An AI-powered lease accounting and management platform focused on ASC 842 and IFRS 16 compliance. Includes automated lease abstraction as part of its accounting workflow for corporate real estate and finance teams.
Lextract wins 6 of 8 feature categories
Based on features, pricing, and workflow integration
Trullion is an AI-powered lease accounting platform built to automate ASC 842 and IFRS 16 compliance for corporate finance and accounting teams. It includes automated document parsing to extract lease data as part of its onboarding workflow -- when a new lease is added to Trullion, the AI pulls key terms to populate the accounting model.
The distinction matters: Trullion is an accounting compliance platform, not a lease abstraction tool. Lease data extraction is a means to an end within Trullion -- the end being right-of-use asset calculations, liability amortization tables, and GAAP-compliant journal entries. If your primary need is structured lease data for any purpose other than ASC 842 accounting, Trullion brings significant platform overhead.
Lextract extracts 126 structured fields from commercial lease PDFs at $15 per lease with no platform commitment. It is purpose-built for data extraction, not accounting compliance.
Primary Purpose
Lextract
Standalone AI lease data extraction
Trullion
ASC 842 / IFRS 16 lease accounting compliance platform
Lease Data Extraction
Lextract
126 structured fields with per-field confidence scores
Trullion
AI document parsing focused on accounting-relevant fields
Red Flag Detection
Lextract
Automated detection of 20 commercial lease risk patterns
Trullion
Not a featured capability
ASC 842 Compliance
Lextract
Extracts all ASC 842 data points (commencement date, term, payment schedules, options); structured Excel output for accounting review
Trullion
Full ASC 842 / IFRS 16 reporting with ROU asset and liability calculations beyond data extraction
Pricing Model
Lextract
$15 per lease; no subscription required
Trullion
Annual subscription; enterprise pricing via sales process
Time to First Result
Lextract
5-15 minutes from upload; zero onboarding
Trullion
Requires implementation, onboarding, and data migration
Data Portability
Lextract
Excel, Word, PDF export for use in any system
Trullion
Data managed within the Trullion platform; export options limited
Confidence Scoring
Lextract
Per-field confidence scores on every extraction
Trullion
Not a prominently published feature
Lextract wins 6 of 8 categories
| Feature | Lextract | Trullion | Advantage |
|---|---|---|---|
| Primary Purpose | Standalone AI lease data extraction | ASC 842 / IFRS 16 lease accounting compliance platform | Tie |
| Lease Data Extraction | 126 structured fields with per-field confidence scores | AI document parsing focused on accounting-relevant fields | Lextract |
| Red Flag Detection | Automated detection of 20 commercial lease risk patterns | Not a featured capability | Lextract |
| ASC 842 Compliance | Extracts all ASC 842 data points (commencement date, term, payment schedules, options); structured Excel output for accounting review | Full ASC 842 / IFRS 16 reporting with ROU asset and liability calculations beyond data extraction | Tie |
| Pricing Model | $15 per lease; no subscription required | Annual subscription; enterprise pricing via sales process | Lextract |
| Time to First Result | 5-15 minutes from upload; zero onboarding | Requires implementation, onboarding, and data migration | Lextract |
| Data Portability | Excel, Word, PDF export for use in any system | Data managed within the Trullion platform; export options limited | Lextract |
| Confidence Scoring | Per-field confidence scores on every extraction | Not a prominently published feature | Lextract |
| Lextract wins 6 of 8 categories | |||
$15 for a single lease. Volume pricing: $65 for 5 leases ($13 each) and $120 for 10 leases ($12 each). No subscription, no implementation fees.
Trullion pricing is not publicly listed and requires a sales engagement. Based on market positioning, annual contracts for mid-market accounting teams typically start in the $15,000-$50,000+ range depending on lease count and user seats.
The cost comparison is only meaningful if both products solve the same problem. If your organization needs ASC 842 compliance automation with journal entry generation and audit trails, Trullion's subscription cost must be evaluated against the full compliance workflow it automates. If your need is accurate structured lease data from PDF documents -- for due diligence, portfolio review, or PMS import -- paying for a compliance platform to access its extraction feature is paying for capabilities you will not use.
