Accounts Payable Services & AP Automation Providers in Woodinville, WA

PRESAGE Financial is a bookkeeping and financial management firm for smaller and mid-sized companies. Its Washington office is in Woodinville, and its service area runs across Western Washington from Everett down to Vancouver, including Seattle, Tacoma, Bellevue and Redmond. The firm also has a base in Palm Coast, Florida, serving the region between Jacksonville and Orlando.

Because it works largely as a virtual practice, it also takes on clients in other parts of the country. The operating entity named on the site is LJP Enterprises LLC.

Accounts payable within a broader bookkeeping relationship

PRESAGE does not offer AP as a standalone automation platform. It handles payables as an optional add-on to its recurring bookkeeping engagements. Its core package covers transaction entry, account reconciliation, standard financial statements, and Washington excise and business and occupation tax filings at both the state and city level. Clients who want more can add vendor-related and reporting work:

• Accounts payable handling
• Accounts receivable handling
• Collection and tracking of vendor W-9 forms
• Year-end 1099 preparation and processing
• Custom financial statements and additional reporting
• Loan and asset management

For buyers who want payables managed by the same team that keeps the general ledger and files local tax returns, this setup keeps vendor records, reconciliations and year-end information returns in one place. The firm works mainly in QuickBooks Online. Its readiness assessments include a review of whether a company on another system can practically move to QBO.

How engagements work

Each engagement starts with a conversation about the client's goals, and the scope is then built to fit. Monthly or weekly bookkeeping is the cadence the firm considers most valuable, but it will also work quarterly or at whatever frequency a client prefers.

Recurring work is billed as a fixed yearly amount split into equal monthly installments, which makes costs predictable. One-off projects can be billed at a flat or hourly rate. The firm can also help sort out problems from periods before the engagement began. Its cleanup service clears backlogs that may span several years.

Its readiness assessments combine a system migration review, a general ledger check of the balance sheet, profit and loss and undeposited funds, and a meeting to walk through the recommendations.

Team and credentials

Chief Executive Officer Linda Porreca has more than two decades of management experience and a background in business process improvement. She is a Certified Bookkeeper, a Certified QuickBooks ProAdvisor, a member of NACPB and AIPB, a Six Sigma Lean Professional, a Change Management Specialist, and an authorized federal tax return preparer.

Chief Operating Officer Phil Porreca studied finance at SDSU and spent many years in technology leadership. He oversees daily operations and leads the advisory practice, which helps clients set and track KPIs. The client support team includes account specialists with accountancy degrees.

One of them, Lourdes Espanto, brings direct experience managing payables and receivables, along with payroll, reconciliations and excise tax work.

Industries and other services

The firm lists professional services, construction, residential and commercial service providers, and retail and hospitality as focus industries. Its blog covers construction topics such as job costing and mechanics liens. Client testimonials come from gyms, medical and child care providers, restaurants, builders, landscapers and game retailers. Beyond bookkeeping, PRESAGE offers payroll management, business formation and ongoing corporate compliance filings, and business advisory, so companies can bring several back-office finance functions under a single provider.