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On the other hand, implementing EDI software can be a challenging process, depending on the complexity of the use case, technologies involved and availability of EDI expertise. In addition, there are ongoing maintenance requirements and updates to consider. For example, EDI mapping is one of the most challenging EDI management tasks.
An example layout of an X12 834 Version 005010 file is shown below. Each line starts with a code to identify the type of data that follows, with individual pieces of data separated by an asterisk. The tilde indicates the end of that section.
The Accredited Standards Committee X12 (also known as ASC X12) is a standards organization.Chartered by the American National Standards Institute (ANSI) in 1979, [2] it develops and maintains the X12 Electronic data interchange (EDI) and Context Inspired Component Architecture (CICA) standards along with XML schemas which drive business processes globally.
United Nations/Electronic Data Interchange for Administration, Commerce and Transport (UN/EDIFACT) is an international standard for electronic data interchange (EDI) developed for the United Nations and approved and published by UNECE, the UN Economic Commission for Europe.
BAI, or the BAI file format, is a file format for performing electronic cash management balance reporting. The BAI format was developed and previously maintained by the Bank Administration Institute (BAI). [ 1 ]
The Standard is managed by Sub Committee 9 (SC 9) "Information exchange for financial services". The Working Group 4 (WG4), a sub-group of SC 9, who works on the next revision of ISO 20022. The Standard defines a Registration Management Group (RMG) Composed of senior industry experts. It is the highest registration body.
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