For finance teams grappling with the complexities of month-end close, Mayday has landed $4.0M in Seed funding to further develop its automation platform. The company, founded in 2021, specializes in mending tedious intercompany and core accounting workflows for businesses scaling with Xero or Quickbooks Online, especially those managing multiple entities or high transaction volumes.
Mayday's suite of tools bridges the gap between bookkeeping and reporting, automating tasks like accruals, prepayments, and intercompany reconciliations. This allows finance professionals to improve accuracy, save significant time, and shift focus to higher-value activities, moving beyond spreadsheet stress.
