Mayday vs Translucent Intercompany
Mayday
getmayday.com
Translucent Intercompany
translucent.ioSide by side
| Figure | Mayday | Translucent Intercompany |
|---|---|---|
| Price from | £10/mo | $5.42/mo |
| Free plan | Yes | Yes |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 15 | 5 |
| Spec score · Intercompany Accounting Software | 8.8 (#2) | 8.3 (#7) |
| Company size | LinkedIn lists Mayday as a privately held software-development company with 11–50 employees. | LinkedIn reports a privately held company with 11–50 employees. |
| Founded | LinkedIn gives Mayday’s founding year as 2021. | LinkedIn gives 2022 as the founding year. |
| Headquarters | United Kingdom | LinkedIn lists London as headquarters, with additional locations in Sydney and Cape Town. |
| Integrations | Mayday connects with Xero, QuickBooks Online and Intuit Enterprise Suite; product pages describe one-click posting back to the accounting systems. | The listed accounting integrations are Xero and QuickBooks Online. |
| Praise: time savings | Xero reviewers repeatedly describe substantial time savings during month-end and faster handling of intercompany work. | Reviewers report substantial time savings for multi-entity and multi-currency reconciliation and less spreadsheet work. |
| Purpose | Mayday is a month-end platform for finance teams using Xero, QuickBooks Online, or Intuit Enterprise Suite. | Translucent automates intercompany accounting workflows for multi-entity businesses. |
| Rating on Xero App Store | 5.0 out of 5 from 308 reviews | 5.0 out of 5 from 19 reviews |
| 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. | Translucent says it is certified for SOC 2 Type 1 and was proceeding with work toward Type 2 certification in its February 2025 update. |
| Support | The pricing FAQ says in-app support chat receives a personal response within hours, often within minutes. | The product page lists live support to help customers get the most out of Translucent apps. |
| What it does | Mayday is month-end automation and close-management software for finance teams using Xero, QuickBooks Online or Intuit Enterprise Suite. | Translucent combines accounting data from multiple entities into a multi-entity finance system. |
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
Translucent Intercompany
- FreeFree
- Pro (annual)$65 a year
- Pro annual$65 a month
- Pro (monthly)$130 a month
- Pro monthly$130 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.
Translucent Intercompany
Translucent Intercompany automates intercompany accounting workflows for multi-entity businesses. It identifies discrepancies and supports one-click adjustments to Xero or QuickBooks. Teams can set one-off or recurring intercompany transaction rules with automated recharge calculations. Within Xero bank reconciliation, users can match a bank statement line from one entity to an invoice in another; group bank reconciliations can be tracked with an audit log. The Free tier connects up to four entities and includes loan-account and AP/AR discrepancy matrices for identifying imbalances. Pro includes unlimited users, one-click reconciliation, automated recharge rules, and group bank reconciliation. Pro (annual) costs $65 a year, billed per month and annually; Pro (monthly) costs $130 a month, billed monthly. A 14-day trial is listed. The product lists Xero and QuickBooks integrations and live support. Translucent says it is certified for SOC 2 Type 1 and was proceeding with work toward Type 2 certification in its February 2025 update. Michael Wood started work on Translucent in 2022.