Trullion
AI accounting for lease compliance, revenue recognition, and audit prep
Overview
AI-powered accounting platform focused on lease accounting (ASC 842), revenue recognition (ASC 606), and audit readiness. Extracts data from contracts and maps it to accounting standards automatically, replacing spreadsheet-based compliance workflows.
Ehsan's Growth Verdict
Purpose-built for the specific pain of ASC 842 and ASC 606 compliance — not a general finance tool
Best for: Companies with large lease portfolios or complex revenue contracts needing automated compliance with ASC 842 and ASC 606
Key Features
- ✓AI contract data extraction for ASC 842
- ✓Revenue recognition under ASC 606
- ✓Automated journal entry generation
- ✓Audit trail with source document linking
- ✓Real-time compliance dashboards
Pros
- + Eliminates spreadsheet-based lease accounting completely
- + Source documents linked to every journal entry for auditors
- + Handles modifications and reassessments that break most tools
Cons
- − Narrow focus — does not replace general AP or GL systems
- − Implementation requires accounting expertise to configure
- − Pricing not published and varies widely by portfolio size
Pricing
| Plan | Details |
|---|---|
| Lease | Custom — by portfolio size |
| Revenue | Custom — by contract volume |
| Full Platform | Custom — combined |
Best Use Cases
Ehsan's Growth Take
Every company with 50+ leases has a horror story about ASC 842 compliance in Excel. Trullion erases that entire category of pain. The AI extraction from lease contracts is 90% accurate on first pass, which means your accountants verify instead of manually keying. If lease accounting compliance is your biggest headache, Trullion fixes it. If it is not, skip it.
Ehsan Jahandarpour
AI Growth Strategist & Fractional CMO
Forbes Top 20 Growth Hacker · TEDx Speaker · 716 Academic Citations · Ex-Microsoft · CMO at FirstWave (ASX:FCT) · Forbes Communications Council