“Three years ago, we gathered a room full of casino accounting and technology experts. 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,” says Lindan Elliott - Intacct - Practice Manager/Partner.
Having recently merged with Top 20 accounting firm Wipfli LLP, JOSEPH EVE CPAs’ Kalispell, Montana, 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 everyone 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.
We see it potentially being a game changer in the casino landscape. It’s the #1 cloud-based solution, at price point that is highly cost effective, allows rapid deployment and enables best-in-class internal controls and efficiencies
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. “At the start of the implementation, there were eight accounting staff and a full-time IT manager dedicated to the current accounting system. One year later, they had just four accounting staff managing multiple properties and had fully reallocated the IT manager to another department. Their month-end close time was reduced by 80 percent, and the return on investment for CasinoEdge was a staggering 300-plus percent,” adds Jason Winkler, Director of Business Development for the cloud solution practice at Wipfli-JOSEPH EVE.
Wipfli-JOSEPH EVE’s offerings are not limited to just its accounting platform; the company also offers a training solution that caters to the compliance requirements of its customers. JE University is a Title 31 anti-money laundering, on-demand training platform that enables casinos and card clubs to adhere to the requirements of the Bank Secrecy Act. The platform reinforces all of the processes and controls that are built within the various Wipfli-JOSEPH EVE solutions.
A game changer in the casino landscape, Wipfli-JOSEPH EVE is focused on equipping gaming organizations with cloud-based solutions at price points that are cost effective, allow rapid deployment, and enable best-in-class internal controls and efficiencies.