Analysing your P&L to understand fluctuations in balances month on month can take hours - from exporting all the required information, getting it in the right format and then digging in to the transactions driving the changes - it’s a very manual process and one you often have to repeat when you notice gaps in the numbers or identify errors in postings.
Mayday Flux is here to automate all that manual leg work, giving you more time to focus on the bits that really matter - adding value by providing insights and context to the fluctuations.
We automatically sync your data from your accounting file and calculate the variance month on month, so all you have to do is explain the story.
We notify you if the balance changes after you have added your comments, that way, you know you’re always looking at the most up to date version of the numbers and can ensure the commentary stays in line.
Once you’re done, you can export the P&L, including all of the commentary and the approvals to csv, to share with any stakeholders, without them needing access to Mayday.
What is Mayday Flux
Mayday Flux is a tool to analyse and provide commentary on P&L fluctuations
Written by Andrea Sellers
