CUSTOMER PORTALThird-Party Risk Management is a Journey
Third-party risk management excellence begins with Aravo’s combination of expert services and robust Intelligence First™ platform.
REQUEST A DEMOAravo Has Unparallelled Third-Party Risk Management Expertise Born of Experience
We have expertly guided third-party risk management teams for over two decades to deliver innovative software solutions in supply chain, vendor, risk, and compliance management. Aravo’s unmatched expertise helps organizations evolve these siloed disciplines into a centralized approach that manages large, complex, extended enterprises of third-party and Nth-party relationships.
Overcome Third-Party Risk Management Challenges With Aravo
Organizations often struggle to implement third-party risk management (TPRM), typically choosing between custom solutions or multiple specialized applications. However, these approaches frequently fail, with over 50% of Aravo’s customers having previously attempted and failed to implement practical solutions.
Aravo provides a path to TPRM excellence while also addressing common challenges through a combination of a purpose-built TPRM platform, an integrated ecosystem of risk intelligence, expert services, and programs to drive TPRM success.
READ MOREServices Experts design and map your unique business processes, apply best practices, and develop key integrations. Learn More Success
Programs Optimize your TPRM with Aravo’s Strategic Alignment Framework® and specialized optimization services Learn More Integrated
Ecosystem Seamlessly connect with your risk intelligence providers through flexible integrations Learn More TPRM
Platform Aravo’s Intelligence First™ Platform provides global enterprises with proven scale, reliability, and security Learn More
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The Aravo Advantage: Expert Guidance for Your TPRM Journey
Unlock the full potential of Aravo deployment with Aravo Advantage—expert services designed to drive adoption, optimize performance, and deliver actionable insights for lasting success.
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Third-Party Risk Management and Supply Chain Resilience
In the early 2000s, TPRM focused on basic supplier or sourcing management, which eventually evolved to include managing supplier risk. Even today, many Aravo customers concentrate on supply chain resilience as a starting phase for TPRM.
READ MOREThird-Party Risk Management With Governance, Risk Management, and Compliance
A robust TPRM program integrates governance, risk management, and compliance (GRC) best practices. It goes beyond risk assessment to implement proactive governance, defining ownership, accountability, and processes. This approach ensures comprehensive risk management and extends compliance obligations across third parties. A third-party GRC program is not just an extension of internal GRC but an optimized framework for managing third-party risks effectively.
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