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Aravo Makes the 50/50 List for a Second Year in a Row
SAN FRANCISCO, Calif., April 20, 2015 – Aravo Solutions, Inc., the leading provider of cloud-based Third Party Risk & Compliance solutions, announced today that the firm has been selected by Spend Matters as one of “50 Providers to Know” in the 2015 Spend Matters Almanac. Spend Matters is the market’s premier procurement advisory services firm, known for deep subject matter expertise in the supply chain and procurement sector.
Spend Matters created the Spend Matters Almanac to provide a standardized guide to the market’s leading supply chain and procurement solution providers. The Almanac includes firm profiles and information about product positioning, functionality and capabilities. The Almanac contains two tiers of solution providers: “50 Providers to Watch” and “50 Providers to Know.” The “50 Providers to Know” list represents the proven solution provider tier within the Spend Matters Almanac framework. The list is compiled based on rigorous and comprehensive research by Spend Matters analysts.
“The 50/50 list is the product of great debate and discussion by the analysts on the Spend Matters team. Compiling the list literally takes months of analysis and involves substantial back and forth. We are thrilled to release our 2015 list and congratulate all of the providers and organizations that made the list. Many of the choices were not easy. In just over a year since launch, the Spend Matters Almanac has become the most important go-to reference source for those seeking to research the solution provider community” said Jason Busch, Managing Director of Research at Spend Matters. “Spend Matters defines the ’50 to Know’ as companies designated as members of the established old guard of proven providers. Simply put, they’re companies that practitioners should have some basic information on at all times given their status as market leaders.”
“For years Spend Matters has been a respected, impartial information resource for Aravo’s customer base and the extended practitioner community” said Michael Saracini, Chief Executive Officer at Aravo. “The Aravo team is honored to be designated as a part of Spend Matters 50/50 list for the second year in a row.”
Aravo provides the market’s leading third party risk management and regulatory compliance solution. Aravo launched its cloud-based platform in 2004 and continues to serve as the industry’s leading innovator today. Our market-leading third party risk and compliance solutions include Registration and Qualification, Anti-Bribery / Anti-Corruption, Responsible Sourcing, and Data Privacy / Data Security. The world’s best-run businesses utilize Aravo’s platform, including General Electric, Accenture, Salesforce.com, Cisco Systems, Procter & Gamble, Unilever, and DuPont. Aravo currently supports a user base of over 50,000 buyers managing 2.7 million third parties in 38 languages and 112 countries. Aravo is headquartered in San Francisco, with offices in Chicago, Dallas, Portland, Monterrey, Mexico and Ahmedabad, India.