Beyond Spreadsheets for Deal Analysis
If your deal analysis process lives in Excel, email attachments, and analyst memory, there's a systematic alternative.
Why Fund Managers Move Beyond Spreadsheets
No cross-referencing
Spreadsheets cannot automatically check whether the revenue projection on slide 12 contradicts the market size on slide 4. Adversarial analysis can.
No audit trail
When an LP asks how you evaluated a deal 18 months ago, a spreadsheet cannot reconstruct the analysis process. A systematic platform can.
Analyst dependency
When the analyst who evaluated a deal leaves, their notes, context, and institutional knowledge leave too. A platform preserves the analysis.
Doesn't scale
A 3-person team reviewing 50 deals per year can manage with spreadsheets. A growing fund seeing 200+ opportunities cannot.
What DiligenceWorks Does Differently
Automated cross-referencing of claims across every page of a deal document
Structured output: contradiction reports, risk matrices, IC-ready memos
Complete audit trail for every analysis — retrievable years later
Consistent methodology across all deals, regardless of which analyst reviews them
Self-hosted — your analysis data stays under your control
Honest Assessment
When Spreadsheets & Manual Process Is the Right Choice
If you evaluate fewer than 10 deals per year and have no institutional LP relationships, spreadsheets may be sufficient. The cost of a dedicated platform may not be justified at very low deal volumes.
When DiligenceWorks Is the Better Fit
If you evaluate 20+ deals per year, have or seek institutional LP relationships, or need to demonstrate systematic investment processes, a dedicated deal analysis platform is operationally necessary.
Frequently Asked Questions
Is DiligenceWorks hard to adopt if we currently use spreadsheets?
No. The workflow is simpler than a spreadsheet: upload the deal document, the platform analyses it, review the output. There is no complex configuration or data migration required.
What if we have existing spreadsheet models we want to keep?
DiligenceWorks does not replace financial modelling spreadsheets. It analyses and verifies the claims in deal documents. Your existing models continue to be used for financial analysis.
Ready to See the Difference?
Book a discovery call to see how DiligenceWorks compares to Spreadsheets & Manual Process for your specific use case.
Book a Discovery Call