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Trullion

(4.6)

Claim All AI Tool
Paid Plan - Custom

Platform:

Web

Best for:

Accounting Software for Lease and Revenue Compliance

Free Trial:

Not Available

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AIChief Verdict
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AIChief Rating

(4.6)

Visit Trullion

AIChief’s review of Trullion highlights it as a cutting-edge accounting platform designed to revolutionize how finance teams handle lease and revenue compliance. Combining AI with deep accounting functionality, Trullion transforms static PDFs and Excel files into structured, real-time accounting data—saving countless hours in manual entry and reducing human error. It’s particularly effective for lease accounting under ASC 842 and IFRS 16, offering auditors, controllers, and CFOs the clarity and automation they need. With dynamic audit trails, document scanning, and collaboration features, Trullion delivers unmatched transparency. For companies seeking accounting precision, compliance confidence, and audit-readiness at scale, Trullion is a trusted solution in the finance tech stack.

Features

(4.5)

Accessibility

Trullion is an AI-powered accounting platform built to simplify complex workflows like lease accounting, revenue recognition, and audit preparation. It uses machine learning to scan source documents, extract data, and automatically populate accounting entries in real time�transforming unstructured data into fully auditable financial records. Designed for compliance with ASC 842, IFRS 16, and ASC 606 standards, Trullion allows finance professionals to cut down manual work, reduce risk, and maintain accurate records across departments. With collaborative features and native integrations into ERP systems, Trullion turns financial operations into a streamlined, transparent, and audit-friendly process for modern finance teams.

Trullion Review Summary
Performance Score
A+
Content/Output
Audit-Ready, Real-Time Financial Records
Interface
Professional, Workflow-Focused
AI Technology
  • Document AI
  • NLP
  • Predictive Modeling
Purpose of Tool
Automate lease accounting and revenue recognition
Compatibility
Web-Based Platform
Pricing
Custom pricing based on business requirements

Who is Best for Using Trullion?

  • Finance Controllers: Automate lease schedules and ensure compliance with ASC 842 and IFRS 16 without spreadsheet dependencies.
  • CFOs and Executives: Gain real-time financial visibility and maintain accurate audit trails for strategic decision-making and reporting.
  • Accounting Teams: Replace manual workflows with AI-driven automation to streamline revenue recognition and close books faster.
  • Auditors: Use transparent, traceable financial data and documentation to speed up and improve the accuracy of audit processes.
  • Compliance Officers: Ensure standard-compliant financial records and simplify documentation for regulatory and board-level reporting.
Trullion Key Features
AI-Powered Lease Accounting Automation
Revenue Recognition under ASC 606
PDF and Excel Document Data Extraction
Real-Time Journal Entry Generation
Audit Trail and Source Linking
ASC 842 & IFRS 16 Compliance Tools
Collaborative Workflow Management
ERP Integration (NetSuite, SAP, etc.)
Customizable Dashboards and Reports

Is Trullion Free?

Trullion does not offer a free version. Pricing is customized based on the size, complexity, and regulatory needs of the organization. Custom pricing is available upon request. Interested users can schedule a demo or contact sales for more details.

Trullion Pricing Plans

  • Custom Pricing (Contact Sales): Full access to lease and revenue modules, unlimited users and document processing, ERP and workflow integrations, dedicated onboarding and audit support, compliance configuration for ASC/IFRS standards.

Trullion Pros & Cons

Pros
Converts static documents into structured accounting data
Ensures compliance with ASC 842 and IFRS 16
Drastically reduces manual data entry and reconciliation
Built-in audit trails improve transparency and readiness
Seamlessly integrates with leading ERP platforms
Cons
No free tier for early-stage or small companies
Tailored primarily for mid to large-sized finance teams
Learning curve for those unfamiliar with lease compliance
Pricing only available through custom quotes

FAQs

Does Trullion support both ASC 842 and IFRS 16?

Yes, Trullion is fully equipped to handle lease accounting under both ASC 842 and IFRS 16 standards.

Can I use Trullion to extract lease data from PDFs?

Absolutely. Trullion uses AI to extract structured financial data from PDFs, Excel sheets, and scanned lease documents.

Is Trullion suitable for smaller businesses?

Trullion is optimized for mid-sized to enterprise-level companies that manage complex lease and revenue recognition workflows.

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Editorial Staff

The Editorial Staff at AIChief is a team of Professional Content writers with extensive experience in the field of AI and Marketing. AIChief was Founded in 2023, AIChief has quickly grown to become the largest free AI resource hub in the industry. Stay connected with them on Facebook, Instagram and X for the latest updates.

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