Yes. You can share files with anyone through SmartFile share links. These links can be customized to enable sharing of entire directories, enable upload to directories, set expiration dates, set download limits, and force password protection. All activity is also tracked and displayed in the activity tab.
SmartFile link shares are also a great way to provide access to files and directories without creating user accounts. The only downside is the activity will only provide the IP from the recipient and not the email or username. For more compliance and better activity tracking, create users instead.