vis standards deployment and integration: antecedents, benefits, and post-adoption analysis xu yun
DESCRIPTION
3. Payment Instructions (SWIFT XML with URI) Synergy of Integrated Standards Aligning the Movement of Currency and Information SupplierCustomer Customer’s BankSupplier’s Bank 1. Notify Invoice (PIP 3C3) PIP ® Initiates Bank Payment 4. Interbank Clearing on legacy systems forwarding URI with funds 3. Notify Remittance Advice (PIP 3C6) with Unique Remittance Identifier (URI) 5. Credit Advice (SWIFT XML with URI) URI is the key to enable sellers to automate accounts receivables Quicker visibility of funds 2. Assign Unique Remittance Identifier (URI)TRANSCRIPT
VIS STANDARDS DEPLOYMENT AND INTEGRATION: VIS STANDARDS DEPLOYMENT AND INTEGRATION: ANTECEDENTS, BENEFITS, AND POST-ADOPTION ANTECEDENTS, BENEFITS, AND POST-ADOPTION
ANALYSISANALYSIS
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Background
Inter-organizational systems (IOS): Information and communication technology-based systems that transcend legal enterprise boundaries
Electronic Data Interchange (EDI): High cost, proprietary nature. Not widely adopted by SME
Web-based Portal, e.g. E-hub
SupplierCustomer
IOS
3. Payment Instructions (SWIFT XML with URI)
Synergy of Integrated Standards Aligning the Movement of Currency and Information
SupplierCustomer
Customer’s Bank Supplier’s Bank
1. Notify Invoice (PIP 3C3)
PIP® Initiates Bank Payment
4. Interbank Clearing on legacy systems forwarding URI with funds
3. Notify Remittance Advice (PIP 3C6) with Unique Remittance Identifier (URI)
5. Credit Advice(SWIFT XML with URI)
URI is the key to enable sellers to automate accounts
receivablesQuicker visibility of funds
2. Assign Unique Remittance Identifier (URI)
The Evolution of Supply Chain
Vertical information system (VIS) standards
VIS standards (Markus et al. 2003, 2006) Inter-organizational Business Process Standards (Bala 2007) Standard electronic business interfaces (Malhotra 2007)
XML-based (eXtended Markup Language ) Product identification, business document layout, and business process activities VIS standards are typically implemented in IOS
ACORD (Insurance industry )
RosettaNet (IT industry)
General E-business standards: ebXML, SOAP, WSDL
CIDX (Chemical industry)
…..HR-XML (Human resources)
General IT standard: ISO, W3C, Internet, WEB, HTTP, GMS
Research Context (RosettaNet)
Partner Interface Processes (PIPs) define business processes between trading partners.
Order Management: Quotation requests, quotation receipt
acknowledgments, stock availability inquiries, order status inquiries, and purchase order update, change, cancellation notifications, etc.
Over 110 PIPs PIP 3A4 (request purchase order) PIP 3B2 (notify of shipment) PIP 3C6 (notify of payment)
Order
DemandCreation
ManufacturePayment
Logistics
Design Forecast
金融电子数据交换 电子数据交换技术应用在金融业务上，让个人或企业，或银行与银行间，可将标准格式文件，利用电子传输，以进行金融服务，例如：税费支付加值服务、电子转帐、跨行付款、信用卡作业、资金调拨等服务。
各种不同的应用方式包括 1. 专线的方式， 也就是金融 EDI - finance EDI 2. 开放的标准 如 Finance XML
基于这些技术，数据交换可以直接发生在两个企业之间，或者通过某些交易平台我们首先要了解的问题是1 ）现在国内金融数据的交换形式是哪些？2 ）有哪些收益？3 ）企业在使用中的问题？4 ）有什么因素促进或阻碍了企业的使用…………… .. ……..
Electronic financial transactions are not new, tracing their origin to EFT (Electronic Funds Transfer, more commonly called “wire transfers”) and ACH’s (automated clearing houses)
Less well known but almost as old is FEDI (Financial Electronic Data Interchange)
CHIPS, (Clearinghouse Interbank Payments System), ECP (Electronic Check Presentment), EBT (Electronic Benefits Transfer), and so on.
A more recent development in the evolution of electronic financial transactions is EBPP (Electronic Bill Presentation and Payment). EBPP refers to the entire system and process by which bills are presented and then paid online, both for consumers and businesses, the latter in their B2B (Business to Business) exchanges. EBPP draws upon “old” finance (such as ECP) as well as the new (such as e-checks).