finance_ops · manufacturing · workflow
Bradken reduces lease accounting reporting time by 25% and costs by 30% with Trullion
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.
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 · Lease contract received
A property lease contract of 70 or 80 pages is submitted for accounting processing.
Tools used
Trullion
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.
What failed first
The previous software required running reports twice and manually reconciling them to the general ledger, and offered no responsiveness to customer feature requests.
Results
Time saved25%
Cost replaced30%
Grounding & classification
Source type: vendor customer story
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data extractioncontractfailure mode describedmetric backednamed customerproduction runtime claimedtools describedworkflow describedcost reductiontime savedvendor customer storycompliance monitoringcontract managementfinance opsdocument to record