· AuditPal AI Team · AI Audit Software Comparisons · 6 min read
AuditPal AI vs. Trullion: Which Tool Is Best for You?
Trullion excels at extracting data, automating accounting tasks, and creating an audit-ready accounting record. AuditPal AI is a purpose-built platform for the full audit lifecycle.
Table of Contents
- Introduction
- Core Comparison: Compliance Automation vs. Execution Toolkit
- Features Comparison
- Overview of Trullion
- Overview of AuditPal AI
- The Essential Difference: Input Data vs. Output Deliverables
- Pricing Comparison
- Final Thoughts
- FAQ
Trullion is an accounting platform that focuses on automating compliance-heavy workflows through intelligent data extraction and matching. AuditPal AI is a comprehensive, secure platform that helps auditors throughout the entire engagement.
Introduction
Both Trullion and AuditPal AI offer innovative artificial intelligence (AI) tools for auditors, but they tackle different bottlenecks:
- Trullion solves the “data-in” problem: How do you get data out of contracts and into an auditable, compliant format? The platform’s core strength lies in accounting automation (e.g., lease accounting, revenue recognition) that benefits both clients and auditors.
- AuditPal AI solves the “documentation-and-execution” problem: How can you quickly generate workpapers, write complex analysis code, and develop reader-friendly reports and presentations? Its core strength lies in audit workflow automation.
This article helps auditors decide whether they primarily need a tool to manage complex accounting data (Trullion) or a tool to streamline the full audit lifecycle (AuditPal AI).
Core Comparison: Compliance Automation vs. Execution Toolkit
The core functionality highlights Trullion’s specialization in compliance and AuditPal AI’s breadth in audit execution.
| Focus Area | AuditPal AI | Trullion |
|---|---|---|
| Primary Goal | Efficiency across the entire audit workflow (50+ tools) | Automation of complex accounting workflows |
| Data Focus | Data reliability testing and analysis code creation and translation | Data extraction from unstructured documents and matching to financial statements |
| Key Output | Audit plans, audit programs, interview questions, code scripts, audit findings, and more | Compliant lease schedules, revenue recognition disclosures, and tracing reports |
| Key Differentiator | Comprehensive toolset for every stage of the audit process | Deep vertical AI for complex accounting standards and source data linking |
Features Comparison
AuditPal AI offers an expansive toolkit for planning and analysis, while Trullion provides deep functionality for specific data-heavy compliance tasks.
| Feature | AuditPal AI | Trullion |
|---|---|---|
| Accounting Compliance | AI generators help ensure compliance with audit standards | Deep automation for specific accounting calculations |
| Data Extraction | Ability to chat with, summarize, and fact check PDF and Word documents | Optical character recognition for high-volume extraction of lease terms, contracts, and invoices |
| Code Generation | AI assistants for developing and reviewing ACL, Python, R, SAS, and SQL scripts and VBA and DAX formulas | Limited focus on proprietary AI data matching |
| Reporting Tools | Many purpose-built tools for generating all types of audit deliverables | Features for validating financial statement consistency and creating an audit trail |
Overview of Trullion
Trullion is an intelligent AI accounting platform that transforms unstructured source documents (like contracts) into structured, auditable information. It’s widely known for simplifying the most complex and tedious areas of financial reporting.
Trullion excels at high-volume, repetitive compliance and testing tasks:
- Lease and Revenue Automation: It uses AI to ingest contracts and generate compliant lease schedules, journal entries, and revenue disclosures under complex standards.
- Data Match and Validation: Its core audit suite features automate vouching and tracing by matching data between source documents and general ledgers.
- Source-Backed Transparency: Its AI assistant provides answers linked directly to source documents.
Overview of AuditPal AI
AuditPal AI is a full-stack audit execution platform designed to automate the non-compliance-specific tasks that consume the bulk of an auditor’s time: documentation, planning, writing, and data analysis.
AuditPal AI’s 50+ toolset provides transformation across all phases of the audit:
- Audit Planning: Generators for audit programs, scopes, and methodologies ensure the entire team starts with a standardized, high-quality, and compliant approach.
- Advanced Data Analysis Tools: The code assistants (SQL, Python, ACL, etc.) empower auditors to generate complex scripts on demand, enabling bespoke data testing procedures that go beyond standard matching.
- Fieldwork and Reporting Efficiency: Tools for creating documentation request lists, interview questions, and executive summaries drastically reduce the time spent on manual drafting and reporting.
The Essential Difference: Input Data vs. Output Deliverables
The ultimate choice depends on where your most significant efficiency bottleneck lies:
- Choose Trullion if your firm spends significant time extracting data from documents, performing manual tick-and-tie procedures (vouching/tracing), or dealing with the complexity of accounting standards.
- Choose AuditPal AI if your firm needs to standardize its audit methodology, accelerate the generation of all planning and reporting deliverables, and improve its data analysis capabilities.
Pricing Comparison
Both platforms are cloud-based, enterprise-grade solutions. Their pricing models reflect the specialized value they provide to firms.
| Feature | AuditPal AI | Trullion |
|---|---|---|
| Pricing Model | Transparent, tiered pricing based on AI usage and storage requirements (free trial available) | Custom quote model based on the modules purchased and the size of the accounting data |
| Visibility | Publicly listed plans (Free, Professional, Power) with a low barrier to entry for individual use | Requires direct engagement with the sales team for a personalized quote tailored to the client’s accounting needs |
| Cost Driver | The number of AI queries and storage requirements | The need for compliance automation (e.g., the number of leases or revenue contracts being managed) |
AuditPal AI Pricing
AuditPal AI offers transparent, tiered pricing based on AI usage and storage requirements.
| Plan | Price | Monthly Usage Limit | Monthly Storage Limit |
|---|---|---|---|
| Free | $0 per month | 15 AI queries | 10 MB |
| Professional | $19 per month | 1,000 AI queries | 50 MB |
| Power | $49 per month | 10,000 AI queries | 500 MB |
| Enterprise | Contact Sales | Custom | Custom |
Trullion Pricing
Trullion doesn’t have publicly listed prices. The cost is highly variable based on the scale of the firm’s requirements.
To obtain pricing for Trullion, you must book a demo and request a personalized quote.
Final Thoughts
These two tools are complementary in a modern audit tech stack, but the initial decision point is based on priority:
- Trullion helps ensure the highest level of accuracy and automation in complex, data-heavy accounting.
- AuditPal AI leverages a dedicated suite of AI tools that automate the methodological, analytical, and communication tasks that span the entire engagement, enhancing the overall quality and speed of the audit.
FAQ
Does Trullion automate my entire audit?
Trullion automates critical testing and data validation aspects of the audit, particularly in compliance-heavy areas like leases and revenue recognition. However, it doesn’t generate the holistic audit plans, audit programs, or final audit deliverables that AuditPal AI provides.
Which tool is better for a firm that uses many different ERP systems?
Trullion’s core strength is its ability to ingest data and documents from disparate sources to create a unified, auditable record, making it highly effective for multi-client environments. AuditPal AI’s utility is agnostic to the ERP system, as its focus is on generating the audit-specific deliverables regardless of the underlying data source.
Can AuditPal AI help me with ASC 842 calculations?
AuditPal AI can help you generate a data analysis plan or create the formulas and scripts needed to perform the calculations, but it doesn’t contain the built-in, dedicated compliance engine for automating schedules and disclosures that Trullion provides.