Two Little Rock companies have merged to provide expanded payroll services. On Aug. 23, The Payroll Company (TPC) acquired the payroll clients of CFO Network and will now provide an even higher level of service to their clients.
The Payroll Company was founded in 2001 in Springfield, Missouri. Since that time, it has grown rapidly in employees and services, and now has offices in Springfield, Kansas City, Bentonville and Little Rock.
According to TPC CEO Greg Kollmeyer, “The change will allow TPC to offer a more robust payroll and human resource cloud-based solution to current CFO Network clients. Our staff, combined with the CFO Network payroll team, are first-class payroll and HR experts that can offer clients a world class solution to issues companies face.”
CFO Network was founded in 2004 in Little Rock and will continue to offer first-class services in the areas of outsourced accounting and CFO services, according to CFO Managing Director, Allen Engstrom.
“Our vision for success for our clients and team has always been, ‘The best local service paired with the best-in-class technology platform.’ When we took an honest assessment, we realized a partnership with The Payroll Company was the ultimate fulfillment of this vision. TPC has the best technology and a deep team of specialists to pair with our already amazing team. We are extremely excited for our clients and our team going forward,” added Engstrom.