Transcript ANSI ASC X12 Finance Subcommittee New Member Orientation

ANSI ASC X12
Finance Subcommittee
New Member Orientation
Program Overview
 Introductions
 History
 ANSI ASC X12 Organization
 X12 Finance
 Officers/Voting/Constitution
 Resources and Networking
 Education
 Task and Work Groups
 The Process
 The Future
 Wrap Up and Questions
• History
 ANSI ASC formed in 1979
 Finance Project Team jointly managed by
X12 & X9
 Formal X12 Subcommittee Status in 1989
 Manages over 40 X12 Transaction Sets
 Task Groups & Work Groups Formed as
Needed
• Mission
Define, develop and support new
transaction sets and review
proposed changes to existing
transaction sets that relate to the
request, initiation, processing,
control, reporting and security of
financial transactions.
• Subcommittee Organization
ANSI
X12
Finance
Task Groups
Work Groups
Substantial Savings on Products and Services
Can Easily Offset Membership Dues
ASC X12 Participation
• Participate in a Committee with over 25 years of experience and
expertise in the development and implementation of electronic
data exchange standards
• Proactively shape the most widely used X12 EDI standards in
an open and neutral cross-industry environment
• Control what changes become part of the standard via a proven
consensus-based infrastructure Gain access to the ASC X12
Tools for Members program, offering complimentary use of
worldclass commercial software packages to aide in the
development of X12 standards
• Members are eligible to vote on numerous technical and
administrative ASC X12 issues. Subcommittee votes are
conducted according to procedures in each subcommittee’s
constitution. The first requirement to be eligible to vote is to have
membership in that particular subcommittee
Substantial Savings on Products and Services Can
Easily Offset Membership Dues
(continued)
Subcommittee Meetings & Sponsorship Opportunities
• Receive free registration for unlimited organization representation to all
three ASC X12 face-to-face Committee meetings that take place every
year and all interim standards development meetings (nonmembers
pay $895 per meeting/per person)
• Showcase your products and services via a tabletop display at the ASC
X12 meetings and take advantage of the various sponsorship
opportunities
• Receive discounted pricing on education and training topics
Web Site & Listservs
• Receive early access to standards before they are approved through
the members-only section of the web site
• Increase the visibility of your organization’s products and services with
a listing on the ASC X12 web site
• Gain access to an extensive series of listservs where you receive
advice, learn what others are doing and discuss current issues with
peers and e-business experts
Substantial Savings on Products and Services
Can Easily Offset Membership Dues
(continued)
Standards & Publications
• Receive a discount on all ASC X12 standards and publications, a
potential savings of thousands of dollars
• Access X12 XML Schemas, freely downloadable and available for
runtime validation
Networking
• Access an international network of the industries’ top decision-makers
and technology innovators who establish and implement electronic data
exchange
standards
• X12 Meetings
 Full Finance Meetings at 3 ASC X12
Trimester Meetings
 Task Group & Work Group Meetings
 Interim Meetings
 Wrap Ups
 Educational Sessions
Membership and Officers
Membership Characteristics
350+ Active Members
Many Industries / Disciplines
Oil / Gas
Government
Insurance
Computer Manufacturing
Aerospace
Telecommunications
Credit Card Processing
Software Development
Consulting
• Officers
Officers responsible overall subcommittee
management.
Task Group & Work Group Facilitators
responsible for
their functional group.
Elections are Staggered.
• Administrative Positions
Chair
Vice Chair
Secretary (3 positions by function)
TAS Rep (2 positions incl. Alternates)
PRB Rep (2 positions incl. Alternates)
Liaisons (2 positions / N & C) as needed
X12 Web Master Representative
• Subcommittee Voting
Task Groups strive for consensus of attendees
Formal votes require membership in X12 &
Subcommittee
Task Groups record their single
disposition to Finance’s TG 10
Technical Assessment
2nd Consecutive Meeting
Constitution
X12F:
•Develops and maintains X12 EDI and XML standards
including technical guidelines focusing on financial ebusiness models
•Develops and maintains financial business models related to
areas such as credit card processes, financial remittance
delivery, invoice, and payment transactions. Real estate and
mortgage lending messages are also developed and
maintained using EDI and XML standards.
