gremlease.com

What It Is

Gremlease is an IFRS 16 lease accounting SaaS from Montreal, Canada. It is positioned as a simple, modern, no-installation tool for lease agreement management and accounting. Built for finance teams, it helps companies manage lease contracts under IFRS 16 and quickly generate amortization tables, charts, dashboards, and related outputs.

Core Features and User Experience

Based on the information on the site, Gremlease’s core workflow is “enter lease information, then calculate automatically.” Users can create new leases through a self-service wizard, and the system quickly produces amortization tables, charts, dashboards, as well as portfolio-level DataViz for lease portfolios. Another key feature is IFRS 16 remeasurement, with calculations and detailed breakdowns for adjustments to right-of-use assets and lease liabilities. The product is developed by a team of chartered accountants, with an emphasis on IFRS 16 compliance and allowing finance staff to manage the process themselves.

Pricing and Free Plan

Pricing is very straightforward: pay as you go based on the number of leases, at $5/lease/month, with unlimited users. It also includes 5 leases free forever. The page clearly states that there are no setup fees, no annual licenses, and no hidden charges, and that no credit card is required to sign up. For teams with a smaller number of leases, limited budgets, or those moving from spreadsheets to a dedicated system for the first time, the value proposition is strong.

Pros and Cons

The advantages are that it is lightweight, requires no installation, has a low learning curve, and offers transparent pricing. Unlimited users also reduce the cost of letting finance teams and management view the data together. The downside is that public materials do not disclose common enterprise procurement details such as third-party integrations, API availability, permission models, audit logs, data security certifications, or data residency options. If a company needs deep integration with ERP, general ledger, procurement, or contract management systems, further confirmation is still required.

Who It’s For

Gremlease is best suited to SMB finance teams that use IFRS 16, have a limited to moderate number of leases, and want to quickly complete lease accounting and visual management. For large groups, multi-entity environments, multi-standard accounting needs, complex approval permissions, or scenarios with strict compliance requirements, it is advisable to request a demo first and focus on questions around integration, security, and access control capabilities.

Access from China and Alternatives

The page does not provide information about access from mainland China, payment methods, or localization, so china_access is considered unknown. The only payment-related wording visible is Secure payment, with no specific channels disclosed. Chinese companies that require local invoices, Chinese-language support, intranet deployment, or integration with domestic ERP systems may also want to evaluate lease accounting modules in financial systems such as 用友 and 金蝶, or international products such as LeaseQuery, Visual Lease, and Nakisa.