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FloQast vs Mayday

FloQast logo

FloQast

7.1#4 in internal controls softwareFrom $999 a month
WebAPImacOSWindows
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Mayday

7.4#2 in financial close softwareFree plan
Free planWebExtension
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What both publish

FactFloQastMayday
Close workflowThe platform centralizes close checklists, task ownership, due dates and status visibility.It identifies missing or incorrect entries, calculates adjustments for review and approval, then posts approved journals to Xero or QuickBooks.
Company sizeLinkedIn lists company size as 501–1,000 employees.LinkedIn lists Mayday as a privately held software-development company with 11–50 employees.
ComplianceFloQast provides connected compliance workflows intended to maintain audit-ready evidence and controls.The maker states it complies with UK/EU GDPR requirements and aligns privacy practices with the Australian Privacy Principles.
Founded2013LinkedIn gives Mayday’s founding year as 2021.
HeadquartersLos Angeles, California, USUnited Kingdom
IntegrationsFloQast lists integrations across ERP, banking, accounts payable, collaboration, communication, documentation, identity management, and payroll, including ADP, Box, Google Drive, Microsoft Teams, and Slack.Mayday connects with Xero, QuickBooks Online and Intuit Enterprise Suite; product pages describe one-click posting back to the accounting systems.
PurposeFloQast is an accounting workflow automation platform built to help accounting teams manage close, reconciliation, accounting operations, and compliance workflows.Mayday is a month-end platform for finance teams using Xero, QuickBooks Online, or Intuit Enterprise Suite.

FloQast plans

  • FloQast$999 a month
  • FloQast (customized package)Priced on request

Mayday plans

  • BasicFree
  • Passive£10 a month
  • Accrued Revenue£10 a month
  • Active£10 a month
  • Advanced£10 a month
  • Accrued Costs£10 a month

Pick FloQast if…

FloQast is aimed at accountants and teams working in accounting, finance, controllership, audit, or compliance. It may suit organizations coordinating close work across multiple teams or entities.

Pick Mayday if…

Mayday suits finance teams closing the month in Xero, QuickBooks Online, or Intuit Enterprise Suite, especially large and multi-entity businesses. Accountancy firms can also consider its Bureau plans, while teams needing review and approval workflows can use those features as part of the close process.

Charts they share