Paragon Gaming Selects Infinium Software, Inc. to Provide Infor Financial and Performance Management Applications
Business Software to Help Casino Operator Integrate Multi-National Operations, Enhance Visibility and Foster Future Growth.
Las Vegas, NV, November 20, 2008 --(PR.com)-- Infor today announced Paragon Gaming, a developer and operator of gaming based properties, has selected its financial and performance management applications to provide real-time visibility into the gaming company’s business. Sold through Infinium Software, Inc., a wholly-owned subsidiary of Infor, Infor FMS SunSystems and Infor PM Planning and Budgeting will seamlessly integrate within Paragon’s diverse technology infrastructure, including its corporate headquarters in Las Vegas and three properties in Canada, on Microsoft SQL servers. They will provide company-wide insight into its operations, including those of third parties, and each department’s impact on business performance.
“The gaming industry is very data intensive, and being able to utilize that data as efficiently as possible is central to our operational strategy,” said Justin Kolb, chief financial officer, Paragon Gaming. “Our business must be as agile as possible to continue offering the excitement and services that keep our customers coming back. The ability to gain a single, integrated view of our operations and analyze this data quickly is a key enabler of our ability to ensure that each of our properties will profitably deliver a great customer experience.”
The gaming industry generates volumes of data from every department, including food and beverage, marketing, operations, gaming, retail, and hotel. The financial system integrates flexible transaction processing with real-time analysis, extensive reporting, and powerful budgeting and forecasting capabilities. Combined with sophisticated planning and budgeting software, Paragon Gaming has access to daily reports with actionable information on the performance of the casino and its many departments.
“Paragon Gaming highlights the complexity that lies within gaming companies – several systems in multiple departments with a lot of financial and statistical information to be captured and the need for this information to be actionable,” said Debbie Hawkins, vice president, Hospitality Solutions Group, Infor.
“Infor and its Infinium subsidiary bring more than 25 years of domain experience in gaming and hospitality and offer business-specific applications for a variety of technology infrastructures. This combination creates enhanced value for our customers and enables us to meet their specific needs today while providing the foundation for efficient operations tomorrow.”
PAS, an Infor implementation partner with more than 15 years experience in the hospitality industry, will provide the unique skill sets required to ensure proper implementation of the solution throughout Paragon Gaming’s properties.
About Paragon Gaming
Paragon Gaming LLC of Las Vegas, founded by Diana Bennett and Scott Menke, is a developer and operator of gaming based properties. With extensive experience as both a principal and a consultant, Paragon prides itself in executing all aspects of the gaming industry, including casino management, market analysis, planning and development, financial structure, public affairs, government entitlements and approvals, and securing strategic partnerships.
About Infinium
Infinium, a wholly-owned subsidiary of Infor, is a provider of Web-integrated enterprise business solutions for gaming and hospitality organizations that include customer relationship management, enterprise asset management, human resources, payroll and financial management applications. Many of the world’s leading hotel/casinos use technology from Infinium.
About PAS
A leading provider of customized back office solutions for the hospitality industry, PAS is committed to providing cutting edge technology through its team of certified public accountants, consultants and IT professionals. Dedicated to quick implementation and expert industry knowledge, PAS delivers revolutionary applications coupled with application hosting and world-class help-desk support. Please visit us at www.profact.com for additional information.
About Infor
Infor acquires and develops functionally rich software backed by thousands of domain experts and then makes it better through continuous innovation, faster implementation options, global enablement, and flexible buying options. In a few short years, Infor has become one of the largest providers of business software in the world. For additional information, visit www.infor.com.
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Media Contacts
Cameron Smith Justin Siefert
Infor Wunderkind Public Relations
678.319.8280 404.601.3660 x113
cameron.smith@infor.com jsiefert@wunderkindpr.com
“The gaming industry is very data intensive, and being able to utilize that data as efficiently as possible is central to our operational strategy,” said Justin Kolb, chief financial officer, Paragon Gaming. “Our business must be as agile as possible to continue offering the excitement and services that keep our customers coming back. The ability to gain a single, integrated view of our operations and analyze this data quickly is a key enabler of our ability to ensure that each of our properties will profitably deliver a great customer experience.”
The gaming industry generates volumes of data from every department, including food and beverage, marketing, operations, gaming, retail, and hotel. The financial system integrates flexible transaction processing with real-time analysis, extensive reporting, and powerful budgeting and forecasting capabilities. Combined with sophisticated planning and budgeting software, Paragon Gaming has access to daily reports with actionable information on the performance of the casino and its many departments.
“Paragon Gaming highlights the complexity that lies within gaming companies – several systems in multiple departments with a lot of financial and statistical information to be captured and the need for this information to be actionable,” said Debbie Hawkins, vice president, Hospitality Solutions Group, Infor.
“Infor and its Infinium subsidiary bring more than 25 years of domain experience in gaming and hospitality and offer business-specific applications for a variety of technology infrastructures. This combination creates enhanced value for our customers and enables us to meet their specific needs today while providing the foundation for efficient operations tomorrow.”
PAS, an Infor implementation partner with more than 15 years experience in the hospitality industry, will provide the unique skill sets required to ensure proper implementation of the solution throughout Paragon Gaming’s properties.
About Paragon Gaming
Paragon Gaming LLC of Las Vegas, founded by Diana Bennett and Scott Menke, is a developer and operator of gaming based properties. With extensive experience as both a principal and a consultant, Paragon prides itself in executing all aspects of the gaming industry, including casino management, market analysis, planning and development, financial structure, public affairs, government entitlements and approvals, and securing strategic partnerships.
About Infinium
Infinium, a wholly-owned subsidiary of Infor, is a provider of Web-integrated enterprise business solutions for gaming and hospitality organizations that include customer relationship management, enterprise asset management, human resources, payroll and financial management applications. Many of the world’s leading hotel/casinos use technology from Infinium.
About PAS
A leading provider of customized back office solutions for the hospitality industry, PAS is committed to providing cutting edge technology through its team of certified public accountants, consultants and IT professionals. Dedicated to quick implementation and expert industry knowledge, PAS delivers revolutionary applications coupled with application hosting and world-class help-desk support. Please visit us at www.profact.com for additional information.
About Infor
Infor acquires and develops functionally rich software backed by thousands of domain experts and then makes it better through continuous innovation, faster implementation options, global enablement, and flexible buying options. In a few short years, Infor has become one of the largest providers of business software in the world. For additional information, visit www.infor.com.
###
Media Contacts
Cameron Smith Justin Siefert
Infor Wunderkind Public Relations
678.319.8280 404.601.3660 x113
cameron.smith@infor.com jsiefert@wunderkindpr.com
Contact
Wunderkind PR
Sara Capers
404-601-3660 x 127
www.infor.com
Sara Capers
404-601-3660 x 127
www.infor.com
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