Flexi vs Mayday
Flexi
flexi.comMayday
getmayday.comSide by side
| Figure | Flexi | Mayday |
|---|---|---|
| Price from | — | £10/mo |
| Free plan | — | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | — |
| Self-hosted | Yes | — |
| Plans published | 0 | 15 |
| Spec score · Intercompany Accounting Software | 7.5 (#23) | 8.8 (#2) |
| Founded | Flexi was founded in 1992 to provide enterprise-grade accounting software for complex financial industries. | LinkedIn gives Mayday’s founding year as 2021. |
| Headquarters | Atlanta, Georgia, United States | United Kingdom |
| Integrations | Flexi describes integrations with core banking, insurance, HR, payroll, ERP, and reporting systems through its open API architecture. | Mayday connects with Xero, QuickBooks Online and Intuit Enterprise Suite; product pages describe one-click posting back to the accounting systems. |
| Purpose | Flexi is accounting software built for insurance and financial institutions with multi-entity and multi-book capabilities. | Mayday is a month-end platform for finance teams using Xero, QuickBooks Online, or Intuit Enterprise Suite. |
| Security controls | Flexi says its automation uses embedded business logic and role-based rules to support accuracy, security, and audit transparency. | Mayday lists independent penetration tests, 24/7 infrastructure monitoring, secure development with code review, and trusted third-party providers. |
| Support | Flexi provides customer support by phone and email and says its support team members average more than 10 years of experience. | The pricing FAQ says in-app support chat receives a personal response within hours, often within minutes. |
| Workflow automation | Its browser-based workflow tools support no-code process setup, approvals, and role-based rules. | The platform combines task coordination, balance-sheet reconciliations, variance review, close tracking and automated adjusting workflows. |
Plans
Mayday
- BasicFree
- BasicFree
- Accrued Costs£10 a month
- Accrued Revenue£10 a month
- Active£10 a month
- Advanced£10 a month
- Deferred Revenue£10 a month
- Passive£10 a month
- Recharger Lite£10 a month
- Flux£12.50 a month
In their own words
Flexi
Flexi is accounting software for insurance companies, banks, credit unions, and other financial services firms. Its core accounting modules cover general ledger, accounts payable and receivable, purchasing, fixed assets, and project accounting. The platform supports multi-company consolidations, multi-book accounting, and multiple currencies. Browser-based, no-code drag-and-drop configuration can automate accounting and operational workflows. The FP&A suite includes real-time reporting, Excel-based analytics, and collaborative budgeting tools. Flexi integrates with banking, insurance, HR, payroll, ERP, reporting, claims, policy, loan, and investment systems. FlexiSync provides open APIs, synchronizes data in real time, and can convert business events into financial transactions; FlexiNetExchange transfers files and data between Flexi and external applications. Modules can be deployed in the cloud or on premise, individually or as an integrated suite. Accounting modules include compliance and audit controls, while FlexiRecon provides an audit trail. The company is headquartered in Atlanta and was founded in 1992. Pricing is on request.
Mayday
Mayday is a web-based month-end platform for finance teams using Xero, QuickBooks Online or Intuit Enterprise Suite. It identifies missing or incorrect entries, calculates adjustments for review and approval, then posts approved journals to Xero or QuickBooks. Its products include Flux, Prepayments, Accruals, Deferred Revenue, Balancer, Mayday HQ, BRAG and Recharger. Mayday AIR suggests actions using accounting principles and business context; the maker says it will not train AIR on private customer data without permission. The platform supports approval workflows, audit trails, multi-entity close and recurring templates. The Basic plan is £0/mo, and a 30-day free trial does not require card details. The pricing note lists paid access from £12.50/mo when billed annually, while several listed plans are £10/mo. QuickBooks Online has restrictions: BRAG and Mayday HQ are unavailable, and some functions in Balancer, Recharger, Deferred Revenue and Prepayments are limited. Mayday says its service runs on AWS, with data storage and processing in the London region. It lists encryption, SSO and MFA via Xero and Intuit, role-based access controls and 24/7 infrastructure monitoring.