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German Supply Chain Due Diligence Act (LkSG)

Automate your supply chain program to meet the obligations of the LkSG

The German Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz or “LkSG”) focuses on protecting human rights and ensuring environmental sustainability in your supply chains, requiring companies to produce public-facing due diligence reports for transparency.

Aravo’s leading third-party and supply chain risk management platform provides organizations with a pre-configured third-party due diligence and risk management solution aligned to the nine obligations of the LkSG.

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“In today’s global impact of ESG, Aravo is one of the few solutions solving the most complex organizational challenges in the extended enterprise.”

– Michael Rasmussen, GRC Pundit and Analyst, GRC 2020

Benefits of Aravo Solution

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Establish a risk management system

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Support Human Rights Officer with Insights and Program Monitoring

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Conduct risk analyses at a minimal annually

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Distribute your Human Rights Policy to Suppliers

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Establish preventative measures for your org and suppliers

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Take remedial actions to minimize potential violations

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Establish a complaints procedure

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Undertake due diligence for supplier risks

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Document and report due diligence obligations annually

Meet Compliance Requirements

Assess third parties and suppliers to meet LkSG obligations

  • Pre-configured with human rights and environmental questionnaire for suppliers
  • Out-of-the-box scoring framework to quicky identify potential risk issues
  • Demonstrate compliance program effectiveness to regulators, auditors, and other key stakeholders

Risk Intelligence and Continuous Monitoring

Use external risk intelligence providers for initial and continuous monitoring of suppliers

  • Screen third parties and suppliers with risk intelligence data providers, including EcoVadis, Dun & Bradstreet, and Supply Wisdom
  • Automated continuous monitoring of third parties and suppliers
  • Real-time alerts to address emerging risk issues against the obligations of the LkSG

Executive Dashboards and Reporting

Review metrics and centralize reporting of LkSG risk and compliance performance

  • Single, transparent view of the entire program
  • Role-based dashboards for compliance, sustainability, risk, procurement, and other business leaders
  • Review potential risk exposure of business-critical suppliers and third parties

Customer Insights

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A highly customizable and versatile system

” Aravo is an excellent tool for managing end to end processes, with tailored workflows, emails and chase cycles built in to the automated system capability. Aravo’s strength for me lies in its traceability and high level of automation. Aravo is a highly customizable and versatile system. “

– Social Accountability Manager, Global Manufacturing Firm

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ROI is not just positive, it’s massively positive

“Aravo provides GE with a globally accessible application for the management of critical information around our supply base and allows us to syndicate the information to our various purchasing, payables and other systems so that we can have one coordinated view of all supplier activity and commitments. We are confident that the ROI is not just positive, but it’s massively positive.”

– Corporate Initiatives Group,
GE Global Procurement

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Aravo are a great company with a great product which has served us well

“We have used Aravo for eight years now, and it has been a backbone of our supplier information and compliance processes. Aravo themselves are excellent to work with and have been highly supportive and understanding of our business goals.”

– Lead IT SME,
Program and Portfolio Management,
Manufacturing Company

Market-Leading
Software from Aravo

Aravo has the market’s most comprehensive set of capabilities for managing third-party, vendor, and supplier risk and performance

A LEADER

Logo - The 2020 Gartner Magic Quadrant for IT Vendor Risk Management Tools

Aravo Named a Leader in the 2021 Gartner® Magic Quadrant™ for IT Vendor Risk Management Tools

A LEADER

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The Forrester Wave™: Supplier Risk and Performance Management Platforms, Q3 2020

A LEADER

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Chartis RiskTech Quadrant® for 3PRM Systems 2021

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What we do

Aravo delivers award-winning, market-leading cloud-based solutions for managing third party governance, risk, compliance, and performance.
Third-Party Risk and Performance Management Supplier Risk and Performance Management Vendor Risk Management Contractor Risk Management

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