Rapid changes in casino technology, combined with ever-changing regulatory requirements, are forcing the gaming industry to take a closer look at financial process management and overall accounting processes.
Though the market is seemingly replete with accounting solutions, features such as instantaneous scalability, real-time multi-property consolidated financials, full workflow and process automation, and a 100-percent true cloud platform are a rarity. Wipfli-Joseph Eve proves its mettle in catering to the specific requirements of casino accounting with CasinoEdge powered by Sage Intacct, No. 1 customer-rated cloud-based accounting solution.
“Three years ago, we gathered a room full of casino accounting and technology experts,” says Lindan Elliott, practice manager and partner at Intacct. “We spent a week brainstorming with the goal of combining cutting-edge accounting technology and a gaming configuration that looks, feels and works like it is specifically designed for the casino industry.”
Having recently merged with Top 20 accounting firm Wipfli LLP, Joseph Eve CPAs technology division is a nationally recognized implementer and servicer of Sage Intacct cloud accounting and financial management software. The firm specializes in implementing solutions for highly regulated industries such as gaming, mortgage, grant-funded agencies, government contractors, and various nonprofit organizations.
“Our team of experienced CPAs and IT and financial professionals are an added benefit for every one of our technology customers, versus working with a company that knows only accounting or software implementation,” says CasinoEdge co-creator and Wipfli-Joseph Eve partner Grant Eve.
Joseph Eve’s nearly three decades of expertise in the gaming arena and gaming solutions innovation in the Intacct marketplace were key contributing factors to the merger with Wipfli. CasinoEdge’s powerful analytics and reporting tools display all the vital metrics, from top-level summaries of accounting information to the granular, transaction-level details.
The solution’s mobile application delivers a real-time health check to all department heads via a smartphone or tablet. With CasinoEdge, consolidation of financials for multiple locations and entities is seamless.
Furthermore, CasinoEdge offers the highest levels of internal controls and workflow automation of accounting processes.
In a short time, CasinoEdge has been implemented into more than 20 properties. One dramatic CasinoEdge success came from a multi-location organization in the Pacific Northwest that was opening an additional property but at the same time struggling with the need to reallocate labor resources.
For more information, visit wipfli.com.