novacly vs Mayday

novacly8.5Visit Mayday8.1Visit

Higher score novacly #7 in Financial Close Software 8.5/10 Free plan Free plan✓ 5 of 5 features Visit novacly

vs

Mayday #11 in Financial Close Software 8.1/10 Free plan · 30-day trial Free planFree trial✓ 4 of 5 features Visit Mayday

• novacly fits best

  Budget-conscious teams wanting broad close coverage

• Mayday fits best

  Small multi-entity finance teams

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Side by side

Feature	novacly 8.5/10 Visit ↗	Mayday 8.1/10 Visit ↗
At a glance
Editor score	8.5	8.1
Ranking	#7 in Financial Close Software	#11 in Financial Close Software
Best for	Budget-conscious teams wanting broad close coverage	Small multi-entity finance teams
Pricing model	Free plan + paid	Free plan + paid
Starting price	—	£12.50/mo
Free plan	✓	✓
Free trial	—	30 days
Deployment	Cloud	Cloud
Platforms	Web	Web
Support	Email	Live chat, Docs
Compliance	GDPR, 2FA	2FA
Integrations	3 integrations	3 integrations
Built for	Mid-market, Enterprise	Small business, Mid-market
Features novacly 5/5 · Mayday 4/5
Task dependencies	✓ (best)	Not checked yet
Approval workflows	✓	✓
Audit trail	✓	✓
Multi-entity close	✓	✓
Recurring templates	✓	✓
Specs
ERP connectivity	Api	Api
Our review
Pros	Free beta access includes all 200+ features and unlimited entities Covers close management, reconciliations, journals, consolidation, and FP&A Audit logging, Excel support, and AI-assisted finance workflows are included	Free plan supports a two-entity group Close tasks, reconciliations, approvals, and audit logs Automates intercompany balances, recharges, and variance analysis
Cons	Live integrations are limited to Excel, CSV, and API Native QuickBooks, Xero, NetSuite, and Sage connectors are roadmap items The platform is currently in beta	Integrations focus on Xero, QuickBooks Online, and Intuit Enterprise Suite Web-only platform Advanced capabilities cost more across paid tiers
Our verdict	novacly is a cloud platform for financial close, consolidation, reporting, budgeting, and forecasting. It is designed for finance teams managing multiple entities, including mid-market organizations, private-equity portfolio rollups,… 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 →

Strengths and trade-offs

• novacly — where it wins

  • Free beta access includes all 200+ features and unlimited entities
  • Covers close management, reconciliations, journals, consolidation, and FP&A
  • Audit logging, Excel support, and AI-assisted finance workflows are included

  Where it doesn't

  • Live integrations are limited to Excel, CSV, and API
  • Native QuickBooks, Xero, NetSuite, and Sage connectors are roadmap items
  • The platform is currently in beta

• 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

• novacly8.5/10 · Free plan

  Broad close coverage at no platform cost during beta, with limited live integrations.

  Visit novaclyFull 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 →