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Head-to-head · Financial Close Software

FloQast vs Mayday

  • Updated Oct 2026
  • Both researched from official sources
  • 6 checks side by side
Higher score FloQast #1 in Financial Close Software 9.3/10 Pricing on request ✓ 5 of 5 features Visit FloQast
Mayday #11 in Financial Close Software 8.1/10 Free plan · 30-day trial Free planFree trial✓ 4 of 5 features Visit Mayday

FloQast leads on 0 checks, Mayday on 1, and 5 are even. Who comes out ahead on the 6 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreFloQast · 9.3/10
  • Free planonly Mayday
  • Free trialonly Mayday
  • Most featuresFloQast · 5 of 5

FloQast scores higher on our rubric for financial close software: 9.3 against 8.1 out of 10; our editors rank them #1 and #11.

Mayday offers free plan; FloQast doesn't. On erp connectivity, Mayday gives you Api where FloQast offers Native.

FloQast is the better fit for mature teams needing comprehensive close control. Mayday is the better fit for small multi-entity finance teams.

  • FloQast fits best

    Mature teams needing comprehensive close control

  • Mayday fits best

    Small multi-entity finance teams

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

Side by side

Feature FloQast 9.3/10 Visit ↗ Mayday 8.1/10 Visit ↗
At a glance
Editor score 9.3 8.1
Ranking #1 in Financial Close Software #11 in Financial Close Software
Best for Mature teams needing comprehensive close control Small multi-entity finance teams
Pricing model Paid Free plan + paid
Starting price — £12.50/mo
Free plan — ✓ (best)
Free trial — 30 days
Deployment Cloud Cloud
Platforms Web Web
Support Phone, Tickets, Docs Live chat, Docs
Compliance SOC 2 2FA
Integrations 20 integrations 3 integrations
Built for Mid-market, Enterprise Small business, Mid-market
Features FloQast 5/5 · Mayday 4/5
Task dependencies ✓ (best) Not checked yet
Approval workflows ✓ ✓
Audit trail ✓ ✓
Multi-entity close ✓ ✓
Recurring templates ✓ ✓
Specs
ERP connectivity Native Api
Our review
Pros
  • Centralizes close tasks, dependencies, approvals, and audit evidence
  • Automates reconciliations, transaction matching, and journal entries
  • Supports multi-entity visibility, compliance workflows, and ERP connectivity
  • Free plan supports a two-entity group
  • Close tasks, reconciliations, approvals, and audit logs
  • Automates intercompany balances, recharges, and variance analysis
Cons
  • Pricing requires a sales contact
  • No free plan is available
  • The full scope may exceed the needs of smaller teams
  • Integrations focus on Xero, QuickBooks Online, and Intuit Enterprise Suite
  • Web-only platform
  • Advanced capabilities cost more across paid tiers
Our verdict

FloQast is an accounting workflow automation platform for finance and accounting teams managing period-end close, reconciliations, approvals, reporting, and compliance. It is designed for accountants, controllers, internal audit teams, and…

Read the review →

Mayday is a web-based month-end automation and close-management platform for finance teams using Xero, QuickBooks Online, or Intuit Enterprise Suite. It brings together task and checklist management, balance-sheet reconciliations, review…

Read the review →
  1. FloQastFinancial Close Software 9.3Pricing on request
  2. MaydayFinancial Close Software 8.1Free plan · 30-day trial

Strengths and trade-offs

  • FloQast — where it wins

    • Centralizes close tasks, dependencies, approvals, and audit evidence
    • Automates reconciliations, transaction matching, and journal entries
    • Supports multi-entity visibility, compliance workflows, and ERP connectivity

    Where it doesn't

    • Pricing requires a sales contact
    • No free plan is available
    • The full scope may exceed the needs of smaller teams

  • Mayday — where it wins

    • Free plan supports a two-entity group
    • Close tasks, reconciliations, approvals, and audit logs
    • Automates intercompany balances, recharges, and variance analysis

    Where it doesn't

    • Integrations focus on Xero, QuickBooks Online, and Intuit Enterprise Suite
    • Web-only platform
    • Advanced capabilities cost more across paid tiers
  • FloQast9.3/10 · Pricing on request

    A mature close platform for teams that need control across accounting and compliance.

    Visit FloQastFull verdict →
  • Mayday8.1/10 · Free plan · 30-day trial

    A low-cost close platform for small multi-entity teams using supported accounting systems.

    Visit MaydayFull verdict →

More comparisons

All financial close software comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update