Kyle Parris
Director of Product Management
nuBridges
As retailers wait out the holiday shopping numbers, they’re continuing to enjoy lots of business value from their managed file transfer solutions. Retailers are early adopters of MFT for numerous reasons, but the top two are the need to:
- Exchange exploding volumes of information – online catalogs, product images, price quotes, invoices and so forth; and
- Comply (and prove compliance) with the Payment Card Industry Data Security Standard (PCI DSS)
The new generation of MFT solutions meets these challenges and many more. Other benefits that retailers tell us they’re reaping include:
- Streamlined global order and fulfillment
- Improved order-to-cash and days-sales-outstanding
- Enhanced competitive sourcing capabilities
- Improved demand forecasting
- Eliminated order and invoice errors
- Reduced costs and headaches associated with PCI DSS compliance
- Met audit and governance requirements
- Reduced transaction costs
- Improved customer loyalty
Until next week,
Kyle
