You can create new folders and arrange your files across those folders using move and copy functions and you can also rename and delete your files. You can browse through files and folders, open and search for files that are on the phone or on SD card storage. If your phone supports expandable memory with an SD card, like the Lumia 1520, you can use the Files app to access files on the SD card as well.
Explaining the functionality of the Files app, Microsoft said, “The Files app allows you to access all the files stored on your phone. Files app is free and is available from the Windows Phone app store.