Mayday 2.0 marks the next step in our mission to mend month end for finance teams scaling without an ERP.
October 30, 2025
David Tuck
Mayday 2.0 advances our mission to mend month end for finance teams operating without an ERP.
From day one, that mission has driven our work. For too long, finance teams have relied on spreadsheets for month end, despite rapid advances in bookkeeping and accounting tech.
We began with one of finance’s toughest challenges: multi-entity accounting. With Recharger, BRAG, and Balancer, we’ve helped Xero users automate intercompany recharges and reconciliations, delivering over 250,000 postings back to Xero and saving hundreds of thousands of hours spent on spreadsheets.
But month-end challenges aren’t limited to multi-entity organisations on Xero. They traverse every process for every finance team.
That’s why Mayday 2.0 is built to power the next generation of month-end automation for every finance team across the globe.
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With Mayday 2.0, we’re expanding from multi-entity to tackle the core accounting processes at the heart of every month end, powered by our new engine, Artificially Intelligent Recognition (AIR).
In July, we launched Deferred Revenue & Prepayments, powered by AIR, to automate the creation and recognition of deferred-revenue and prepayment schedules.
The results speak for themselves:
Hear below from finance leaders who are already automating their schedules with Deferred Revenue & Prepayments.
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And we’re not stopping there. We want to extend Mayday’s benefits to every finance team, not just those on Xero.
That’s why we’ve launched our new QuickBooks Online integration, expanding Mayday’s automation to 6.5 million global customers. Finance leaders are already scaling smarter with Mayday for QuickBooks Online. Hear below 👇
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At Mayday, M-Powering means giving the “M” of SMB, ambitious, scaling businesses, enterprise-level capability while keeping the agility and simplicity of their existing accounting system. These teams have outgrown basic bookkeeping, but they don’t want to trade flexibility for complexity.
For them, moving to an ERP isn’t a milestone, it’s a setback. A typical migration takes two years and costs up to 10× more than building a connected, best-of-breed stack around Xero or QBO.
M-Powered finance means doing exactly that: combining Xero + Mayday with a curated ecosystem of tools for consolidation, approvals, spend, and reporting — a setup that’s faster to implement, easier to maintain, and far more cost-effective.
And we’re seeing it firsthand.
In the past 12 months alone, we’ve supported:
…all running with Xero + Mayday + Tech stack, not ERP, proof that the next generation of finance teams are scaling smarter, not heavier.
We’ve seen what M-Powered finance looks like in practice and the results speak for themselves. Across industries and company sizes, Mayday helps finance teams close faster, reduce errors, and regain time for higher-value work.
With over 300 reviews on the Xero App Store and a 4.98 average rating, we’re proud to hear how M-Powered finance teams are redefining what month end can look like. Hear the love directly from the above customers in our highlights video below.
Mayday 2.0 is just the beginning. We’re expanding automation across every aspect of the month-end close, adding core products like Accruals and Accrued Revenue, and building our upcoming Agent Month End to orchestrate the entire close process.
Alongside product evolution, we’re investing in the community that powers it. Through CFO Techstack, our content and events hub for forward-thinking finance leaders, we’re sharing real stories, practical tools, and emerging best practices for teams scaling without an ERP.
Our mission remains the same: to M-Power finance teams to mend month end, and scale confidently with Xero and QuickBooks Online at their core.
Ready to get started? Sign up with our 30-day trial here!
