Definition
A Managed File Transfer (MFT) application is a software product that provides organizations with a complete solution to their file transfer needs. Managed File Transfer allows a company to move files internally within and externally outside the organization. MFT differs from basic file transfer products in that Managed File Transfer solutions offer a higher degree of control, visibility, automation and integration with other business processes. Also a Managed File Transfer solution offers a higher level of document security and can typically handle a higher volume of file transfers. Thus, MFT can be described as a comprehensive business file transfer solution versus an ad hoc software product.

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