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Trullion

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Ease of management
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User industry
  1. Banking and insurance
  2. Healthcare and life sciences
  3. Information technology and software

What is Trullion

Trullion is an accounting automation platform focused on lease accounting and revenue recognition workflows. It helps accounting teams centralize contract data, calculate compliance schedules, and produce audit-ready reports for standards such as ASC 842/IFRS 16 and ASC 606/IFRS 15. The product combines a contract repository with calculation engines and reporting outputs that can be used during close and audit support. It is typically used by controllers, accounting operations, and finance teams that need structured documentation and repeatable calculations.

pros

Purpose-built lease and revenue

The product centers on lease accounting and revenue recognition, with workflows aligned to common accounting standards (ASC 842/IFRS 16 and ASC 606/IFRS 15). This focus supports consistent calculations and documentation compared with general-purpose accounting tools. It also helps teams standardize how contracts are captured and how schedules are generated across entities.

Centralized contract documentation

Trullion maintains a repository for lease and revenue contracts and related supporting documents. Centralization can reduce reliance on spreadsheets and email threads during close and audit requests. It also supports traceability from source contract terms to calculated outputs, which is useful for audit support and internal review.

Audit-ready reporting outputs

The platform produces reports and schedules that accounting teams can use for period-end close and auditor requests. Having standardized outputs can shorten the time spent assembling support compared with manual workbooks. This positions the product as complementary to audit request and evidence tools by focusing on the accounting calculations and documentation layer.

cons

Not a full ERP replacement

Trullion focuses on lease and revenue accounting rather than end-to-end general ledger, AP/AR, and operational finance processes. Organizations still need an ERP/accounting system for core bookkeeping and financial operations. As a result, value depends on how well teams integrate Trullion outputs into existing close processes.

Integration depth varies by stack

Data exchange with ERPs, CRMs, and document sources can require configuration and process design to keep contract data current. If upstream contract data is inconsistent, teams may need additional governance and cleanup to avoid reconciliation work. Integration requirements can be more complex in multi-entity or multi-ERP environments.

Implementation requires accounting judgment

Lease and revenue setups often require policy decisions (e.g., discount rates, practical expedients, performance obligation treatment) that the software cannot determine automatically. Teams typically need accounting expertise to configure templates, review extracted terms, and validate schedules. This can extend time-to-value for organizations without strong internal technical accounting resources.

Plan & Pricing

Plan Price Key features & notes
Custom / Quote-based (contact sales) Contact Trullion for quote Trullion does not publish public list prices. Official site states Trullion "prices by engagement volume, not headcount," offers unlimited seats, and ties pricing to audit throughput; procurement requires contacting sales/book a demo. See Trullion site (products, blog, and contact pages).

Seller details

Trullion Ltd.
New York, NY, USA
2019
Private
https://www.trullion.com/
https://x.com/trullion
https://www.linkedin.com/company/trullion/

Tools by Trullion Ltd.

Trullion

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