Aravo delivers the market’s smartest third-party risk and performance management solutions, powered by intelligent automation. Our innovative solutions help organizations manage risks through the full lifecycle of the relationship, helping to ensure that third-parties are in compliance, and risks are detected proactively.
Aravo’s products provide pre-configured, best practice solutions that are aligned to customers’ maturity. Our programs are designed with broad risk domain expertise and are scalable, allowing programs to grow with organization’s third-party risk management (TPRM) programs.
Capabilities of our solutions include:
Risk Management Lifecycle
Apply an effective risk management process throughout the lifecycle of the third-party relationship
Vendor Intake and Scoping
Collect, centralize, and validate your third-party vendor information
Vendor Due Diligence
Conduct inherent risk and enhanced due diligence assessments across all risk domains
Vendor Onboarding
Collect and validate vendor and engagement information for streamlined transactional enablement
Continuous Monitoring
Monitor vendor risk and performance and trigger review, issue management, and remediation activity
Vendor Contracts Management
Create a centralized repository of all vendor contract information and monitor performance against terms
Vendor Performance Management
Monitor third-party vendor performance, strengthen preferred relationships and eliminate poor performers
Issue Management and Remediation
Identify, track, and manage third-party vendor issues and initiation through to resolution
Vendor Termination and Offboarding
Ensure the separation process is handled appropriately, data privacy is in compliance and payments are ceased
Machine Learning and Artificial Intelligence
Apply AI for a range of use cases including automation, intelligence and prediction
Leverage intelligent automation for broader GRC use cases and managed services offerings
Aravo has the market’s most comprehensive set of capabilities for managing third-party, vendor, and supplier risk and performance
A Buyer’s Guide to Third-Party Risk Management for the Mid-Size Enterprise
Your Wake-up Call to Better Third-Party Risk Management: Exploring the Results of Deloitte’s Global TPRM Survey
Prepare Your Board to Take on Third-Party Risk
Fighting Bribery and Corruption in Your Third-party Ecosystem
