I think what FDibbins was suggesting is that you could create a formula in whatever your "REVIEW" column will be that mimics your CF rules. For example, if you want the OK TO PROCESS/REVIEW to show up in column M, then in M2 you could paste a formula like:

=IF(AND(H2="MATCH",I2="VALID",J2<0,K2="NEW",L2=TRUE),"OK TO PROCESS","REVIEW")

...and fill it down through the rest of your rows. It should put "OK TO PROCESS" in row M if all five conditions are met; otherwise it'll return "REVIEW".