Managing supplier risk in procurement is chaotic. There are more stakeholders, systems, and data to consider to ensure compliance than ever before.
These data points include:
As there is no centralized system that manages this chaos end-to-end, organizations today are forced to navigate:
Centralizing these stakeholders and data into a single platform creates increased visibility and the ability to more efficiently mitigate risk and noncompliance situations before they negatively impact your organization.
At Aravo, we provide the ability for procurement to manage the full lifecycle of supplier relationships from qualification, due diligence, onboarding, monitoring, and more in one, easy-to-navigate platform.