# How HMD uses Trullion

**2X**: “Without Trullion we would have spent at least 2X as much time on Lease Accounting.”

As published on [trullion.com](https://trullion.com/customer-stories/how-hmd-global-nokia-accelerated-ifrs-16-compliance-with-trullion/), May 2022. Captured by usedby on 2026-11-08.

- Company: [HMD](https://www.usedby.ai/companies/hmd.md)
- Tool: [Trullion](https://www.usedby.ai/tools/trullion.md)
- Industry: [Telecommunications](https://www.usedby.ai/companies/industry/telecommunications.md)
- Teams: Finance

## The use case: how HMD deploys Trullion

HMD Global uses Trullion to handle lease accounting under IFRS 16 for its office and vehicle leases across many countries and currencies. It documents past and current periods and produces consolidated disclosure reports and journals from a single system.

Summary written by usedby from the source page, in English. The figures are those of Trullion and HMD, not ours.

> From experience, when we tried to do the kind of manual Excel calculations in the beginning, documenting all of that, without Trullion we would have spent at least twice as much time.

> One of the big positives and kind of appreciations that we have for the team is that they listen to us. We have been very satisfied, and we are obviously very happy that we are comfortable to also share with our network that Trullion is a player to consider if anyone is looking for a lease software.
>
> Ville Räsänen, HMD Global’s Senior Finance Manager

Source: [trullion.com](https://trullion.com/customer-stories/how-hmd-global-nokia-accelerated-ifrs-16-compliance-with-trullion/), captured 2026-10-08.

## Trullion users in Telecommunications

- [Nextiva](https://www.usedby.ai/companies/nextiva.md) — Observed
- [Satcom Direct](https://www.usedby.ai/companies/satcom-direct.md) — Observed

## What usedby checked

We compared the story with its live page on 2026-11-08.

- Checked: the figure 2X is printed word for word on the page, near the name of HMD.
- Checked: the passage quoted above is copied word for word from the page, near the name of HMD.
- Checked: each number in our summary is printed on the page.
- Checked: the publication date is read from the page’s own metadata, never guessed.
- Checked: HMD uses Trullion. Confirmed line. Latest check across sources: 2026-11-08.
- Not checked: the result itself. We quote it; we did not measure it.

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Source: https://www.usedby.ai/case-studies/hmd-global-nokia-trullion · How we check: https://www.usedby.ai/methodology