Case Study: LTC Ally scales AP and onboards 30 skilled nursing facilities a month with Stampli

LTC Ally onboards 30 skilled nursing facilities a month with Stampli

LTC Ally, a provider of back-office accounting services to over 400 skilled nursing and assisted living facilities, faced a challenge scaling its accounts payable operations. Their rapid growth of onboarding up to 30 new facilities per month was unsustainable because each facility had unique vendors, workflows, and compliance needs, creating a massive administrative burden. They needed a solution to achieve economies of scale without proportionally increasing staff, leading them to the AP automation vendor Stampli and its solution integrated with Sage Intacct.

Stampli implemented its AI-powered platform, Billy, which streamlined the onboarding of each new facility to just one day by syncing data from Sage Intacct and learning each entity's unique processes. This solution significantly reduced manual data entry and eliminated human error. The results for LTC Ally were a dramatically improved employee-to-facility ratio and a faster monthly close process. Stampli's implementation became a significant revenue driver, directly impacting the bottom line by enabling the company to onboard new nursing homes more rapidly and efficiently.

LTC Ally