Mayday Holdings

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Serving customers since
2021

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HQ Location:
London, England, GB

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What is Mayday Holdings?

Mayday is the month-end platform for finance teams using Xero, QuickBooks Online and Intuit Enterprise Suite. We bring month-end coordination, automation and AI together in one place, helping both single and multi-entity finance teams reduce manual work, stay in control and close faster. Mayday AIR, our AI engine, works alongside your team to help identify what needs attention, suggest accounting treatment and automate time-consuming month-end workflows, while keeping your team in complete control of what gets approved and posted. Core πŸ“† Accruals: Manage recurring and ad-hoc accruals, with AI helping identify potential accruals and reversals. πŸ’° Deferred Revenue: Create, review and post deferred revenue schedules and recognition journals. πŸ’³ Prepayments: Create, review and post prepaid expense schedules and release journals. πŸ“Š Flux: Analyse month-on-month P&L variances and use AI to help generate commentary. Close πŸ“‹ Easy Month End: Manage close tasks, balance sheet reconciliations, review workflows and close progress in one place. Intercompany βš–οΈ Balancer: Keep intercompany accounts and AR/AP balances aligned across entities. πŸ”„ Recharger: Automate intercompany and departmental recharges across revenue, costs, balance sheet items and fixed costs. 🏦 BRAG: Reconcile cross-entity transactions directly from Xero’s bank reconciliation. 🏒 Mayday HQ: Keep Chart of Accounts, Tracking Categories and Contacts consistent across your group. From coordinating the close to automating the accounting workflows that slow it down, Mayday helps scaling finance teams spend less time on repetitive month-end work and more time moving the business forward. We offer a 30-day free trial. No credit card required.

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Year Founded
2021