CFO Techstack

Delighted to see Mayday win the Xero People’s Choice Award! Here’s why I voted them as the app that made the biggest difference to my day-to-day Finance work at Kyra 👇🏿 It has made month-end so much smoother! I was spending hours reconciling intercompany transactions one by one, and I can now do it with a click of a button 😮💨 If you want to see why they’re the People's Choice winner, check out their website here https://lnkd.in/e3B7UuXs #XeroAwards #Mayday #PeopleChoiceAwardWinner

At Arbolus, we manage multi-entity accounting across the UK, Spain, India and the US, all on Xero. When I joined, our month-end process was heavily manual. Balancing intercompany accounts, reconciling transactions, and maintaining consistency across entities took hours of spreadsheet work every month 🤯 It wasn’t scalable, and any small edits required manual, painful work that dragged out the process. When we implemented Mayday, that all changed 😌 Automation now handles the heavy lifting, intercompany recharges, completing intercompany reconciliations, and keeping everything in sync at the click of a button. What used to take hours now takes 10–15 minutes once the single entity accounts are reviewed. It’s faster, cleaner, and far less stressful, and has freed up time for the team to focus on financial analysis and more strategic work 🚀 If you’re a multi-entity business on Xero looking to make month-end automation smoother and more structured, here’s how we approached it at Arbolus: https://lnkd.in/djJpxvrV #MonthEnd #Automation #Xero #FinanceTransformation #AccountingTech #CFO

It was an easy yes when Mayday asked for a testimonial! Our month-end used to be slow and spreadsheet-driven across multiple entities and currencies. It just wasn’t scalable. Since implementing Mayday, Balancer reconciles inter-company balances in seconds, and Recharger turned hours of recharge work into a one-click task. The impact? Hours saved every month, faster close, less stress. One very happy customer right here. https://lnkd.in/eaFfT88g

At EncompaaS, a fast-growing enterprise AI data platform, a truly scalable business starts with a connected tech stack. Ensuring that finance, operations and people systems can work seamlessly together has been key, as it allows us to scale without chaos and keep every part of the business moving in the same direction. Here’s how I’ve built our finance stack at EncompaaS, as featured in CFO Techstack’s How I Stacked It series: 💡Xero – the backbone to our accounting and general ledger 💡Mayday – for intercompany and deferred revenue & prepayments 💡Airwallex – for simple global treasury management 💡Harvest - for project management 💡Mosaic.tech - for FP&A Check out the full article below for my full reasons behind some of these tools! https://lnkd.in/gnd2QZbu

At TWIYO, we work with start-ups and scale-ups to help them navigate complex financial challenges and unlock their full potential. When it comes to building scalable finance functions, here’s the tech stack we typically recommend for early-stage businesses: Xero The glue that holds everything together at the general ledger level. Mayday: Automates intercompany processes; we’ve helped several clients select Mayday and the efficiency gains are significant. Employment Hero: Our go-to for payroll; it’s worth the early investment for long-term scalability. Fathom: Powerful for reporting and consolidations, with customisable dashboards and forecasting. Hubdoc: A simple, effective first step into automated data capture and AP for early-stage businesses. I shared the full story, including why these tools make such a difference for startups, in my How I Stacked It feature on CFO Techstack: https://lnkd.in/g4g6x8Xa One other thing I'll add is that getting comfortable and really good with a base set of tools is really important. Changing for only small or aesthetic benefits doesn't always outweigh mastery, especially when doing it at scale.

At Calxa, we’ve spent over a decade helping Not-for-Profits and small businesses take control of their budgeting and cashflow forecasting and we know just how powerful the right tech stack can be. Here’s the tech stack we built that keep our own finance operations running smoothly and helped us scale: Mayday – Simplifies our intercompany recharges and keeps month end consistent. Airwallex – Makes international payments effortless, from Ukraine to Switzerland, with great approval workflows and virtual cards. Calxa – Our own software for consolidated reporting and 3-way forecasting across group accounts. WHMCS – Manages our subscriptions reliably (even if it’s not the prettiest!) — now fully integrated with Xero thanks to our team. Xero – The glue that holds it all together at the general ledger level. I shared the full story with CFO Techstack about how we built Calxa’s internal tech stack and how these tools help us scale — you can read it here: https://lnkd.in/gdSZ2-AE CFO Techstack Mayday