Rillet ERP
AI-native ERP automating 93% of accounting processes for finance teams.
Executive Summary
Rillet is an AI-native ERP platform, built by accountants for finance teams, designed to automate core accounting functions and enable a "zero-day close" for venture-funded startups and high-growth companies. It provides real-time financial management, accuracy, and decision-ready insights by combining an intelligent general ledger, an AI co-pilot, and deep native integrations. The platform aims to replace legacy ERPs by streamlining operations and offering scalable solutions for multi-entity and multi-currency environments.
Use Cases
- Automating month-end close processes to achieve a 'zero-day close'.
- Managing complex multi-entity and multi-currency operations with real-time consolidation.
- Ensuring GAAP and SaaS-specific compliance, including ASC 606 revenue recognition.
- Generating real-time financial reports and insights for board meetings and investors.
- Streamlining revenue recognition and invoicing workflows for SaaS and usage-based companies.
- Migrating from legacy ERP systems like QuickBooks, Xero, NetSuite, and Sage Intacct.
Features
Visibility
- Real-time Cashflow Dashboard: Provides instant insights into cash position, spend, and collections, crucial for tracking runway and growth.
- Drill-down Dashboards & Cohort Tracking: Offers detailed drill-down capabilities for financial data and tracks retention cohorts for in-depth analysis.
- Automated Board & Investor Reporting: Generates presentation-ready financial summaries in real-time for stakeholders, eliminating manual data compilation.
- SaaS P&L and GAAP Financials: Provides accurate and instant SaaS P&L and GAAP financials directly from the General Ledger.
- Budget vs. Actual Comparisons & Scenario Modeling: Enables comprehensive financial planning and analysis through comparisons and predictive modeling.
Intelligence
- Aura AI Co-Pilot for Automated Close: Reduces month-end close time from weeks to hours by automatically checking errors, suggesting entries, and flagging exceptions.
- AI-Powered Bank Reconciliation: Achieves over 93% auto-matching of transactions, drastically cutting down manual reconciliation efforts.
- Natural Language Queries: Allows finance teams and non-accountants to ask real-world questions and instantly receive answers, reports, or custom dashboards.
- Automated Revenue Recognition (ASC 606): Streamlines revenue recognition, deferred revenue calculations, and contract asset management in compliance with ASC 606.
- Automated Journal Entries & Accruals: Rillet's cloud ledger and embedded AI agents automate 93%+ of manual accounting functions, including journal entries and accruals.
Support
- White-Glove Implementation Service: In-house team of CPAs and ex-auditors handles data migration and setup, minimizing client team involvement.
- Dedicated Customer Support: Responsive and excellent customer support team available for assistance and special requests.
- Rapid Implementation Timelines: Implementation is 4.8x faster than traditional ERPs, completed in weeks, not months, due to proprietary methodology.
- Continuous Product Improvements: Regular updates and enhancements are rolled out, reflecting a commitment to evolving features and addressing feedback.
Technical Specifications
- Architecture
- Cloud-native SaaS, AI-native architecture
- Deployment
- Cloud/SaaS
- Authentication
- SSO, SAML 2.0, MFA, OAuth 2.0 (inferred from API best practices)
- API Available
- Yes
- MCP Server
- No
Infrastructure
- AWS
- Azure
- GCP
AI/ML Stack
- NLP
- Machine Learning
- LLM
Integrations
- Stripe
- Salesforce
- Gusto
- Bill.com
- Brex
Security & Compliance
Certifications: SOC 2 Type II, GDPR
Encryption: AES-256 at rest, TLS 1.3 in transit
Pricing
- Model
- Tiered subscription (Starter, Scale, Enterprise), based on features and complexity
- Starting Price
- Contact sales
- Target Customer
- Venture-funded startups, high-growth companies, mid-market to Enterprise SaaS & AI companies
- Contract Type
- Annual (inferred, common for enterprise SaaS)
- Free Trial
- Yes, Pilot phase available in selected circumstances (credit card required)
About Rillet
Rillet is an AI-native, self-driving ERP platform designed to transform accounting workflows for modern finance teams. It offers a full replacement for legacy ERPs, automating month-end close, revenue recognition, invoicing, and providing powerful GAAP and investor reporting.