Managed File Transfer (MFT) includes the technologies, services and capabilities to safely transfer critical information to internal and external business partners. These file transfers can be from system to system, partner to partner and person to person.
MFT is part of a broader set of Multienterprise/B2B capabilities, complementary to B2B gateway software, SOA governance technologies, EDI translators, integration as a service (IaaS) and B2B project outsourcing.
MFT use-cases:
Transfer401K information to your benefits provider
Send payroll data to a corporate client
Share financial information with your bank
Consolidate daily store sales reports to headquarters
MFT capabilities:
Structured partner onboarding process
Open integration platform
Common management process and controls
Multiplatform visibility and reporting
Security and compliance framework
MFT benefits:
Lower risk of compliance failure, due to detailed reports
Faster onboarding cycle times, from months to days.
Improved cash management, leading to better liquidity and profitability.
Remove the risk of unsecured document exchange by replacing FTP and email transfers
Eliminate the manual processes of your current solution
Guaranteed delivery of secure time-sensitive documents
Have full knowledge of your document lifecycle including creation, edits, delivery and deletion
"MFT" vs "SFT"
Unlike secure file transfer tools, which focus on a piece of the process, a managed file transfer suite gives you broader control over data transmissions.
"While 'secure file transfer' solutions are adequate for some data transmissions, 'managed file transfer' suites address security protections, but also tackle a company's internal and external audibility, accountability and data control requirements."
