Excel is the universal tool of dealmaking. It is flexible, familiar, and free. But it is also the biggest source of risk. When you track diligence in Excel, you sever the link between the finding and the evidence. Colabra keeps the risk and the record connected.
Excel is a manual log. You type "Change of Control clause in customer contract" into a cell. But that cell doesn't know which contract, which page, or which clause. Six weeks later, when you need to verify the exposure, you have to dig through the VDR again to find the source.
Colabra is "smart" data. Every risk flag is physically linked to the underlying document snippet. You don't just see a row saying "Missing Signature"; you click it to see the actual signature page. The evidence travels with the finding.
"Due_Diligence_Tracker_v4_FINAL_davids_edits.xlsx". We have all been there. Merging multiple trackers from legal, tax, and finance leads to data loss and confusion. Colabra is a single, live workspace where the entire deal team collaborates in real-time.
Excel is blank until you type in it. It cannot tell you what you forgot to check. Colabra's Reconcile lens proactively maps the data room against your checklist, visually highlighting the gaps (e.g. "Missing IP Assignments") that an empty spreadsheet cell hides.