Case Study: Bradken Accelerates Lease Accounting with Trullion

How Bradken Accelerated Their Lease Accounting Process by Upgrading Their System to Trullion

Bradken, a manufacturing company with a lease portfolio of 100+ assets across 20+ locations worldwide, needed a better way to manage IFRS 16 lease accounting after finding its previous competitor software inefficient and nearly manageable in Excel. The team wanted to reduce manual effort, improve reporting, and make audits easier for its finance team and external auditor EY.

Bradken implemented Trullion’s lease accounting platform, using its AI-powered data extraction, lease catch-up functionality, and audit-friendly reporting. With Trullion, Bradken reduced reporting time by 25% and cut costs by 30%, while also improving alignment between system reports and the general ledger and simplifying auditor access to lease contracts and schedules.

Bradken

Morgan Hoffmann

Group Financial Accountant