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Aravo to Power Best-in-Class Third Party Registration and Qualification
SAN FRANCISCO, Calif., September 30, 2014 – Aravo Solutions, Inc., the leading provider of cloud-based Third Party Risk & Compliance solutions, announced today the signing of a multi-year agreement with a $4 billion CRM Software as a Service pioneer to power their third party/supplier registration and performance processes. Aravo displaced an incumbent solution that stalled mid- deployment due to a lack of required functionality, resulting in a need for extensive custom development. With just two days of award, Aravo went live with pre-built content, forms, and processes in multiple languages, including Japanese.
Aravo’s client is a SaaS pioneer which has consistently been ranked by Forbes magazine as the most innovative company in America. The firm provides sales, marketing, customer service, and social collaboration automation solutions to B2B customers. After surveying the marketplace, Aravo was selected for its unique ability to codify third party registration, compliance, and performance best practices content into a streamlined, easy to deploy, and “brandable” application.
“Being a Software as a Service provider, Aravo is honored to be selected by the most respected pioneer in the Software as a Service industry,” stated Michael Saracini, Chief Executive Officer at Aravo Solutions. “This selection further validates the research and development investment that Aravo has directed to the third party risk and compliance space.”
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, Unilever, and DuPont. Aravo currently supports a user base of over 36,000 buyers managing 2.4 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.