Finance ops · Production

Bradken reduces lease accounting reporting time by 25% and costs by 30% with Trullion

The problem

Bradken's previous lease accounting software was so inefficient that working in Excel felt equally viable; staff had to run reports twice and manually reconcile them to the general ledger, and late-notified lease changes required entirely manual retroactive adjustments.

First attempt

The previous software required running reports twice and manually reconciling them to the general ledger, and offered no responsiveness to customer feature requests.

Workflow diagram · grounded in source
1
Lease contract received
trigger
“when you're going through a 70 or 80-page property lease contract just to pluck out a few key details that you need for accounting”
2
AI key-data extraction
ai_action
“the AI function really caught our eye…It saves so much time when you're going through a 70 or 80-page property lease contract just to pluck out a few key details that you need for accounting”
3
Lease catch-up adjustment
output
“The lease catch-up option has been quite a relief for us because previously we would have had to manually process through any of these sorts of adjustments”
4
GL-aligned report generated
output
“Having the reporting align with the actual general ledger movements has proven to be very audit-friendly”
5
Auditor direct platform access
integration
“Bradken gives their auditor access to the Trullion platform. If they want to look at a contract, they can go in and help themselves”
Reported outcome

Bradken reduced reporting time by 25% and achieved a 30% cost reduction, gained an audit-friendly system with direct auditor platform access, and eliminated manual retroactive lease adjustment processing.

Reported metrics
Time spent on reporting25%
Cost reduction30%
Reported stack
Trullion
Source
https://trullion.com/customer-stories/how-bradken-accelerated-their-lease-accounting-process-by-upgrading-their-system-to-trullion/
Read source ↗

Frequently asked questions

What did this team achieve with this AI workflow?

Bradken reduced reporting time by 25% and achieved a 30% cost reduction, gained an audit-friendly system with direct auditor platform access, and eliminated manual retroactive lease adjustment processing.

What tools did this team use?

Trullion.

What results were reported?

Time spent on reporting: 25%; Cost reduction: 30% (source-reported, not independently verified).

What failed first in this deployment?

The previous software required running reports twice and manually reconciling them to the general ledger, and offered no responsiveness to customer feature requests.

How is this finance ops AI workflow structured?

Lease contract received → AI key-data extraction → Lease catch-up adjustment → GL-aligned report generated → Auditor direct platform access.

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