Strategic Managed File Transfer
- February 17th, 2015
- By: Scott Robinson
- In: Energy & Utilities, Finance, Healthcare, Supply Chain, General B2B
Managed File Transfer is an important new tool in B2B integration, enhancing a traditional data-sharing mechanism with audit, enhanced security, and failed delivery functionality. But the benefits of MFT extend beyond the technical, also enhancing business processes.
As B2B partner networks grow increasingly integrated, so do B2B partner business processes; the need for increased partner collaboration and the accompanying need for increased visibility make MTF as much a strategic business imperative as a technical goal.
Industry analyst Derek Brink has summarized the strategic features of managed file transfers, as they affect business process integration:
•Visibility. In the film The Godfather, the point is made, “Mr. Corleone is a man who insists on hearing bad news immediately,” Brinks writes. His point is that it is better to keep all parties in a B2B-integrated supply chain as up-to-the-minute as possible, in matters of delivery, inventory maintenance, information access, transaction verification, and other messages. MFT provides workflow to ensure this visibility, he points out.
•Reliability is essential to achieving this visibility, Brinks continues: assurance of file delivery, with confirmation, delivery failure options, and checkpointed process recovery, provide that reliability.
•Integration with existing infrastructure, easily achieved with MFT, encourages smooth business uptake of MFT enhancements, he concludes: to be able to integrate up-to-the-minute messaging and immediately monitor acceptance and response enhances partner confidence.
Finally, he points out that standardizing messaging around a robust and reliable platform leads to centralized messaging policies and administration on the business side.