CRE professionals, property managers, tenant reps, investors, and anyone who needs structured commercial lease data for due diligence, PMS import, or portfolio review -- without an accounting compliance requirement.
Corporate accounting and finance teams that need to automate ASC 842 / IFRS 16 compliance reporting, ROU asset tracking, and lease liability calculations across a corporate real estate portfolio.
Lextract is the stronger choice for CRE professionals who need structured lease data for due diligence, PMS import, or portfolio review. Trullion may make sense for corporate accounting teams whose primary challenge is ASC 842 compliance automation with automated journal entries and audit trails -- but for the majority of professionals who need extraction data, Trullion is the wrong scope of tool.
Lextract extracts all ASC 842 data points into a structured Excel workbook at $15 per lease with no implementation, and that workbook imports cleanly into Trullion or any other compliance platform if accounting automation is eventually needed. Use Lextract for extraction and bring the structured data into whatever compliance system your organization requires.
About this comparison. Pricing, feature, and capability claims about Trullion on this page are based on publicly available product pages, documentation, and marketing materials at the time of writing. Vendors change pricing and features without notice - confirm current details on Trullion's own site before purchasing. Lextract claims (126 fields, $15/lease, 5–15 minute processing, 20 red-flag checks, per-field confidence scores) reflect Lextract's current product and pricing.
We ranked the best AI lease abstraction tools for 2026 by structured field coverage, confidence scoring, pricing model, export readiness, and actual CRE workflow fit.
Lease abstraction turns a commercial lease into structured, decision-ready data. Learn what a lease abstract includes, who uses it, how the process works, and when AI beats manual review.
A practical step-by-step walkthrough of the lease abstraction process - from reading the full document to populating a standardized 126-field data template. Includes a free checklist.
For CRE professionals who need structured, reliable lease data at scale, Lextract delivers more value per dollar than Trullion. With 126 curated fields, per-field confidence scores, automated red flag detection, and exports ready for your property management system, Lextract turns lease PDFs into actionable data in 5-15 minutes for $15 per lease.
Trullion is an AI-powered lease accounting platform built to automate ASC 842 and IFRS 16 compliance for corporate finance and accounting teams. It includes automated document parsing to extract lease data as part of its onboarding workflow -- when a new lease is added to Trullion, the AI pulls key terms to populate the accounting model.
Lextract pricing: $15 for a single lease. Volume pricing: $65 for 5 leases ($13 each) and $120 for 10 leases ($12 each). No subscription, no implementation fees.. Trullion pricing: Trullion pricing is not publicly listed and requires a sales engagement. Based on market positioning, annual contracts for mid-market accounting teams typically start in the $15,000-$50,000+ range depending on lease count and user seats.. The cost comparison is only meaningful if both products solve the same problem. If your organization needs ASC 842 compliance automation with journal entry generation and audit trails, Trullion's subscription cost must be evaluated against the full compliance workflow it automates. If your need is accurate structured lease data from PDF documents -- for due diligence, portfolio review, or PMS import -- paying for a compliance platform to access its extraction feature is paying for capabilities you will not use.
Lextract is the stronger choice for CRE professionals who need structured lease data for due diligence, PMS import, or portfolio review. Trullion may make sense for corporate accounting teams whose primary challenge is ASC 842 compliance automation with automated journal entries and audit trails -- but for the majority of professionals who need extraction data, Trullion is the wrong scope of tool. Lextract extracts all ASC 842 data points into a structured Excel workbook at $15 per lease with no implementation, and that workbook imports cleanly into Trullion or any other compliance platform if accounting automation is eventually needed. Use Lextract for extraction and bring the structured data into whatever compliance system your organization requires.
Trullion is best for: Corporate accounting and finance teams that need to automate ASC 842 / IFRS 16 compliance reporting, ROU asset tracking, and lease liability calculations across a corporate real estate portfolio.. Lextract is best for: CRE professionals, property managers, tenant reps, investors, and anyone who needs structured commercial lease data for due diligence, PMS import, or portfolio review -- without an accounting compliance requirement..
Upload a commercial lease PDF and get 126 structured fields extracted in 5-15 minutes. $15 per lease, no subscription required.
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