Aravo supports the Mining Industry

Mining

Mining operations are often operating in regions where there is a higher risk of bribery and corruption and state-owned resources, and are expected to demonstrate robust ABAC controls.

Supplier Risk Management Solutions for Mining Companies

Because they often operate in regions where there is higher risk of bribery and corruption and places where resources are state-owned, mining and metals firms must be especially diligent about monitoring third-party bribery and corruption risk. In addition to US FCPA and other regulatory compliance, mining operations also face public scrutiny for ethical business practices and environmental safety, even when those activities are conducted by organizations in their vast third-party networks.

Client success

Operating on five continents, one of the world’s largest gold mining companies works with Aravo for a centralized, enterprise-wide view of third-party risk as well as visibility into contract ownership, spend transparency, and financial controls. Previously relying on manual calculations and spreadsheets, the company can now consolidate nine separate risk scores into a single weighted risk score for each of its third parties, providing immediate insight into the overall risk profile of their third-party ecosystem.

Pharmaceutical & Life Sciences - Third-Party Risk Management

Third-Party Risk
Management

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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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An excellent product and user-friendly UI

“An excellent product and user-friendly UI (user interface), good functionality and highly efficient. Below are the key features: Super easy customization; Ability to integrate with other tools; Supplier data storage management; Transparent process for supplier registration with time lines is beautiful; Supplier registration and de-registration is easy. Easy to use tool and good visual appearance.”

– Assistant Manager,
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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The Definition of Better Business

Better business is built on acting with integrity. It commands better performance, delivering better efficiency, collaboration, and financial outcomes. It inspires trust. But better business is more than that – it’s about lifting the ethical standard of an entire business ecosystem to build a better world.

 
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