842 Compliance Efficiently & Accurately with Trullion

Taboola, a public advertising and technology company with 18 offices worldwide, was managing lease accounting for roughly 25 leases using Excel before working with Trullion. The finance team found the process extremely manual, time-consuming, and risky, with endless spreadsheets, repeated reviews, and a high potential for error as they worked toward ASC 842 compliance.

Trullion provided Taboola with an AI-powered lease accounting platform to automate ASC 842 reporting for existing contracts, new contracts, terminations, and acquired companies’ leases. With Trullion, Taboola streamlined its close process, improved reporting accuracy, reduced risk, and saved three full working days per person per quarter—adding up to 36 days saved per year across three users.

Taboola

Yaron Kaneti

Vice President Finance