Accounts Payable Services & AP Automation Providers in Southfield, MI

Esshaki & Associates, PLLC is a certified public accounting firm based in Southfield, Michigan. It works with owners of smaller and mid-market companies, nonprofit organizations, professionals and individual households. The firm reports more than two decades in practice and pairs tax work with ongoing bookkeeping, payroll and advisory engagements.

Buyers looking for accounts payable help should note that the firm does not market a standalone AP product or automation platform. Payables-related work instead falls within its broader outsourced bookkeeping, controller and CFO offerings.

Bookkeeping and Back-Office Support

The firm's small business practice covers routine transaction recording, outsourced bookkeeping, invoicing, inventory tracking and the preparation of financial statements. It also helps clients build budgets and forecasts and keep cash moving predictably, which ties directly into how and when vendor bills get paid.

Companies that run their books in QuickBooks can get help with the software, including guidance on using it to make daily financial processes more efficient. For businesses that report payments to contractors, the payroll team prepares 1099 forms alongside W-2 and W-3 filings.

Controller and CFO Services

Organizations that need senior financial oversight without a full-time hire can engage the firm on a part-time or interim basis as CFO or controller. In that role the team handles financial analysis and reporting, cash flow management, operations reviews and risk management. It can also advise on strategic planning, raising capital, due diligence and mergers or acquisitions.

The firm trains in-house accountants and bookkeepers as well. That option suits companies that want to keep payables processing internal while improving its accuracy.

Services relevant to finance and back-office buyers include:

• Outsourced and day-to-day bookkeeping
• Invoicing and inventory management
• Financial statement preparation
• Budgeting, forecasting and cash flow oversight
• Part-time CFO and interim controller engagements
• QuickBooks consulting and support
• Payroll processing, direct deposit and payroll tax filings
• Preparation of 1099, W-2 and W-3 forms
• Workers' compensation audits and unemployment claim management

Industries and Related Services

The firm highlights experience with construction companies, law firms, medical practices and real estate businesses. Beyond accounting, it offers tax preparation and planning and IRS tax resolution. It also assists with entity selection and incorporation for S corporations, C corporations, LLCs and partnerships, along with business plan development. Trust and estate planning and wealth management round out its services. Its website also links to an affiliated legal practice, Esshaki Law.

Working With the Firm

Prospective clients can begin with a free initial consultation, and existing clients exchange documents through a secure online file-sharing tool. The firm emphasizes confidential, individually tailored service. It describes its team as keeping up with shifts in employment law, worker classification rules and annual tax compliance requirements. A newsletter delivers tax deadlines and planning tips to subscribers.

The firm operates from a single office in Southfield, which makes it a local option for metro Detroit companies that want payables handled as part of a full-service bookkeeping and advisory relationship rather than through a dedicated AP software vendor.

Overview

The Wayntraub Group is an accounting firm in Southfield, Michigan, and it is licensed in the state. Its clients include business owners, executives, independent professionals and individual taxpayers. The firm offers bookkeeping, outsourced financial management, assurance, advisory and tax work. Buyers looking for accounts payable support should view it as a full-service accounting practice. It handles payables as part of a wider outsourced finance relationship. It is not a standalone AP automation vendor.

Accounts payable within outsourced CFO work

Payables support comes mainly through the firm's Part-Time CFO Services. Under this arrangement, a small or growing company gets a dedicated financial professional without paying for a full-time chief financial officer or controller. The engagement covers both payables and receivables, so vendor bills and incoming customer payments sit under the same outside oversight. Other parts of the engagement include:

• Financial statements on a monthly, quarterly or yearly cycle
• Forecasting to support planning and borrowing decisions
• Advice on improving cash flow and profitability
• Strategic tax planning, plus compliance for payroll and sales and use taxes
• Designing an accounting system and the controls around it

The same team that processes payables also prepares statements and forecasts. Buyers can therefore expect AP activity to feed directly into cash planning and reporting. The firm aims this service at start-ups, at businesses past their first few years, and at companies getting ready to expand.

Supporting accounting and controls services

Outside the CFO offering, the firm provides small business accounting, in which it keeps a client's books on the client's behalf. It also offers standalone bookkeeping for clients in a range of industries. Its internal controls service looks at how a company's operating procedures actually work and then recommends improvements.

That review can help businesses worried about approval workflows, segregation of duties or payment risk. For organizations that need outside assurance for lenders, investors or stockholders, the firm performs audits, reviews and compilations at three levels of assurance.

Other offerings include business advisory and strategic planning, help forming new businesses, and accounting for non-profit organizations that need to protect their tax-exempt status.

QuickBooks and technology

The firm supports both the desktop and cloud versions of QuickBooks, with setup, training and tune-up services. This helps companies that want a paperless way to record bills and expenses, track income and spending, and run custom cash flow reports. The firm does not describe a proprietary AP automation platform. Its technology work centers on QuickBooks and a secure client portal for exchanging information.

Industries and approach

The Wayntraub Group points to experience with construction companies, dental practices, healthcare providers and law firms. It says its work rests on professionalism, responsiveness and quality, and it offers prospective clients a free initial consultation. Its tax practice covers individual and business returns along with year-round planning. This lets a business keep payables, bookkeeping and tax matters with one local firm.