Safely exchanging high-value and high-volume files is a must-have for all enterprises. In retail, Managed File Transfer (MFT) is the ability to onboard a new customer or trading partner, take their information and deliver it safely and securely to its intended destination. In Finance, banks use an MFT platform to simplify data transfers, lower costs and deliver compelling services to customers.
But many organizations still use point-to-point file transfer (FTP) tools, email, scripts and homegrown systems to exchange files, which are hard to scale, automate and secure. The problem is that FTP is typically not monitored or audited, creating ongoing risks to audit failures and lost data.
Modernizing your data transmission process and deploying a managed file transfer platform can lower staff resources, reduce software maintenance fees and improve customer satisfaction. MFT also provides the following 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
