Trullion
AI-powered accounting automation for audit-ready finance teams.
Executive Summary
Trullion is an AI-powered accounting platform that automates financial workflows for accounting and audit teams, specializing in lease accounting (ASC 842, IFRS 16, GASB 87, FRS 102) and revenue recognition (ASC 606, IFRS 15) compliance. It enables finance professionals to eliminate manual tasks, reduce risk, and stay audit-ready by extracting, validating, and reconciling data from various financial documents using advanced AI, including OCR and generative AI. The platform provides real-time insights, auditable outputs, and streamlines complex accounting processes for enhanced accuracy and efficiency.
Use Cases
- ASC 842, IFRS 16, GASB 87, FRS 102 Lease Accounting Compliance
- ASC 606 and IFRS 15 Revenue Recognition Compliance
- Automated Audit Fieldwork and Financial Statement Validation
- Data Extraction and Reconciliation from Unstructured Documents
- Real-time Lease Modification Management
- Internal Audit and Transaction Vouching
Features
Visibility
- Real-time Financial Visibility: Provides a single source of truth and real-time visibility into financial data and processes.
- Source-based Audit Trail: Automatically logs detailed data and tracks changes back to the original source document for full traceability.
- Discrepancy Highlighting: Identifies and visually marks inconsistencies and errors across financial documents, versions, and prior periods.
- Version and Prior Year Comparison: Allows comparison of changes between different versions of financial statements and validation against prior year numbers.
Intelligence
- AI-Powered Data Extraction: Utilizes highly accurate OCR and advanced AI to extract structured, Excel-ready data from various unstructured documents like PDFs and complex contracts.
- Automated Lease Accounting Calculations: Automates complex lease accounting calculations, including integrated IBR calculation leveraging Alvarez & Marsal's engine, and real-time modification detection.
- AI-Driven Data Matching & Validation: Automatically matches and validates data against source documents, prior periods, and system records for vouching, tracing, and reconciliation.
- Trulli AI Chatbot: A generative AI chatbot that answers finance questions, extracts insights, and simplifies compliance, grounded in user data with source-backed answers.
- Automated Journal Entries: Generates accurate and auditable journal entries for lease accounting and revenue recognition, streamlining financial reporting.
Support
- Real-time Collaboration: Enables multiple users to work simultaneously, share templates, tag colleagues, and customize review processes for seamless teamwork.
- ERP System Integration: Seamlessly integrates with existing ERP systems (e.g., NetSuite, Salesforce CRM) for a smooth flow of information and reduced duplicate data entry.
- User-Friendly Interface: Designed with intuitive navigation and clear visuals, Trullion ensures that users can quickly learn and efficiently use the software without extensive training.
Technical Specifications
- Architecture
- Cloud-native SaaS, AI-powered platform
- Deployment
- Cloud/SaaS
- Authentication
- SSO, SAML 2.0, MFA
- API Available
- Yes
- MCP Server
- No
AI/ML Stack
- NLP
- Machine Learning
- Computer Vision
- LLM
Integrations
- NetSuite
- SAP
- Oracle
- Microsoft Dynamics
- Yardi
Security & Compliance
Certifications: SOC 2 Type II, GDPR, HIPAA
Encryption: Industry-standard encryption for data at rest and in transit
Pricing
- Model
- Custom enterprise
- Starting Price
- Contact sales
- Target Customer
- Mid-market to Enterprise
- Contract Type
- Annual
- Free Trial
- No (credit card required)
About Trullion
Trullion provides AI-driven automation for accounting teams, extracting data from contracts and financial documents to streamline bookkeeping, audit, and financial reporting workflows. Their platform connects document intelligence with accounting systems to reduce manual data entry and improve accuracy for finance and accounting professionals.