Cross-channel origination provider MANTL has rolled out a new feature called Application Comments. This will help banks and credit unions speed up application review processes while reinforcing compliance. The feature embeds time-stamped, immutable notes directly inside application workflows. It offers a full audit trail and real-time collaboration. On the MANTL Platform, teams can view every action and decision in context. Also, reduce back-and-forth and risk of miscommunication.
Collaborative Review and Audit Transparency
Application Comments provides a common area for the branch and the call center teams. The teams can highlight problems, write notes on decisions, and give the department their tasks in the workspace without any misunderstanding. Besides, the trace of the time-stamped comments is what produces the audit trail. The trail is a way to improve supervision and be ready for the regulation at any time. Banks are allowed to see the final decisions and also the process, and the exact time of the documentation. It decreases the chance of non-compliance with the law. Also, facilitates the internal investigations to be done with higher precision.
Operational Efficiency and Compliance Gains
Additionally, MANTL notes that roughly 85% of applications processed through its platform require no human review. The new feature targets the remaining manually reviewed 15% to accelerate resolution. The company says Application Comments cuts review time and consolidates context. Also, gives teams a single source of truth. By integrating review workflows directly into the application environment, organizations reduce email threads. Also, reduce version conflicts and lost information.
Why It Matters for Financial Institutions
As a result, organizations that are under strict regulations are compelled to digitize their opening and loan workflows. At the same time, they have to maintain audit-ready logs. MANTL with Application Comments is a solution that meets both these demands. Teams can collaborate faster, and compliance departments get better visibility. The combination supports both speed and safety, a critical balance in financial services.
In summary, the introduction of Application Comments marks a meaningful evolution in the account-origination stack. MANTL has added an efficient oversight and interactivity layer to its platform. They facilitate faster checking and greater auditability. As such, the introduction may be the missing link for banks and cre
Explore Finance Tech News for the latest innovations in financial technologies and expert insights shaping the future of digital finance!
News Source: Businesswire.com
MANTL Launches Application Comments to Accelerate Application Reviews and Strengthen Compliance
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Cross-channel origination provider MANTL has rolled out a new feature called Application Comments. This will help banks and credit unions speed up application review processes while reinforcing compliance. The feature embeds time-stamped, immutable notes directly inside application workflows. It offers a full audit trail and real-time collaboration. On the MANTL Platform, teams can view every action and decision in context. Also, reduce back-and-forth and risk of miscommunication.
Collaborative Review and Audit Transparency
Application Comments provides a common area for the branch and the call center teams. The teams can highlight problems, write notes on decisions, and give the department their tasks in the workspace without any misunderstanding. Besides, the trace of the time-stamped comments is what produces the audit trail. The trail is a way to improve supervision and be ready for the regulation at any time. Banks are allowed to see the final decisions and also the process, and the exact time of the documentation. It decreases the chance of non-compliance with the law. Also, facilitates the internal investigations to be done with higher precision.
Operational Efficiency and Compliance Gains
Additionally, MANTL notes that roughly 85% of applications processed through its platform require no human review. The new feature targets the remaining manually reviewed 15% to accelerate resolution. The company says Application Comments cuts review time and consolidates context. Also, gives teams a single source of truth. By integrating review workflows directly into the application environment, organizations reduce email threads. Also, reduce version conflicts and lost information.
Why It Matters for Financial Institutions
As a result, organizations that are under strict regulations are compelled to digitize their opening and loan workflows. At the same time, they have to maintain audit-ready logs. MANTL with Application Comments is a solution that meets both these demands. Teams can collaborate faster, and compliance departments get better visibility. The combination supports both speed and safety, a critical balance in financial services.
In summary, the introduction of Application Comments marks a meaningful evolution in the account-origination stack. MANTL has added an efficient oversight and interactivity layer to its platform. They facilitate faster checking and greater auditability. As such, the introduction may be the missing link for banks and cre
Explore Finance Tech News for the latest innovations in financial technologies and expert insights shaping the future of digital finance!
News Source: Businesswire.com
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