June 30, 2015 posted by Allen Thompson
SAN FRANCISCO, Calif., June 30, 2015 – Aravo Solutions, Inc., the leading provider of cloud-based Third Party Risk and Compliance solutions, announced today the signing of an agreement with a multi-billion dollar California-based software company to power the registration and qualification of their suppliers to manage third party risk.
Aravo’s newest customer is one of the world’s largest software companies and is a global leader in digital marketing and digital media solutions. They were ranked a “Top 100 Best Global Brand” by Interbrand in 2014 and have been ranked for 6 years on the “World’s Most Ethical Companies” list by the Ethisphere Institute. The organization will use Aravo to proactively register and validate suppliers and third parties to ensure they do not present unacceptable risk to the organization. As a part of their deployment, they will be utilizing Aravo’s innovative user interface, designed to provide end users with an intuitive, proactive graphical environment enabling informed business decisions.
With more than 30 million end users, Aravo’s newest customer understood the criticality of a streamlined application that was purpose-built to maximize ease of use and spur rapid user adoption. Accordingly, the chosen solution needed to be easy to use for both internal and external users, and be nimble enough to modify over time as regulations and company standards evolved. Aravo was selected based on the solution’s ease of use, broad configurability to accommodate changing requirements, and pre-built library of registration and compliance content. Given the strategic importance of the initiative, the client also valued Aravo’s rapid deployment capabilities.
“Aravo is thrilled to announce our newest customer – particularly one known for creating great user experiences” said Michael Saracini, Chief Executive Officer at Aravo. “It serves as further validation that Aravo’s investment in providing a modern, easy to use environment for all Aravo end users is paying dividends. We look forward to a successful, rapid deployment and long-term relationship.”
Aravo provides the market’s leading third party risk management and regulatory compliance solution. Aravo launched its cloud-based platform in 2004 and continues to serve as the industry’s leading innovator today. Our market-leading third party risk and compliance solutions include Registration and Qualification, Anti-Bribery / Anti-Corruption, Responsible Sourcing, and Data Privacy / Data Security. The world’s best-run businesses utilize Aravo’s platform, including companies like General Electric, Accenture, Salesforce.com, Cisco Systems, Procter & Gamble, and Unilever. Aravo currently supports a user base of over 50,000 buyers managing 2.7 million third parties in 38 languages and 112 countries. Aravo is headquartered in San Francisco, with offices in Dallas, Portland, Monterrey, Mexico and Ahmedabad, India.
For more information regarding Aravo’s award-winning third party risk and compliance solutions please visit our website https://www.aravo.com.
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