Case Study: Halma plc achieves rapid IFRS 16 compliance and group-wide standardisation with CCH Tagetik

How Halma stays compliant with IFRS 16 for Lease Accounting with CCH Tagetik

Halma, a global group of life‑saving technology companies made up of about 45 niche businesses, needed a faster, clearer way to control and understand performance across the group and to meet new IFRS 16 lease accounting requirements. The finance team sought high‑quality, rapidly accessible data and standardised processes that wouldn’t add complexity to local operations.

They selected CCH Tagetik for its strong UX and fit with functional/non‑functional needs, then deployed a Lease Accounting IFRS 16 solution across all 45 businesses in just 13 weeks. The single platform delivered group‑level visibility, consistent IFRS compliance, robust controls and workflows, improved knowledge sharing and on‑time implementation — a result the Director of Group Finance strongly recommends.

Halma plc

Richard Haley

Director of Group Finance