Meet Trulli, your Agentic AI assistant.
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Built for ASC 842, IFRS 16, and FRS 102, Trullion automates contract data, modifications, and reporting for accuracy, compliance, and efficiency across complex lease portfolios.
Upload your PDF or Excel lease contracts with a single click.
Trullion uses OCR to extract key lease data from source documents, including names, dates, payment terms, and other relevant contract details.
Trace each step with audit logs that verify and track changes all the way back to the contract, for internal and external stakeholders.
Calculate IBR across regions, asset classes, and currencies using Alvarez & Marsal’s integrated IBR calculation engine.
Account for lease modifications in real time and at scale, without any added work for your team.
Generate 100% auditable journal entries and disclosure reports. Your source data is always just a click away.
Lease accounting software that keeps up with the latest standards
Increased speed of financial answer in last few months
Morgan Hoffmann
Group Financial Accountant
Saved time per week in last 6 months
Ron Kariv
Controller at Claroty
Deliver accurate financial statements by validating details against source documents, reducing errors, and increasing confidence in your reports.
Bring your audit team together on one platform with real-time collaboration, shareable templates, centralized data, and robust permissions.
Instantly convert unstructured data into structured Excel formats, simplifying your document handling and audit workflows.
Automate your workflow
Streamline audit workflows
Our agentic AI assistant
Lease accounting software helps accounting teams manage leases in line with standards like ASC 842, IFRS 16, and GASB 87. It centralizes lease contracts, calculates schedules, generates journal entries, and supports required disclosures. Instead of tracking leases across spreadsheets and documents, teams use one system to keep data accurate, updated, and traceable to source contracts.
It reduces manual work, limits errors, and makes audits and close processes easier to manage. Lease accounting software is helpful for teams navigating differences between lessor and lessee accounting and managing requirements across multiple standards.
The best lease accounting software depends on your accounting workflows and compliance requirements. Teams often compare solutions based on how they handle ASC 842 versus IFRS 16 requirements.
Trullion is the best lease accounting software for teams managing complex or changing lease portfolios because it ties calculations and reports directly back to source documents, supports ongoing modifications, and keeps outputs audit-ready. Its use of AI to extract contract data and maintain traceability reduces manual effort without replacing professional judgment.
The cost of lease accounting software depends on portfolio size, complexity, and required features. Cost is also often tied to how much manual work the software replaces, especially around lease abstraction, modifications, and ongoing compliance.
Pricing often reflects the number of leases, supported standards, and level of automation. While cost matters, the larger consideration is value—specifically, how much time the software saves, how it reduces rework, and how it supports audit readiness. For many teams, replacing manual spreadsheets and simplifying compliance delivers a clear return during close and audit cycles. For more on pricing, be sure to reach out to our team!