compliance_monitoring · energy · workflow
HMD Global accelerates IFRS 16 lease accounting compliance with Trullion AI
HMD Global converted from local Finnish GAAP to IFRS with no prior lease accounting process, facing the complexity of reporting on office leases across multiple countries and currencies.
How it works
Common implementation structure
How this type of workflow is generally built, generalized across documented cases — not tied to any one vendor's stack. Click any stage to read what happens there. Specific products that implement these stages appear in “Tools commonly seen” below.
Stage 1 · IFRS 16 compliance trigger
HMD Global's conversion from Finnish GAAP to IFRS created a need to account for office leases across nearly 30 different countries.
Tools used
Trullion
Outcome
Trullion was at least twice as fast as manual Excel-based calculations, reduced manual work for the finance team, and generated consolidated IFRS 16 disclosure reports from one source system tied to bookkeeping entries.
Results
Time savedat least twice as fast with Trullion
Volumemuch better
Grounding & classification
Source type: vendor customer story
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