ABAC Compliance Software

Name: ABAC Compliance Software
Brand: Aravo
Availability: InStock

A cloud-based application that allows you to stand up a best-practice program with an established track record of success in helping some of the world’s most respected brands guard against corruption in their complex third-party networks

Protect your brand and bottom line with anti-bribery and anti-corruption (ABAC) compliance software.

Aravo has an established track record of success in helping some of the world’s most respected brands guard against corruption in their complex third-party networks. This experience has been distilled into our pre-defined ABAC solution, which includes a proprietary best practice questionnaire built on guidance from the FCPA, UK Bribery Act, the Organisation for Economic Co-operation and Development (OECD), and ISO 37001.

Aravo for ABAC Compliance is a cloud-based application that allows you to stand up a best-practice program quickly and with confidence.

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Aravo For:

Third-Party Workflow Management

Machine Learning and AI TPRM Solutions

Risk Domain and Compliance Applications

Performance Management

TPRM Integration Framework

Automate every step of your anti-bribery and corruption program.

Third-Party Risk Management - GRC Software Features Screenshot

Centralize all of your third parties and their engagements

Proactively screen third parties for embargoed or sanctioned status against consolidated lists.
Establish a secure system of record for identifying risk segments.
Identify third parties that require additional screening to assess their level of ABAC risk.

Understand and manage ABAC risk in your third-party network

Collect data and documentation in accordance with best practice guidance from the OECD, FCPA, UK Bribery Act, and ISO 37001.
Dynamically scope assessments based on third-party responses.
Determine beneficial ownership, association with government officials, and other factors associated with third-party ABAC risk.

Establish processes that reflect ethical business behaviors

Help to ensure that all internal policies and processes are followed with automated workflows.
Embed training so that users understand policy and procedure and why it is important.
Reinforce accountability with clear explanations of responsibilities associated with attestation.

Continuously monitor ABAC risk profile

Alert users to changes in risk profile such as ownership changes or negative publicity.
Ensure SLAs and KPIs are monitored and met.
Initiate action plans for remediation, including cross functional teams and the third party in the issue resolution process.

Report and monitor with complete visibility

Real-time reporting and analytics.
Role-based, ABAC-specific dashboards that allow you to dynamically drill into any detail.
Full audit trail across the entire third-party risk management process.

Integrate into your wider ecosystem

Able to integrate into your internal business systems including ERP, AP, GRC, and ERM systems.
Able to integrate with a broad range of content partners for validation, enhanced due-diligence, and continuous monitoring processes.
Extend to include additional risk domains or organization-specific ABAC practices.

Market-Leading Supply Chain Resilience Software from Aravo

Aravo offers the market’s most comprehensive set of capabilities for managing third-party, vendor, and supplier risk and performance, delivering supply chain risk management solutions that enhance operational resilience.

A LEADER

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

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A LEADER

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

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A LEADER

Chartis RiskTech Quadrant® for 3PRM Systems 2021

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Customer Insights

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

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

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