Black Owl Lease Accounting Solution vs. Trullion

Black Owl Systems is a lease accounting software solution that helps organizations manage lease portfolios and maintain compliance with ASC 842, IFRS 16, and ASPE 3065. The platform centralizes lease data and documentation while automating critical accounting workflows such as journal entries, amortization schedules, rollforwards, and disclosure reports, reducing manual effort during month-end close.

Manual data entry, spreadsheets, and disconnected documents slow accounting and audit teams down and increase the risk of errors in high-stakes workflows. Trullion is an AI-powered accounting platform that brings extraction, validation, testing, and compliance into one system. Built specifically for accounting and audit teams, Trullion automates document-heavy workflows across audit, financial reporting, and lease accounting—helping teams improve accuracy, reduce manual effort, and stay audit-ready. With Trullion, teams can connect structured and unstructured data in one platform.