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SAN FRANCISCO, Calif., November 15, 2015 – Aravo Solutions, the only platform that can support the complex third party risk & compliance demands of the Global 2000, announced today that its Responsible Sourcing Application is now available for the automation of broad-ranging corporate and social responsibility initiatives. As part of Aravo’s commitment to eliminating corporate corruption and social injustice, the Responsible Sourcing Application now provides a foundation of best-practice content for ensuring compliance with a variety of human rights, health and safety, environmental and ethical standards.
“Aravo is dedicated to reducing bribery, corruption, unethical labor practices and cyber threats around the world. Indeed, several of our customers have already designed and implemented custom programs for reinforcing responsible sourcing practices in support of their own initiatives.” said David Rusher, Vice President, Product Strategy and Services at Aravo. The Responsible Sourcing Application can be used as a turnkey solution, or as a template which can then be rapidly customized to address the highly complex structures found in larger corporations. “Aravo applications are designed to offer companies best-practice approaches to managing their third party compliance programs. We research regulations, standards and guidance around the world and incorporate the best of these into our solutions. This offers our clients confidence that they’re getting a solution that incorporates more than their own ideas,” continued Rusher.
Aravo’s Responsible Sourcing Application provides pre-built, best-practice content for collecting, validating and assessing third parties’ policies and processes, and thus ensuring compliance with human & labor rights, non-discrimination laws, ethical and environment business practices and health & safety directives. Content includes: questionnaires, notifications, approval workflows, searches and reports. The pre-built content allows organizations to achieve faster time-to-value through taking advantage of Aravo’s sixteen years of experience working with some of the world’s largest and most complex organizations. Companies can now benefit from Aravo’s domain expertise in designing these programs to comply with internal or global corporate responsibility objectives in weeks rather than months, or years.
Aravo’s employees are dedicated to making the world more ethical by eliminating corporate corruption and social injustice. Aravo manages the complex global compliance programs for the top industry leaders in pharmaceuticals, oil & gas, financial services, consumer packaged goods, technology, mining, automotive, retail and manufacturing. Accenture, Cisco, GE, Unilever, and Visa, amongst others, count on Aravo’s market leading solution to deliver configurability, rapid time-to-value and localized solutions. Aravo currently supports a user base of 65,000 corporate users managing 3.1 million third parties in 33 languages and 112 countries. Aravo is headquartered in San Francisco, with offices across the US, Europe and Asia.