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Ensure your third-party suppliers are delivering value to your business

Aravo For Performance Management is a cloud-based solution that allows you to understand, monitor, and manage the performance standards of your third-party suppliers.

Collect, track, and manage the quantitative and qualitative performance metrics of your suppliers to capture the strategic advantages of efficiency, cost savings, quality, and innovation that their engagements should bring to your organization.

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Automate every step of your supplier performance management program

Third Party Risk Management
Collect targeted performance metrics and related information from internal managers and third parties
  • Score third parties across a range of targeted metrics and define how scores are to be weighted and rolled up into a total performance score.
  • Identify internal relationship managers and suppliers to participate in the performance management process and drive the collection of required performance information.
Receive proactive alerts when remediation is required
  • Configure alerts tied to specific performance conditions and thresholds.
  • Use performance dashboards to highlight suppliers that require remediation.
  • Automatically trigger corrective actions based upon the performance criteria.
Collaborate, remediate, and innovate with suppliers
  • Use performance scorecards to collaborate with suppliers and raise the bar of performance and enhance strategic relationships.
  • Proactively collaborate with suppliers on innovation initiatives such as joint product development, packaging development, and new markets for revenue growth.

Leading Supplier Risk and Performance Management Software from Aravo

Aravo delivers the market’s leading supplier risk and performance management capabilities. Independent analysts have described us as the “the leading SRPM specialist."

Your program benefits

With Aravo, you get better strategic results with from enhanced supplier relationships. Benefits include:

What We Do

Aravo delivers award-winning, market-leading cloud-based solutions for managing third-party governance, risk, compliance, and performance.
Third-Party Risk Management Supplier Risk and Performance Management Vendor Risk Management Contractor Risk Management
Our Expertise
Expertise
Who We Help
Customers
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