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 |
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| 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.
