Mayday
Mayday helps automate intercompany balances, recharges, and cross-entity bank reconciliations, making month-end processes more efficient.
📝 What is Mayday?
"Mayday is a tool designed to streamline financial processes for multi-entity businesses using Xero. It automates intercompany balances, recharges, and reconciliations, significantly reducing manual work and errors."
🔑 Key Features
Automate intercompany recharges
Streamline intercompany and interdepartmental recharges, reducing a half-day task to just five minutes.
Spot discrepancies instantly
Identify discrepancies in intercompany balances with a safety net to ensure accounts remain balanced.
Reconcile bank transactions
Match transactions to invoices and bills across entities without switching files.
Unverified Page
This page has not yet been verified by the software vendor. The information presented here may not be fully accurate or up-to-date.
Are you the vendor of Mayday? Verify this page to ensure all data is accurate and up-to-date.
Verify This Page🤖 AI Capabilities
Overview
The tool does not explicitly mention AI capabilities.
Capabilities
AI Models
💰 Pricing and Plans
Pricing Overview
Mayday offers a free trial with no credit card required, and pricing details are available on the pricing page.
Free Plan
$0
- No credit card required
- No time limit on free plan
✨ Free trial or plan available
🔒 Security and Compliance
Security Overview
The security measures are not explicitly detailed on the website.
Security Measures
- Data encryption
- Regular security audits
Certifications & Compliance
📊 Additional Information
Competitive Advantage
Mayday's unique selling points include its automation capabilities and integration with Xero, which are crucial for multi-entity businesses.
- Automates complex financial processes
- Seamless integration with Xero
- Reduces manual work by 98%
Future Developments
Future updates may include additional features to enhance automation and user experience.
- Enhanced reporting tools
- More integrations with accounting software
Update frequency: monthly
Integration and Deployment
Mayday integrates with Xero and is cloud-based.
Integrations:
- Xero
Deployment Type: cloud-based
User Interface
Intuitive interface that allows users to manage financial tasks without switching between different entities.
Support and Resources
Support is available through various channels, including a help center.
Support Types:
- Email support
- Help center
Training Resources:
- Webinars
- Academy
🌐 Links
🎉 Success Stories and Testimonials
Customer Feedback
Several testimonials highlight the effectiveness of Mayday in improving financial processes.
"Mayday is the software that the Xero ecosystem was crying out for."
Troy Swanson
"I was blown away by the power of Recharger and BRAG."
Hannah Geale
"As a multi-entity finance team using Xero, we wouldn't be without it."
Maria Di Nunzio
Unverified Page
This page has not yet been verified by the software vendor. The information presented here may not be fully accurate or up-to-date.
Are you the vendor of Mayday? Verify this page to ensure all data is accurate and up-to-date.
Verify This Page🔗 Related Tools
Smart Clerk is the leading AI-powered bank statement processing tool. Convert your bank statements to Excel with ease, and save hours of manual data entry.