Finance teams no longer need to spend their limited time on painstaking, manual processes to identify and create accruals and reversals.
Mayday Accruals automates the process so you can spend your time on the bits that really matter - adding value by providing insights and context to the numbers.
Our AI will suggest accruals based on past behaviours and trends and anything posted in future periods relating to the last, and will identify when actuals come in and are ready to be reversed. You remain in full control and can accept or reject the suggestions as required.
Accruals is a single entity product, meaning you can turn it on at the entity rather than the group level and use it only on those entities where you see value.
If you would like any additional support or have any questions for the team, please get in touch using the chat support function, or via our email: support@getmayday.com
Continue to Step 1: Get set up with Accruals