ASC X12 & HR-XML Collaborate to Develop Common Data Standards in XML Formats.Business Editors/High-Tech Writers ALEXANDRIA, Va.--(BUSINESS WIRE)--Jan. 22, 2003 The Accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. Standards Committee (ASC ASC Ambulatory surgery center, see there ) X12 and the Human Resources XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. (HR-XML HR-XML Human Resources eXtensible Markup Language ) Consortium announced today that they have signed a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. to collaborate on data standards development for the human resources and insurance/health care industries. HR-XML brings a wealth of XML vocabulary expertise from all aspects of the human resources industry while ASC X12 is a cross-industry standards body with more than 300 plus EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. transactions sets implemented around the world. The first area of mutual interest HR-XML and ASC X12 will focus on is data standards development in the benefits enrollment arena. Together, they will work to develop an XML version of X12 transaction set 834 Benefit Enrollment and Maintenance and any other related EDI transaction sets. In addition to joint development of this XML message, HR-XML and ASC X12 will identify and exchange best practices as the industries the respective organizations represent often share trading partners and the goal to streamline information flow. "We are delighted to join forces with the HR-XML to leverage our respective expertise and develop XML business message standards that can improve efficiencies across human resources and insurance industries," said ASC X12 Chair David Barkley of Freddie Mac. "This strategic relationship advances ASC X12's vision of collaborating with organizations to build the best of breed XML business message standards for the global marketplace." About ASC X12 The Accredited Standards Committee (ASC) X12, accredited by the American National Standards Institute See ANSI. (body, standard) American National Standards Institute - (ANSI) The private, non-profit organisation (501(c)3) responsible for approving US standards in many areas, including computers and communications. ANSI is a member of ISO. and comprised of cross-industry representation, develops robust e-business exchange standards in EDI and XML formats that interact with a multitude of e-commerce technologies and serve as the premier tool for integrating electronic applications. Through standards setting and active participation in emerging and technically relevant initiatives, ASC X12 facilitates the effective exchange of electronic information. Propelling global e-business, ASC X12 is an active contributor to the United Nations/Electronic Data Interchange for Administration, Commerce and Transport (UN/EDIFACT UN/EDIFACT United Nations/Electronic Data Interchange For Administration, Commerce and Transport ), an international standard relating to the exchange of trade goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . To learn more about ASC X12, visit www.x12.org or call 703/548-7005. About HR-XML HR-XML (http://www.hr-xml.org) is a global, independent, non-profit consortium dedicated to enabling e-commerce and inter-company exchange of human resources (HR) data. The work of the Consortium centers on the development and promotion of standardized XML vocabularies for HR. HR-XML's efforts are focused on standards for staffing and recruiting, compensation and benefits, training and workforce management. The Consortium has a membership of companies represented in 22 different countries. For more information, contact: Chuck Allen, Director, HR-XML Consortium, Inc. at chucka@hr-xml.org. |
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