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Maxima vs Mayday

Mayday

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

FactMaximaMayday
ComplianceThe 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.
HeadquartersSan Francisco, California, United StatesUnited Kingdom
IntegrationsMaxima 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.
PurposeMaxima 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.
SecurityThe 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.

Maxima plans

  • Custom pricingPriced 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 Maxima if…

You want what its maker publishes above — check its page for the details.

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