About Anchin

Anchin is an accounting and advisory firm that provides audit, tax, and consulting services to businesses and private clients across a wide range of sectors. The firm supports clients with financial reporting, tax planning, compliance, and strategic advisory needs

Anchin delivers industry-specific guidance, with services spanning audits, financial statements, transaction support, and ongoing advisory.

The challenge: Scaling ASC 842 across a diverse client base

With ASC 842 in full effect, Anchin was facing rising complexity across both clients and internal assurance teams. Lease volumes were growing significantly. Agreements were more nuanced. New judgments and modification rules added more work, and more risk.

Manual schedules meant version control issues, formula breaks, slow reviews, and a higher likelihood of human error. Complex, multi-year contracts only magnified the problem. The firm needed a more automated and reliable approach.

Raymond Baggeri, Partner & Leader – Assurance, and David Emmer, Chief Innovation & Information Officer, saw early that relying on Excel alone would only exacerbate these challenges. As Baggeri put it,

Why Anchin chose Trullion

As lease accounting requirements grew more demanding, Anchin needed a platform that could deliver accuracy, standardization, and measurable efficiency – capabilities that extended well beyond Excel. After reviewing several other solutions and researching best-practices in the industry, Trullion quickly became the top choice. Trullion gave the team the ability to:

• Extract key terms using AI and OCR
• Produce fully accurate amortization schedules and journal entries
• Centralize all lease data
• Standardize outputs for faster audit review
• Support high-volume, complex, and multi-entity portfolios

The solution: Implementing Trullion across the Assurance practice

Rolling out technology firmwide required a plan and a commitment, but adoption was much quicker than anticipated. Emmer notes, “There wasn’t much resistance. Everyone understood that change was necessary, and Trullion clearly had the least friction.”

A champion-driven rollout

By appointing dedicated champions across practice areas, Anchin turned onboarding into an adoption engine. These champions kept momentum high, removed friction, and guided teams through real-time issues and questions, ensuring everyone felt confident enough to use Trullion extensively during peak busy season.

Clear expectations with practical flexibility

ASC 842 work was expected to be completed in Trullion across the board, with exceptions made only for specific low-volume portfolios – a balance that improved tool adoption without slowing teams down.

A seamless client experience

Clients had the flexibility to input lease information independently or let Anchin’s team take the lead. Baggeri observed, “Clients found the transition seamless, whether they handled the input themselves or relied on our team.”

The impact: time savings, accuracy, and a mindset shift

What began as a compliance requirement became a firmwide leap in automation and innovation with measurable results.

Significant reduction in time spent

The standout result was the very real time savings across areas that typically consume the most time:

• Amortization schedule preparation
• Multi-page contract review (supported by AI-assisted extraction)
• Recalculations
• Review cycles and rework, reduced through standardized outputs

Reduced risk and boosted accuracy

Trullion’s automations eliminated multiple version issues, formula errors, and manual misses. Schedules were standardized and fully traceable, giving teams and reviewers much greater confidence in their results. 

A cultural shift toward innovation

The success of Trullion sparked a broader mindset shift across the firm. Emmer shared,
“This implementation changed the way we evaluate technology. Now, automation and AI are expected, not optional.” 

He adds, “AI, OCR, and automation have become necessities. We want technology that genuinely solves problems – not platforms that claim ‘AI’ without delivering value.”

Staff enthusiasm for new tools also increased dramatically – a marked difference from just a few years ago. 

Emmer noted,  “Compared to where we were, staff are banging on the door today trying to get access to these tools. The reduced resistance to change was one of the most encouraging outcomes.”

This shift marked a turning point in how the firm embraces emerging technology.

Immediate client buy-in

Clients quickly recognized the value of Trullion. The platform’s clarity, ease of use, and intuitive UI stood out. In fact, some even asked to keep using Trullion after their work with the firm concluded.

Conclusion

Trullion helped Anchin modernize its ASC 842 process, cut out manual work, and level up audit readiness. With a champion-driven rollout and strong leadership support, the firm was able to embed automation right into its assurance workflows. Today, Anchin works faster, delivers more accurate results, and operates with a distinct innovation-driven culture.