Rillet

The AI-native ERP for SaaS finance teams

Rillet is a New York-based AI-native ERP built specifically for scaling SaaS and technology companies, created by accountants to solve the gap between modern revenue models and legacy accounting systems like NetSuite and Sage Intacct. Its core design choice is to build AI into the accounting infrastructure itself — rather than bolting it on — so that revenue recognition, journal entries, reconciliations, and financial reporting happen automatically as data flows in from connected billing and CRM systems. The platform handles the particular complexity of SaaS financial operations: ASC 606 revenue recognition, usage-based billing, multi-entity consolidation, multi-currency accounting, and investor-facing SaaS metrics reporting. Rillet raised $108.5M across two rounds in 2025, with Sequoia and Andreessen Horowitz/ICONIQ co-leading the Series B.

Compliance

SOC 2

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Key Features

Native ASC 606 / IFRS 15 revenue recognition: Automatically generates revenue recognition schedules and journal entries from contract and billing data, handling flat-rate, usage-based, and milestone pricing models without spreadsheet workarounds.
Aura AI agent: A natural language interface for querying live financial data (“What were my top 10 vendors in Q4?”), performing flux analysis, booking accruals, and running automated accounting tasks directly from conversational prompts.
Automated journal entries: Claims automation of approximately 99.7% of journal entries, reducing the manual preparation burden on accounting teams.
SaaS metrics reporting: Natively generates ARR, churn, and other SaaS-specific metrics from the general ledger, rather than requiring a separate BI tool.
Month-end close management: A built-in close checklist with task assignment, progress tracking, and automated reconciliations to compress close timelines.
Multi-entity and multi-currency accounting: Handles intercompany journals, currency revaluation, and consolidated reporting across subsidiaries without manual spreadsheet consolidation.

Use Cases

For Series A–C SaaS companies replacing legacy ERPs: A hypergrowth SaaS company replaces a Sage Intacct or NetSuite instance with Rillet to automate revenue recognition and reporting that was previously done in spreadsheets.
For usage-based billing complexity: A company with tiered, metered, or hybrid pricing models connects its billing system to Rillet, which generates compliant revenue schedules and posts journal entries automatically as usage data arrives.
For faster month-end close: A lean finance team uses Rillet’s automated reconciliations and close checklist to close books in days rather than weeks, freeing time for analysis and investor reporting.

Pricing MODELS

Saas subscription

Pricing Summary

SaaS subscription model with custom enterprise pricing. Exact tier pricing is not publicly listed; contact sales for pricing. Positioned at mid-market and enterprise, primarily SaaS companies.