Mayday vs NetClose
Mayday
getmayday.comNetClose
netgain.techSide by side
| Figure | Mayday | NetClose |
|---|---|---|
| Price from | £10/mo | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | — |
| Plans published | 15 | 1 |
| Spec score · Financial Close Software | 8.8 (#3) | 7.5 (#12) |
| Founded | LinkedIn gives Mayday’s founding year as 2021. | 2018 |
| Purpose | Mayday is a month-end platform for finance teams using Xero, QuickBooks Online, or Intuit Enterprise Suite. | NetClose automates financial close work such as amortizations, reconciliations, and flux analysis for NetSuite users. |
| Security | 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. | Netgain says it provides assurance through annual SOC reports. |
| Support | The pricing FAQ says in-app support chat receives a personal response within hours, often within minutes. | Every Netgain customer receives Base Support, with optional Enhanced and Platinum tiers that offer faster response times and additional support. |
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.