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Mayday vs Verfi Close

Mayday

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

FactMaydayVerfi Close
AccrualsAccruals manages recurring and ad-hoc cost or revenue accruals and can suggest new accruals and reversals from ledger data.Monthly accruals support custom fiscal periods, anomaly flags, and automatic reversing entries for the following period.
IntegrationsMayday connects with Xero, QuickBooks Online and Intuit Enterprise Suite; product pages describe one-click posting back to the accounting systems.The site names Microsoft Business Central, NetSuite, QuickBooks, SAP, Sage Intacct, and Xero as ERP connections.
PurposeMayday is a month-end platform for finance teams using Xero, QuickBooks Online, or Intuit Enterprise Suite.Verfi says it connects to the general ledger, bank, vendors, and contracts to automate accruals, reconciliations, and audit preparation.
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.Verfi states that its SOC 2 Type 2 audit is underway and that a report is available under NDA.
SupportThe pricing FAQ says in-app support chat receives a personal response within hours, often within minutes.Verfi offers a 30-minute sample close demo and says it will respond to demo requests within one business day.

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

Verfi Close plans

No prices published.

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 Verfi Close if…

Verfi Close is aimed at finance teams handling month-end close, particularly those working across entities or using the named ERP integrations. The site also presents examples involving real estate operators, property managers, and accounting firms.

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