Many Aravo SIM customers have tens or even hundreds of thousands of global suppliers. Even for those organizations with adequate resources, proactively managing risk within a supply base of this size is no easy task. That's why it is important to embrace a SIM approach that lets risk management professionals manage by exception. By automating all of the routine documentation and information gathering and letting suppliers self-manage their own information, risk management professionals can step in only when it's necessary - taking decisive action during the 1% of the time that it counts, rather than getting distracted during the 99%.

Aravo SIM enables companies to improve the operating efficiency across their entire set of supplier-facing activities including:

• Supplier enablement, on-boarding and catalog management
• Supplier diversity management
• Green/sustainable supplier programs
• Supply risk management
• Accounts payable and electronic invoice, payment and presentment (EIPP)
• Supplier credential and certification management
• Sourcing/category implementation and production ramp-up
• Supplier performance management/supplier capabilities assessments
• Supplier development activities
• Factory audits