Using this template can bring numerous benefits to your organization:

- Transparency: By logging every update, you ensure that all team members and stakeholders have access to the latest information about your product. This can help prevent misunderstandings and ensure everyone is working towards the same goals.

- Accountability: With each update logged and attributed to a specific person or team, it's easy to see who is responsible for each change. This can help foster a culture of accountability within your team.

- Efficiency: Instead of wasting time trying to remember what changes were made or searching through old emails for update information, you can simply refer to the log. This can save you a significant amount of time and effort.

- Improved decision making: By keeping a detailed record of updates, you can better understand how your product is evolving. This can inform future decisions and help you make more strategic choices about your product's direction.