Products - Information Security - Header

IT Vendor Risk Management Software

Protect your brand reputation and reduce the time and cost with a software-as-a-service solution that allows you to understand, manage, and mitigate risks posed by third-parties.

IT Vendor Risk Management software limits your cyber risks by ensuring your third-parties protect your digital assets

Aravo’s IT Vendor Risk Management software-as-a-service solution allows you to understand, manage, and mitigate the cyber risks posed by third-parties and vendors that provide IT infrastructure and services, process customer or employee data, or have access to networks where that data resides.

Protect your brand reputation and reduce the time and cost associated with the due diligence process by combining your defined information security assessments with Aravo’s powerful workflow automation. With Aravo you can scope, distribute, track, and score dynamic online assessments, creating a centralized repository of vendors, assessments, risks, and mitigations.

Request Details

Aravo For Information Security in Action

Third-Party Risk Management - GRC Software Features Screenshot
Understand and mitigate IT security risks associated with third parties
  • Centralize all your third-party information security data, assessments, and processes.
  • Dynamically scope your IT risk assessment for each relationship based on the nature of the engagement.
  • Automatically identify relationships with information security risks and trigger corrective action as needed.
Stand up a best-practice program quickly and confidently
  • Implement a third-party information security risk program in as little as two weeks.
  • Leverage your IT risk assessments in a user-friendly process.
Increase third-party onboarding efficiency
  • Standardize the process for collecting firmographic as well as light risk domain responses to understand the inherent risk of the relationship.
  • Eliminate manual processes such as managing and tracking spreadsheets and emails.
  • Quickly scope assessments with point-and-click capabilities.
  • Reduce cycle times for onboarding new third-parties.
Report and monitor with complete visibility
  • Deliver actionable insight and enhanced governance with detailed third-party scorecards and powerful reporting capabilities.
  • Provide a full audit trail across the entire third-party information security risk management process.
Extend your program with ease
  • Extensible platform allows you to add third-party risk domains, such as GDPR, ABAC, FSRA, or a custom assessment.
  • Integrate with third-party data intelligence providers, such as BitSight and SecurityScorecard.
  • Integrate into your internal business systems including ERP, AP, GRC, and ERM systems.

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

Read Press Release

A LEADER

Forrester company logo

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

Read Press Release

A LEADER

Logo - Chartis RiskTech Quadrant® for Third-Party Risk Management Systems 2019

Chartis RiskTech Quadrant® for 3PRM Systems 2021

Read Press Release

Customer Insights

Decorative Quote Icon 1

Meets our complex, global needs for screening third parties for 3 risk areas

“The Aravo solution delivered meets our complex, global needs for screening third parties for 3 risk areas, collecting and validating supplier information required to support out procure to pay transactional processes and integrating that information with our SAP ERP system.”

– Financial Services & Solutions Associate Director,
Manufacturing Firm

Decorative Quote Icon 2

An excellent product and user-friendly UI

“An excellent product and user-friendly UI (user interface), good functionality and highly efficient. Below are the key features: Super easy customization; Ability to integrate with other tools; Supplier data storage management; Transparent process for supplier registration with time lines is beautiful; Supplier registration and de-registration is easy. Easy to use tool and good visual appearance.”

– Assistant Manager, Services Industry

Decorative Quote Icon 3

Best fit for our requirements

“Best fit for our requirements, transparent and capability to handle greater volume of requests with ease. [The] Aravo technical team is very professional and supportive.”

– Process Lead,
Financial Services Firm

Your Program

Benefits

With Aravo, you get better strategic results from your vendor relationships. Benefits include:

Centralize and standardize

Your third-party inventory and process controls, with a single source of truth for all your third-parties, critical third-parties, and their subcontractors.

Demonstrate compliance

To the board, senior management, internal audit, and examiners with real-time reporting and a complete audit trail.

Drive efficiency and reduce costs

By reducing operational burden with automated processes, saving time and resources.

Holistic solution

That can be easily extended to other risk domains, processes, or integrations with third-party data providers, including BitSight and Security Scorecard.

Related Content

blue_ring yellow_ring red_ring green_ring

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
Our Expertise
Expertise
Who We Help
Customers

Ready to get started?

Schedule a Personalized Demo

The Definition of Better Business

Better business is built on acting with integrity. It commands better performance, delivering better efficiency, collaboration, and financial outcomes. It inspires trust. But better business is more than that – it’s about lifting the ethical standard of an entire business ecosystem to build a better world.

Industries
© 2000 - 2023 Aravo Solutions, Inc. All rights reserved. Privacy Policy