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Midday
AGPL-3.0Midday replaces Harvest with live bank feeds, automated receipt matching, and client invoicing to give agencies real-time visibility into project margins.
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Overview
Harvest charges recurring seat fees while leaving agency operators to manually reconcile bank statements against logged hours at billing time. Midday replaces that delay by uniting live bank feeds, receipt matching, and client invoicing in one TypeScript workspace. Small studios and operations leads gain immediate visibility into cash flow and project margins without waiting on monthly bookkeeping.
Why Midday instead of Harvest
Harvest excels at tracking project hours, but treats financial reconciliation as a detached retrospective. Operations leads must export timesheets, generate billing, and manually confirm customer deposits against bank records. Midday bypasses this cycle by connecting directly to financial institutions through GoCardless, Plaid, and Teller. Daily transaction syncing matches receipts and invoices immediately, eliminating weeks of spreadsheet reconciliation after project delivery.
The operational gap widens around workflow performance and financial feedback. While Harvest depends on manual categorization rules and static reports, Midday's ingestion pipeline pairs incoming receipts directly to cleared transactions using automated metadata matching. Midday does forgo Harvest's deep manager approval tiers and legacy project tracker integrations. Yet teams migrating from Harvest gain continuous financial feedback and zero seat penalties on contractor seats, running on a consolidated monorepo stack.
What it does well
- Automated bank feeds: Connects to North American and European institutions via Plaid, Teller, and GoCardless, streaming live balances and transactions without manual exports.
- Ingestion pipeline: Matches uploaded receipts to cleared bank transactions through automated document parsing, cutting down month-end reconciliation to minutes.
- Project invoicing: Converts tracked billable hours into customizable web invoices featuring Stripe payments and European Peppol e-invoicing compliance.
- Real-time runway tracking: Computes net revenue, profit margins, and burn rates dynamically, giving agency founders immediate financial clarity instead of lagging statements.
- Multi-channel capture: Ingests expense receipts forwarded across email, Slack, WhatsApp, and Telegram, keeping contractor submissions organized without requiring portal logins.