Aico Financial Close Platform vs Maxima
Aico Financial Close Platform
aico.ai
Maxima
maxima.aiSide by side
| Figure | Aico Financial Close Platform | Maxima |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Financial Close Software | 7.5 (#11) | 7.0 (#19) |
| Headquarters | Espoo, Finland | San Francisco, California, United States |
| Implementation | Aico says implementation typically takes a few weeks depending on the organisation’s complexity and systems, with a guided rollout from its team. | Maxima says it is typically live in weeks, with ROI milestones under two weeks for simple workflows and four weeks for complex ones. |
| Purpose | Aico is a financial close platform designed to automate and streamline enterprise month-end close processes. | Maxima is an agentic accounting platform that automates work across the record-to-report cycle. |
| Security | Aico states that it is GDPR-compliant and SOC 2 certified and uses bank-grade encryption. | The security page lists AES-256 encryption at rest, TLS encryption in transit, US-only hosting, and no credential storage. |
Plans
Aico Financial Close Platform
- Aico Financial Close PlatformPriced on request
In their own words
Aico Financial Close Platform
Aico Financial Close Platform is a web-based system for managing enterprise financial close work. It brings closing tasks, account reconciliations, journal entries, intercompany invoicing, transaction matching, financial requests, compliance tasks, manual payments, and account or variance monitoring into one platform. Enterprises can configure templates, workflows, approvals, and process rules, allowing finance teams to develop processes without IT. Dashboards show progress, completed tasks, bottlenecks, ownership, priorities, and performance across entities and teams. Reconciliation tools provide one-click automation, configurable templates, exception flags, audit trails, reporting, and approval workflows. Aico lists integrations for SAP, Oracle, Microsoft Dynamics 365, Unit4, IFS, Infor, Sage, Epicor, Workday, and Deltek, while other ERP systems can connect through standard methods. The platform supports multi-entity close, recurring templates, task dependencies, native ERP connectivity, and audit trails. It is aimed at large enterprises and complex finance teams. Pricing is on request.