Aravo For Third Party Anti-Bribery Anti-Corruption Due Diligence

A cost-effective, cloud-based solution that embeds Anti-Bribery Anti-Corruption (ABAC) compliance directly into the third party and supplier pre-contract due diligence and onboarding process, and allows firms to continually monitor risk and compliance posture throughout the life cycle of the relationship.

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Ensure Third Parties Are Compliant With The FCPA, UK Bribery Act And Other ABAC Regulations

Regulators, shareholders, and empowered consumers all expect companies to operate with integrity and ensure that their organization, together with their third parties, remain free of bribery and corruption. Yet third parties remain one of the highest levels of risk exposure, with over 90% of FCPA enforcement actions involving the actions of third party intermediaries, such as agents, consultants or contractors.

Automate And Optimize Third Party Anti-Bribery Anti-Corruption Due Diligence

Aravo for Third Party ABAC Due Diligence allows you to implement, manage, and enforce consistent and objective ABAC compliance programs for all your third parties, regardless of scale. Best practice assessments and workflows enable organizations to rapidly implement a control framework that mitigates key bribery and corruption risks, which can otherwise result in fines, reputational damage, and even incarceration.

A More Effective And Efficient Approach To ABAC Compliance

Dramatically reduce the time required for the assessment and due diligence of third parties. By eliminating multiple inventories and manual processes that rely on unreliable email and spreadsheets, you save time, gain productivity and deliver consistent and scalable programs.

Aravo for ABAC Due Diligence is built on Aravo’s third party risk management application. It comes with the application’s pre-defined data model, dynamic online questionnaire, automated workflows, risk scoring, performance scoring, issues and corrective action capabilities, reports and dashboards and integration capabilities. It includes a best practice ABAC Compliance risk assessment questionnaire, mapped to World Economic Forum guidance. It can be complemented with services to configure and integrate to your individual program requirements.