The Real Cost of Excel COI Tracking
The cost is not the license. Excel is free. The cost is the hours, and the miss the sheet cannot see.
Someone owns a vendor list. They email for the new cert. They drop a PDF in a folder. They type a date. They color a cell. Next year the date is wrong again, and the person who knew which yellow meant “waiting” has a new job.
Industry figures put that loop around $36k a year in staff time. That is not a Mondayn result. It is a typical number for a job that never shows up as its own line.
The more expensive miss is not the date. Certificate holder is not Additional Insured. A checked box on the ACORD face is not the endorsement. Green in the sheet usually means “we got a file.”
Mondayn builds focused software for hated admin. First product is COI Tracker. Not a vendor platform. You confirm Additional Insured. We don’t auto-green endorsements.
Have 20 minutes and a messy cert? Bring it.