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.
Aravo Has Unparalleled 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. Moreover, by embedding AI into third-party workflows, Aravo enables faster evaluations, stronger compliance, and scalable resilience. Discover Aravo’s Intelligence First™ AI.
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.
Services 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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Navigate the Complex World of Third-Party Risk Solutions with Confidence
Our Third-Party Risk Management Field Guide is your comprehensive resource for exploring the diverse landscape of TPRM solutions. Use it to unlock essential strategies for identifying and assessing the right risk solutions for your extended enterprise.
Manage the Full Lifecycle of Third-Party Risk Management
In a single, accessible registry of third-party relationships, orchestrate onboarding, risk evaluations, remediation, and offboarding; track all agreements, communications, assessments, and auditable records.
Third-Party Risk Management and Procurement Transformation
Organizations frequently kickstart risk management efforts in procurement, the entry point for vendor relationships. Aravo partners with procurement teams to establish strong risk management programs that often expand into comprehensive Third-Party Risk Management (TPRM), centralizing risk visibility for the enterprise.
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.
Third-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.
