Understand, manage and mitigate the risks posed by your third parties and their engagements.
Maintain a single inventory of all your third party relationships in a cloud-based solution that automates risk assessments, scoring, due diligence, continuous monitoring, issue management and corrective action processes.
With a single system for maintaining all your third party information and powerful risk management workflow processes, Aravo helps you streamline the management of your third parties throughout the full life cycle of the relationship, including: on-boarding, risk assessment and due diligence, contracting, monitoring, performance, risk and issue management and termination. Advanced reporting capabilities and dashboard visualizations deliver a complete view of risk and performance, providing greater governance and ensuring programs stand up to regulatory scrutiny, and good business practice.
The world’s leading brands count on Aravo for managing their third party risk and performance management programs. Aravo was recognized as a “Leader” in The Forrester Wave™: Supplier Risk And Performance Management Platforms, Q1 2018, and we were named as a Category Leader with the highest “Completeness of Offering” of any provider in the Chartis RiskTech Quadrant® for Third Party Risk Management Solutions 2017. We have also have been recognized with GRC 20/20’s Value Award for Third Party Management for providing measurable value in GRC efficiency, effectiveness and agility. Our award-winning technology and deep domain expertise are distilled into rapid time-to-value applications built on best practice.
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.
End-to-end third party management.
Integrated risk management across the full third party relationship life cycle.
Understand risk exposure, segment and manage high-risk and critical third parties.
Reduce operational burden with automated processes, saving time and resource.
Single version of the truth.
Cuts through data and business silos and improves reporting and governance.
Rapid time to value.
With pre-defined questionnaires, workflows and reporting that have been built on best practice.
Better strategic performance.
Powerful reporting and insight to make more informed decisions and drive better third party outcomes.
Better governance and oversight.
Demonstrate compliance to senior management, internal audit and examiners.
Built on technology that supports the scale, complexity and change dynamics associated with third party risk programs.