Aravo's flagship application, Aravo SIM, reduces costs by automating supplier management and providing real-time data that makes efficient supplier engagement more cost effective, less risky and more strategic. According to AMR Research, Aravo SIM reduces the cost of managing supplier information by up to 72%. All of Aravo's applications are built from the ground up to leverage the power of Aravo SIM-from supplier management to risk management to supply chain sustainability, Aravo's Application Suite solves today's most demanding supplier information management challenges.

Aravo SIM can:

• Automate supplier management
• Centralize and update supplier information from a single source
• Increase data accuracy with supplier self-service
• Reduce software, hardware and audit costs
• Provide a single “Source of Truth” for managing global supplier information
• Eliminate expensive, ineffective supplier information silos.
• Automate updates of approved, accurate supplier information to all data systems: sourcing, procurement, AP, ERP vendor master, diversity, compliance, etc.
• Validate data against third-party sources to better manage supplier risk.