Aravo Sponsors Compelling SIM Technology Research Series
True Insider's Guide Helps Users Get the Most from SIM Rollouts and Technology Adoption
SAN FRANCISCO, CA, June 5, 2012 — Aravo Solutions, Inc., the leading provider of cloud-based Supplier Lifecycle Management (SLM) and B2B information and collaboration solutions, announced that it has joined industry thought leader Spend Matters in sponsoring its new Supplier Management Compass Research paper: "Supplier Information Management Technology Fundamentals — Part Two." Written by Spend Matters Executive Editor, Jason Busch, and Lead Analyst, Thomas Kase, the report is an insider's guide to maximizing Supplier Information management (SIM) technology adoption.
"One of the fundamental challenges of supplier information management is that success requires so much more than just preferred technology and services partners," said Mr. Busch. "Despite a body of SIM literature in the marketplace, no one has written about SIM solution deployment and getting the most from rollouts and technology adoption. In other words, the "a-ha!" material we wish someone had shared with us earlier. That is what we at Spend Matters are delivering in this Compass Series.
Supplier Information Management Technology Fundamentals — Part Two provides an insider's look at a range of areas including deployment, infrastructure and software selection tips (e.g., when and where multilingual capabilities count — and when they don't). It also closely examines all of the elements required in a supplier information management platform and why they matter (e.g., dynamic/cascading questions and data point capture to drive compliance earlier and deeper in specific supplier management and engagement processes) as well as configuration options and strategies.
"Spend Matters has established itself as a thought leader in spend management content and strategy," said Robert Shecterle, Vice President, Marketing at Aravo. "With this research, Jason and his team continue to provide a roadmap to practitioners and solution providers alike on their journey to deliver SIM excellence and superior business value."
Aravo launched the market's first Supplier Information Management (SIM) solution in 2004 and has been the leading innovator in the space ever since. With global customers including GE and Cisco Systems, Aravo continues to dominate the worldwide market for SIM and SLM solutions. By transforming their process and technology landscape using Aravo's technology, customers dramatically reduce supplier management costs, avoid supply chain disruptions by proactively managing supplier risk, and accelerate time-to-market through optimized supplier discovery and performance management.
The world's best-run businesses utilize Aravo's Cloud-based Supplier Lifecycle Management solutions and Supplier Risk Services to find and manage trading partner relationships, reduce supply chain risk, ensure global regulatory compliance and lower the cost of managing suppliers by up to 72%. Aravo launched the market’s first SIM/SLM solution in 2004 and has been the leading innovator in the space ever since. Customers such as General Electric, Accenture, and Boston University rely on Aravo to manage information and processes for over 2 million global suppliers. Aravo is based in San Francisco, with offices in Chicago, Dallas, New York, Portland, Monterrey, Mexico and Ahmedabad, India, and is backed by over $50 million in investment from Cisco Systems, Big Sky Partners, and others. For more information regarding Aravo's award-winning solutions please visit our website at http://www.aravo.com.
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In a recent poll of Fortune 1000 executives, 71.4% of respondents expressed that their biggest concern is risk of supplier financial viability. However, despite these concerns, the majority of respondents have active risk management programs in place for less than 20% of their supplier base.
Aravo Supply Chain Risk Poll