What are the 5 Signs that Managed File Transfers are Needed?

Low-cost file transfer tools allow mid-market companies to easily exchange data internally and externally. However, as the company grows, trading partners need enterprise-level systems to improve reliability and data security.

Managed File Transfer (MFT) emerged to reduce the cost and programming skills you need to meet customer needs and stay competitive in the market.

5 Signs That Managed File Transfers Are Needed

1. Document exchange activities require transparency and traceability

MFT provides a comprehensive audit trail and monitoring to record all file transfer activities. Reports generated based on this data will show in detail each interaction with the files on the server, and better serve customers by responding quickly when problems arise.

2. The new business relationship requires compliance with compliance laws and privacy regulations

Certain trading partners require organizations worldwide to comply with their data security laws, standards, and regulations. Hosted file transfer solutions can help centralize these requirements for file transfer and server connections by providing various functions that provide strong security and compliance control.

3. Failure to comply with government reporting requirements

When security and reporting tools are needed to meet the strict compliance standards of even highly regulated industries, MFT can provide. These include PCI DSS, GLBA, SOX, HIPAA, HITECH, Dodd-Frank, and data protection and integrity requirements in state privacy laws.

4. Traditional data sending methods (such as FTP) are not secure

In view of recent data breaches that have attracted much attention, many organizations choose to reduce their risk by seeking alternatives to unsecured FTP. MFT gives you the flexibility to use secure file transfer protocols and popular encryption methods (such as SFTP, FTPS, HTTPS, AS2, Open PGP, and ZIP and AES) to contact trading partners.

5. Process needs to be more agile and adapt to changing network conditions

In addition, the automated and simplified workflow provided in many MFT solutions simplifies the process of adding and joining trading partners. Companies can reduce or eliminate the time spent on manual file exchanges and interrupted file transfers, thereby reducing management costs and ensuring timely delivery of mission-critical data.

Raysync high-speed large file transfer solution is committed to meeting the data transfer needs of the enterprise or with external partners, providing efficient and controllable accelerated transfer of large files, ultra-long distance, transnational network data transfer, safe distribution of file assets, file management, and organizational authority management, Supports local deployment and cloud services, and provides enterprises with safe, stable, efficient and convenient large file interactive technical support and services.