Streamlining branch operations, simplifying banker workflows, and boosting wallet share: MANTL unveils solution for mass account openings.
In a significant stride towards enhancing operational efficiency and deepening relationships with business customers, MANTL, a leading provider of loan and deposit account opening technology, has launched its new feature - MANTL Bulk Account Opening. This innovative solution is an Alkami solution team's brainchild, designed to revolutionise the banking industry.
MANTL Bulk Account Opening allows financial institutions to open multiple retail or business accounts through a single application. This streamlined process reduces the administrative burden, freeing up resources to focus on building stronger relationships with customers. The goal is clear: to boost operational efficiency, deepen customer relationships, and grow wallet share.
Ascend Bank in Connecticut has already embraced this game-changing technology, enabling the opening of up to 14 business accounts in a single workflow. This improvement in operational efficiency not only saves significant time but also reduces the risk of errors, as stated by Alex Sulpasso, executive vice president and chief operating officer at Ascend Bank.
For businesses and households with multiple accounts, bulk account opening transforms convenience into true value. This feature is particularly beneficial for in-branch business account onboarding, delivering substantial efficiency gains for frontline teams. Early adopters have already reaped the benefits, opening multiple accounts in a single, streamlined application workflow.
MANTL Bulk Account Opening is a natural evolution of digital onboarding, bridging efficiency with client satisfaction. By setting Ascend Bank apart in a crowded market, this feature aims to create a banking experience that is not only efficient but also personal and relationship-focused.
In a world where time is of the essence and customer satisfaction is paramount, MANTL Bulk Account Opening is poised to redefine the banking landscape, making it more efficient, personal, and valuable for both financial institutions and their customers.
