Business growth can be a double-edged sword. While increased revenues are never frowned upon, the downside manifests itself in the burgeoning data volumes that the organization must manage—particularly files that must be transferred between the organization, its customers, and its partners.
These challenges add reliability issues, compliance concerns, and security risks related to moving data, as well as challenges managing the volume and size of files moving through the systems.
As partner networks grow, companies find themselves managing multiple solutions for file transfer—and lack visibility from end to end. The typical enterprise supports three or more file transfer platforms—and as a result, have many disjointed file transfer processes and blind spots. This severely limits their ability to support the company’s growth initiatives effectively.
However, enterprises that leverage a managed file transfer solution can gain critical capabilities for enabling—even driving growth. A centralized, enterprise-grade managed file transfer (MFT) platform allows for full visibility into file transfers and provides a better user experience for line of business users and partners alike. It also includes the security and audit trail capabilities necessary in today’s ever-changing alphabet soup of regulations, from PCI-DSS to Sarbanes-Oxley and beyond. Let’s explore this a bit.Continue reading