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ANSI ASC X12

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

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ANSI ASC X12

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  1. ANSI ASC X12 Finance SubcommitteeNew Member Orientation

  2. 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

  3. History

  4. 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

  5. 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.

  6. Organization

  7. Subcommittee Organization Finance Task Groups Work Groups ANSI X12

  8. 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

  9. 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)

  10. 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

  11. X12 Meetings Full Finance Meetings at 3 ASC X12 Trimester Meetings Task Group & Work Group Meetings Interim Meetings Wrap Ups Educational Sessions

  12. Finance

  13. Membership and Officers

  14. Membership Characteristics • 350+ Active Members • Many Industries / Disciplines • Oil / Gas • Government • Insurance • Computer Manufacturing • Aerospace • Telecommunications • Credit Card Processing • Software Development • Consulting

  15. Officers Officers responsible overall subcommittee management. Task Group & Work Group Facilitators responsible for their functional group. Elections are Staggered.

  16. 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

  17. 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

  18. Constitution

  19. X12F: • Develops and maintains X12 EDI and XML standards including technical guidelines focusing on financial e-business 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

  20. Resources and Networking

  21. 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

  22. Education

  23. X12 Documents & Terms Transaction Set (TS) Data Maintenance (DM) TAS PRB SD2 OPM TR1 TR2 TR3

  24. Data Maintenance (DM) Package Indexes DM Listing Impacted Standards

  25. 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

  26. Type Session Day Time Finance X 12 F New Member Orientation Sunday 5:00 - 6:00 Finance New Member Orientation Wrap Up Sunday 6:00 - 8:00 General How To Get Around An X12 Meeting Monday 8:00 - 8:30 General Introduction To X12 Standards Development Monday 8:30 - 10:30 General Introduction To Modeling For Standards Monday 10:30 - 11:00 Setting General Introduction to X12 Mapping - An Overview Monday 2:00 - 4:00 General X12 Design Rules Tuesday 8:00 - 9:00 Typical Educational Schedule

  27. 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

  28. X12F Transaction Sets • Business Credit Report • Entitlement Payment Recipient account Inquiry/Response • Account Assignment & Service Status • Invoice • Consolidated Invoice/Payment • Credit/Debit Adjustment • General Request, Response or Confirmation • Operating Expense Statement • Payment Order/Remittance Advice • Lockbox • Application Advice • Financial Return Order/Return Notice • Debit Authorization • 829 Payment Cancellation Request • Application Control Totals • Product Transfer Account Adjustment • Response to 844 • 880 Grocery Products Invoice

  29. X12F Transaction Sets 821 Financial Information Report 822 Account Analysis • Real Estate Title Evidence • Loan Verification Evidence • 199 Real Estate Settlement Information • Mortgage Credit Report • 201 Residential Loan Application • Secondary Mortgage Market Loan Delivery • 203 Secondary Mortgage Market Investor report • 205 Mortgage note • 206 Real Estate Inspection • Income Proper Appraisal Report • Condominium Appraisal Report • 245 Real Estate Tax Service

  30. X12F Transaction Sets • Real Estate Listing Information • Application for Mortgage Insurance Benefits • Real Estate Information request • 262 Real Estate Information report • 263 Residential Mortgage Insurance Application Response • Mortgage Loan Default Status • Real Estate Title Insurance Service Order • 269 Mortgage or Property Record Change Notice • Broker Price Opinion • Mortgage Credit Report Order • 872 Residential Mortgage Insurance Application

  31. 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.

  32. Future ?? • Internet • CICA • XML • Cross Border Transactions • IFX Cooperation with other Standards Bodies

  33. Wrap Up

  34. 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.

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