Maxima vs Mayday
Maxima
maxima.aiMayday
getmayday.comSide by side
| Figure | Maxima | Mayday |
|---|---|---|
| Price from | — | £10/mo |
| Free plan | — | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 1 | 15 |
| Spec score · Financial Close Software | 7.0 (#19) | 8.8 (#3) |
| Compliance | The security page lists SOC 1 Type II and SOC 2 Type II as certified, while ISO 42001 and ISO 27001 are marked coming soon. | The maker states it complies with UK/EU GDPR requirements and aligns privacy practices with the Australian Privacy Principles. |
| Headquarters | San Francisco, California, United States | United Kingdom |
| Integrations | Maxima says it supports over 100 integrations and lists systems including NetSuite, Workday Payroll, SAP, Snowflake, Slack, and JPMorgan Chase. | Mayday connects with Xero, QuickBooks Online and Intuit Enterprise Suite; product pages describe one-click posting back to the accounting systems. |
| Purpose | Maxima is an agentic accounting platform that automates work across the record-to-report cycle. | Mayday is a month-end platform for finance teams using Xero, QuickBooks Online, or Intuit Enterprise Suite. |
| Security | The security page lists AES-256 encryption at rest, TLS encryption in transit, US-only hosting, and no credential storage. | The security page lists encryption in transit and at rest, SSO and MFA via Xero and Intuit, role-based access controls, and 24/7 infrastructure monitoring. |
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
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.