Aravo For Third Party Risk Management

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.

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Automate And Optimize Your Third Party Risk Management Program

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.

Leading Third Party Risk Management Software

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.

Faster, More Efficient And Effective Third Party Risk Management

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’s pre-defined third party risk management application allows you to stand up your program within weeks not months, delivering a comprehensive and defensible position of compliance and due diligence. It comes with a pre-defined data model, dynamic online questionnaires, automated workflows, risk scoring, performance scoring, issues and corrective action capabilities, reports and dashboards and integration capabilities – all built on best practice. Complement with services to extend to your individual program requirements.