P10. CoSec applications

Question 1

Two broad categories of CoSec applications

Answer 1

Entity management, governance and compliance
Meeting portals

Question 2

Start of process for transition to entity management system

Answer 2

Create a business requirement document through a process including interviews, interface analysis and surveys, which can be used to create a tender document for potential vendors

Question 3

Factors to be considered in selecting cosec application (7)

Answer 3

Knowledge - of your particular area
Accountability - assisting with tweaks to iron out integration issues
Flexibility
Foresight - main areas of development of supplier
Helpfulness
Support
Security

Question 4

Key goals of using well-oiled CoSec software (2)

Answer 4

Allowing the corporate secretariat to provide all relevant departments with real-time access to entity and subsidiary related information in a secure manner
Assist the efficiency of compliance work by tracking deadlines and ensuring completion of compliance tasks on time

Question 5

Factors to be considered in selecting cosec application - acronym

Answer 5

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