Here are a few reasons why a software tool might be better for TISAX compliance management:
Excel might be a cumbersome tool for handling data protection, governance, and risk management. It does not provide a bird’s-eye view of all your compliance activities in your organization as spreadsheets require a lot of manual input and usually exist in silos apart from one another.
Using Excel you should manually make changes in several places as they are not automatically embedded.
Excel spreadsheets are not secure. They can be located in different shared folders, and multiple people can access and use them.
It’s almost impossible to work in Excel conveniently when multiple people are involved.
With a special compliance tool in place, you will be spared all the inconveniences and multiple issues you have when working with Excel.