Here's why it's a bad idea:
Spreadsheets are incapable of sending automated alert or escalating failures when necessary. As a result, you miss out on important due dates.
Spreadsheets and checklists are designed to accept whatever the user inputs, so there's really no way of detecting errors.
A spreadsheet can be accessed by multiple individuals at the same time, which makes it impossible to track each change and control the data versions.
Compliance is sensitive. You wouldn't want to make it worse by risking the security, would you? Secure your efforts with CoAuditor ecrypted storage.
While spreadsheet are great for a lot of things, their asynchronous nature makes them unsuitable for compliance monitoring in real-time, and using them for compliance can be very taxing. Upgrade to Coauditor.
Most tools are designed to save you time, effort and overall cost. Additionally, here are a few other reasons why switching to a tool is a smarter option to manage compliance.
Compliance is sensitive. You wouldn't want to make it worse by risking the security, would you? Secure your efforts with Coauditor encrypted storage.
The new generation of tools are quick to deploy and have capabilities of synchronizing with your existing workflows.
Software solutions offer you capabilities to automate workflows, notifications and alerts, hence reducing redundancies.
Tools deploy security measures via encryptions and dedicated data centers to host your data in a secure, controlled environment.