•Develops payment systems architecture to include data
security and data content management for financial standards
•Promotes the use of X12 EDI and XML standards across the
financial services industry
www.x12.org
Resources and Networking
ASC X12 Finance Contact Lists
• Officer Roster includes Chair, Vice Chair,
Recording Secretary, Logistics Secretary,
Database Secretary, TAS Representative,
PRB Representative and Task Group Chairs
• Phone Book includes all active participants
www.x12.org
• X12 Documents & Terms
Transaction Set (TS)
Data Maintenance (DM)
TAS
PRB
SD2
OPM
TR1
TR2
TR3
• Data Maintenance (DM) Package
Indexes
DM Listing
Impacted Standards
• Mentor Program
Provide new members with assistance
with understanding the workings of X12 F
New members share the experience of a
first meeting with those more seasoned
Typical Educational Schedule
Type
Session
Finance X 12 F New Member Orientation
Finance New Member Orientation Wrap Up
Day
Sunday
Sunday
General
General
General
How To Get Around An X12 Meeting
Monday
Introduction To X12 Standards Development Monday
Introduction To Modeling For Standards
Monday
Setting
General
General
Introduction to X12 Mapping- An Overview
X12 Design Rules
Time
5:00 - 6:00
6:00 - 8:00
8:00 - 8:30
8:30 - 10:30
10:30 - 11:00
Monday 2:00 - 4:00
Tuesday 8:00 - 9:00
• Task Groups & Work Groups
TG1 Financial Standards Development
TG1/WG1 Financial Implementation Guide Review
TG1/WG5 Financial XML Development
TG1/WG6 Reassociation Best Practices
TG1/WG7 XML Harmonization
TG2 Energy & Utility
TG2/WG1 XML Development
TG2/WG2 XML Development
TG2/WG3 X12 E Subcommittee Organization & Administration
TG10 Technical Assessment
X12F Transaction Sets
Business Credit Report
156 Entitlement Payment Recipient
account Inquiry/Response
248 Account Assignment & Service Status
810 Invoice
811 Consolidated Invoice/Payment
812 Credit/Debit Adjustment
814 General Request, Response or
Confirmation
819 Operating Expense Statement
820 Payment Order/Remittance Advice
823 Lockbox
824 Application Advice
827 Financial Return Order/Return Notice
828 Debit Authorization
829 Payment Cancellation Request
831 Application Control Totals
844 Product Transfer Account Adjustment
849 Response to 844
880 Grocery Products Invoice
X12F Transaction Sets
821 Financial Information Report
822 Account Analysis
197 Real Estate Title Evidence
198 Loan Verification Evidence
199 Real Estate Settlement Information
200 Mortgage Credit Report
201 Residential Loan Application
202 Secondary Mortgage Market Loan
Delivery
203 Secondary Mortgage Market Investor
report
205 Mortgage note
206 Real Estate Inspection
208 Income Proper Appraisal Report
209 Condominium Appraisal Report
245 Real Estate Tax Service
X12F Transaction Sets
246 Real Estate Listing Information
260 Application for Mortgage Insurance Benefits
261 Real Estate Information request
262 Real Estate Information report
263 Residential Mortgage Insurance Application Response
264 Mortgage Loan Default Status
265 Real Estate Title Insurance Service Order
269 Mortgage or Property Record Change Notice
775 Broker Price Opinion
833 Mortgage Credit Report Order
872 Residential Mortgage Insurance Application
In the General Finance
meeting, held on Monday at our
trimester meetings, all Work
and Task Groups provide a
status of ongoing efforts and
discuss pending work efforts for
the remainder of the week.
X12 Transaction Set Approval Process
Step 1:
Project Proposal Approval
Step 2:
Initial EDI Transaction Set Review
Step 3:
Technical Review By X12 J
Step 4:
Final EDI Transaction Set Review
Step 5:
ASC X12 Membership Vote
Step 6:
Rebuttal Ballot
X12 Data Maintenance Approval Process
Step 1:
Submission of Data Maintenance Requests
Step 2:
Assignment of Data Maintenance Requests
Step 3:
Data Maintenance Request Review
Step 4:
ASC X12 Membership Ballot
Step 5:
Data Maintenance Final Review
Step 6:
Rebuttal Ballot
Step 7:
Open Forum
Future ??
 Internet
 CICA
 XML
 Cross Border Transactions
 IFX
Cooperation with other Standards Bodies
Wrap Up
Close
WE TRAINED HARD ... but it seemed that
every time we were beginning to form up
into teams we would be reorganized. I was
to learn later in life that we tend to meet any
new situation by reorganizing - and a
wonderful method it can be for creating the
illusion of progress while producing
confusion, inefficiency and demoralization.
PETRONIUS
210 B.C.