They say that keeping up with growth is a good problem to have. If that’s true, MANTL is definitely dealing with the good kinds of problems. Where such growth gets ultra-challenging for MANTL is during the critical software implementation process. This is because MANTL’s omni-channel account-opening platform is used by highly regulated regional banks who have zero tolerance for vendors unable to keep their promises. MANTL’s banking customers are used to working with hands-on professional services teams because software onboarding typically requires multiple complex integrations into extremely secure systems. Such integrations are high stakes and need to be tightly managed using premium resources capable of outperforming Fortune 100 competitors. And banking regulations also mandate that MANTL’s customers can only work with implementation tools compliant with the banking industry’s strict technical requirements, such as SOC 2.
MANTL is working in a market where many of their banking customers are managing complete overhauls to their tech stack and these customers need assurance from upstart technology companies that their implementation will not become an unnecessarily disruptive burden on their day-to-day operations. As MANTL continues to scale, so too does their need to optimize their customer onboarding processes.