New Aravo SIM feature automates expansion of customer’s supplier base, speeds approvals, simplifies supplier onboarding
SAN FRANCISCO, CA, February 12, 2009 – Aravo Solutions, Inc., the leading provider of on-demand Supplier Information Management (SIM) software and services, today announced immediate availability of Supplier Self-Registration for all new and existing customers. This new feature allows Aravo customers to easily broaden their supplier base by enabling prospective new suppliers to self-register, automating the approval process, and simplifying supplier onboarding. Suppliers are able to enter their own information into Aravo SIM via an easy to use web page that is customized for each customer. With this new feature, Aravo SIM now gives organizations the unique ability to engage, activate, and manage their entire supply base rapidly and effectively—providing benefits such as reduced costs, increased productivity, and streamlined supplier onboarding to companies and their suppliers.
“Aravo’s customers want to improve their supplier information systems and processes while optimizing employee productivity by enabling suppliers to do more on their own in a self-service environment,” said Tim Albinson, CEO of Aravo. “Aravo Supplier Self-Registration allows companies to expand and onboard their supplier base with significantly less internal effort, resulting in reduced costs, shorter cycle times and more accurate information.”
The new Supplier Self-Registration feature is part of the Aravo SIM platform, a Software-as-a-Service infrastructure that transforms the management of supplier information into a key strategic asset. Aravo SIM provides a single unified platform to bring together internal users, suppliers, and third party data/service providers. By centralizing supplier information and providing a single-point of visibility for data and processes to stakeholders, Aravo SIM transforms enterprise supplier management, resulting in substantial cost savings, increased productivity and reduced risk.
About Aravo
The world’s best-run businesses utilize Aravo’s Cloud-based Supplier Lifecycle Management solutions and Supplier Risk Services to find and manage trading partner relationships, reduce supply chain risk, ensure global regulatory compliance and lower the cost of managing suppliers by up to 72%. Aravo launched the market’s first SIM/SLM solution in 2004 and has been the leading innovator in the space ever since. Customers such as General Electric, Accenture, and Boston University rely on Aravo to manage information and processes for over 2 million global suppliers. Aravo is based in San Francisco, with offices in Chicago, Dallas, New York, Portland, Monterrey, Mexico and Ahmedabad, India, and is backed by over $50 million in investment from Cisco Systems, Big Sky Partners, and others.
