Tuesday, June 11, 2013
Summerville-based AAP, a local provider of payroll, human resources and benefits outsourcing since 1996, has purchased Panoptic Payroll of Mt. Pleasant.
Payroll services provider Panoptic had been in business for almost two years before deciding to sell its book of business to AAP.
President of AAP William Streyffeler says “the Panoptic clients are a perfect fit for AAP because both companies have focused their payroll services approach on providing highly customizable solutions with a focus on superior customer service and we welcome them to the AAP family.”
AAP will also be able to enhance the experience of Panoptic’s customers with additional services, technology, and features that were not previously available. AAP will assume responsibility effective immediately for the payroll services of their newly acquired customers.
AAP has experienced year-on-year growth since its inception and recently relocated its headquarters to a larger space on Old Trolley Road designed to provide increased space for continued growth as well as sophisticated new technology for increased client data security.