Third Party Risk Management at Scale
Aravo Solutions delivers market-leading, cloud-based solutions for managing third party governance, risk and performance. We help companies protect their business value and reputation by managing the risks associated with third parties and suppliers, and to build business value by ensuring that their third party relationships are optimized.
Since 2000, the world’s leading brands have counted on Aravo for their end-to-end enterprise supplier and third party risk management. Aravo has distilled this experience and award-winning technology into rapid time-to-value applications that help companies manage a wide range of programs including: information security, data privacy, GDPR, anti-bribery and anti-corruption, responsible sourcing, financial services regulatory compliance and know your third party programs. Aravo allows you to:
- Centralize all your third party information into a single inventory, and segment according to criticality and risk.
- Automate the qualification, due diligence, assessment, risk scoring and ongoing monitoring of third parties.
- Assess for risk across multiple risk domains, continuously monitor, and be alerted to changes in risk and compliance posture.
- Integrate content from a broad range of risk intelligence providers for risk context, validation, due diligence and continuous monitoring.
- Automatically trigger incident reports and remediation or termination plans, based on risk score or non-compliance.
- Deliver actionable insight and enhanced governance with detailed third party scorecards and powerful executive reporting.
- Provide a full audit trail of all actions taken.