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Aravo supports the Consumer Goods Industry

Consumer Goods

Consumer packaged goods (CPG) companies manage complex supply chains, vast third-party networks, and geographical reach to manage and mitigate risk, meet regulatory requirements, and protect brand and reputational value.

Third-Party Risk Management Solutions for the CPG Industry

Complex supply chains, vast third-party networks, and geographical reach expose consumer packaged goods (CPG) businesses to a broad range of third-party risks. Ensuring that all third parties and their subcontractors can withstand the scrutiny of international regulators is a challenging but necessary step for maintaining brand integrity and trust. Corruption, health and safety, environmental, product safety, and human rights violations of third (and fourth) parties have resulted in staggering regulatory fines and reputational damage for CPG companies that have engaged them.

Customer Success

With Aravo, a leading CPG company that is ranked in the top 20 of Interbrand’s Best Global Brands, was able to reduce the overall onboarding time for third parties by 60%. They reduced anti-bribery and corruption assessment cycle times by 70% and significantly improved their ability to provide third-party risk management reporting and to respond to audits. A multi-media integration provides training to high-risk suppliers in their ecosystem of 72,000 third parties without requiring an additional learning management system.

Pharmaceutical & Life Sciences - Third-Party Risk Management

Third-Party Risk
Management

Customer Insights

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A highly customizable and versatile system

“Aravo is an excellent tool for managing end to end processes, with tailored workflows, emails and chase cycles built in to the automated system capability. Aravo’s strength for me lies in its traceability and high level of automation. Aravo is a highly customizable and versatile system.”

– Social Accountability Manager,
Global Manufacturing Firm

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Excellent features and great support

“Implementation took no time and integration is good. Overall happy with the service. Excellent features & great support from the solution experts to deliver our needs. Robust functionality.”

– Sourcing and Vendor Relationships,
Services Industry

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Meets our complex, global needs for screening third parties for 3 risk areas

“The Aravo solution delivered meets our complex, global needs for screening third parties for 3 risk areas, collecting and validating supplier information required to support out procure to pay transactional processes and integrating that information with our SAP ERP system.”

– Financial Services & Solutions Associate Director,
Manufacturing Firm

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What we do

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

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