Trullion
by Trullion · Revenue Recognition
AI-powered revenue recognition and lease accounting for finance and audit teams
- Works with
- NetSuite, SAP, Salesforce
- Deployment
- Cloud
- Company size
- Mid-market, Enterprise
- Pricing
- Subscription, quote-based
- Founded
- 2019
- Headquarters
- New York, NY, USA
Overview
Trullion is an AI-powered accounting platform that automates revenue recognition, lease accounting, and audit workflows for corporate finance teams, controllers, CFOs, and external audit firms. The platform extracts accounting-relevant data directly from source documents (contracts, leases, billing records) using AI trained on accounting terminology, then turns that data into structured, auditable records with full traceability back to the original source. Its revenue assurance module supports ASC 606 and IFRS 15, while its lease module supports ASC 842, IFRS 16, GASB 87, and FRS 102.
For revenue recognition, Trullion ingests revenue contracts and extracts performance obligations, renewals, pricing, and revenue-impacting clauses, then validates those terms against data held in CRM, billing, and ERP systems and flags inconsistencies. The workflow generates journal entries, disclosure reports, and waterfall/advanced reporting, and pushes validated entries back to the ERP. The revenue module is wired around Salesforce CRM and NetSuite ERP and was initially rolled out for selected verticals such as software. Trullion positions its AI as "auditable" rather than black-box, emphasizing that every output traces back to a source document so it can withstand audit scrutiny.
The broader platform includes an agentic AI assistant called Trulli that summarizes and analyzes contract data through natural-language queries, plus modules for internal and external audit (substantive testing, document matching, financial statement validation) and revenue leakage detection. Trullion is ERP-agnostic in concept but ships its deepest connectors for NetSuite, SAP, and Salesforce, and reaches additional buyers through a partner network of audit and advisory firms. The company is SOC 1 Type II and SOC 2 Type II audited (by KPMG).
Screenshots & demo
Demo video from the vendor's YouTube channel. Screenshots sourced from Trullion.
Features & capabilities
Revenue recognition (ASC 606 / IFRS 15)
Automated revenue assurance from contract to disclosure.
- AI extraction of performance obligations, renewals, pricing, and revenue-impacting clauses from contracts
- Centralization of revenue data across CRM, billing, and ERP systems
- Automatic validation of extracted terms against billing/CRM/ERP records with inconsistency flagging
- Generation of revenue journal entries and disclosure reports
- Waterfall and advanced revenue reporting
- Push of validated entries back to the ERP
- Support for ASC 606 and IFRS 15
Lease accounting (ASC 842 / IFRS 16 / GASB 87 / FRS 102)
End-to-end lease accounting with source-traceable outputs.
- Single-click PDF/Excel lease upload with OCR-based data extraction (dates, payment terms, contract details)
- Automated lease abstraction and contract review
- Real-time detection and accounting of lease modifications at scale
- Right-of-use asset and lease liability calculations
- Incremental borrowing rate (IBR) calculation across regions, asset classes, and currencies
- Auditable journal entries and disclosure reports
- Support for ASC 842, IFRS 16, GASB 87, and FRS 102
Trulli AI assistant
Agentic AI grounded in accounting standards and company documentation.
- Natural-language summarization and analysis of contract data
- Surfacing of contract insights and patterns across documents
- Querying against accounting frameworks and company guidelines
- AI extraction of structured records from unstructured PDFs
- Auditable, source-grounded outputs rather than black-box automation
Audit automation
Tools aimed at internal and external audit teams.
- Substantive testing automation
- Document matching
- Financial statement validation
- Data extraction from source documents
- Revenue leakage detection
Audit trail, traceability, and reporting
Outputs designed to be defensible under audit.
- Full traceability of every figure back to the source document
- Source-based audit logging that ties changes to original contracts
- Disclosure report generation
- Structured Excel output from unstructured source data
- Continuous (rather than reactive) audit readiness
Common use cases
- Automating ASC 606 / IFRS 15 revenue recognition for subscription and contract-based businesses
- Managing ASC 842 / IFRS 16 / GASB 87 lease accounting compliance
- Abstracting lease and revenue contracts without manual document review
- Generating audit-ready journal entries and disclosure reports
- Detecting and accounting for lease modifications at scale
- Supporting external audit fieldwork with substantive testing and document matching
- Identifying revenue leakage across billing and CRM data
Strengths & considerations
Strengths
- AI trained specifically on accounting terminology rather than generic document AI
- "Auditable AI" positioning: every output traces back to a source document for audit defensibility
- Covers both revenue recognition and lease accounting on a single platform
- Distribution through a partner network of 100+ audit and advisory firms
- Built by former Big Four CPAs, with domain depth in accounting standards
- Supports multiple standards including the UK/Ireland FRS 102 and US GASB 87 alongside ASC/IFRS
Considerations
- Revenue module initially scoped to Salesforce CRM + NetSuite ERP and selected verticals (e.g., software), not all stacks
- Reviewers note reporting depth gaps, including missing rollforward reports
- Reviewers report SAP integration could be simpler to configure
- Large datasets can slow report processing
- Leases with multiple renewal terms can be operationally awkward to model
ERP integrations
Core ERP for the revenue recognition module; validated entries are pushed back to NetSuite.
Supported for real-time compliance monitoring and audit-ready documentation; reviewers note setup could be simpler.
CRM/billing source for the revenue recognition workflow.
Pricing
Pricing is not publicly listed; available on request via a sales demo. Also offered to companies through Trullion's partner network of audit and advisory firms. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- Cloud (SaaS)
- Compliance
- SOC 1 Type II, SOC 2 Type II
About the vendor
- Founded
- 2019
- Headquarters
- New York, NY, USA
- Employees
- 100+
- Ownership
- Private (VC-backed; investors include Aleph, Greycroft, Third Point Ventures, StepStone)
- Notable customers
- HMD Global, Eisai, Lemonade, Bradken, Ørsted, Mitsubishi Chemical, Cart.com, monday.com, Kemper, Taboola, Pagaya
Alternatives to Trullion in Revenue Recognition
Trullion — frequently asked questions
Which accounting standards does Trullion support?
Trullion supports ASC 606 and IFRS 15 for revenue recognition, and ASC 842, IFRS 16, GASB 87, and FRS 102 for lease accounting.
Which ERP and CRM systems does Trullion integrate with?
Trullion integrates with NetSuite and SAP ERPs and with Salesforce CRM. Its revenue recognition module is built around Salesforce CRM and NetSuite ERP.
Is Trullion's AI auditable?
Trullion positions its AI as auditable rather than black-box: every extracted figure, journal entry, and disclosure traces back to the source document, and the company is SOC 1 Type II and SOC 2 Type II audited (by KPMG).
How does Trullion handle revenue and lease contracts?
Users upload contracts as PDF or Excel; AI/OCR extracts key terms (obligations, renewals, dates, payment terms), validates them against billing/CRM/ERP data, and generates journal entries and disclosure reports.
What does Trullion cost?
Trullion does not publish pricing. It is sold on a quote basis via a sales demo, and is also available through its partner network of audit and advisory firms.
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