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Mayday vs NetClose

Mayday

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

FactMaydayNetClose
FoundedLinkedIn gives Mayday’s founding year as 2021.2018
PurposeMayday 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.
SecurityThe 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.
SupportThe 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.

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

NetClose plans

  • NetClosePriced on request

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.

Pick NetClose if…

NetClose suits accounting teams that use NetSuite and need structured, automated close work. It fits organizations requiring approvals, audit trails, multi-entity close, and controlled access.

Charts they share