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Aravo Solutions Inc

Aravo

Project Management Tools | Risk Management Software
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Product Overview

Aravo

Aravo delivers the market’s smartest third-party risk and resilience solutions, powered by intelligent automation.

For more than 20 years now, Aravo’s combination of award-winning technology and unrivaled domain expertise has helped the world’s most respected brands accelerate and optimize their third-party management programs, delivering better business outcomes faster and ensuring the agility to adapt as programs evolve.

With solutions built on technology designed for usability, agility, and scale, even the most complex organizations can keep pace with the high velocity of regulatory change. As a centralized system of record for all data related to third-party risk, Aravo helps organizations achieve a complete view of their third-party ecosystem throughout the lifecycle of the relationship, from intake through off-boarding and all stages in between and across all risk domains.

Specifications

Third-Party Management

With Aravo for Third Party Management, you can maintain a single inventory of all your third-party relationships, their firmographic data, and their risk profiles. Based on your organization’s needs, Aravo for Third Party Management can scale from a modest system for automating the processes that would otherwise be managed with spreadsheets and emails to a complex, highly customized end-to-end enterprise system for managing risk related to a virtually unlimited number of suppliers.

ABAC Compliance

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. 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

Data Privacy

A cloud-based solution designed for organizations that want to ensure that their third-party data processors are operating in compliance with data privacy requirements. Aravo for Data Privacy Compliance is a cloud-based solution designed for organizations that want to ensure that their third-party data processors are operating in compliance with data privacy requirements, including those set out in the General Data Protection Regulation (GDPR)

GDPR Compliance

A cloud-based application designed for organizations that want to ensure that their third-party data processors are operating in compliance with the General Data Protection Regulation (GDPR). Third-party relationships require a renewed focus for organizations who must be GDPR compliant. Aravo’s out-of-the box application is designed to help organizations identify third-party processors that fall in scope with the regulation and ensure the right controls for data management, processing, security, and breach reporting are in place.

Performance Management

A cloud-based solution that allows you to collect, track, and manage the quantitative and qualitative performance metrics of your suppliers. Aravo For Performance Management is a cloud-based solution that allows you to understand, monitor, and manage the performance standards of your third-party suppliers.

Information Security

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. Aravo for Information Security is a software-as-a-service solution that allows you to understand, manage, and mitigate the 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.

Environmental, Social & Governance (ESG)

Protect the planet, human lives, and your brand with Aravo for ESG, a SaaS solution that includes includes intelligent automation, data management, and configurability. Many of the world’s most respected global organizations rely on Aravo as they manage third-party ESG risks, such as:

Human and labor rights

Child labor

Environmental health and safety (EHS)

Discriminatory practices

Human trafficking

Disposal or control of hazardous materials, including emissions

Conflict minerals

Sustainability

Corporate ethics and oversight

Supply Chain Resilience

Aravo for Supply Chain Resilience can alert you to potential issues, automate supplier business impact assessments, and manage your response. Regardless of the cause, when a disruption threatens your supply chain, you need to know quickly, assess the potential risk, and take the appropriate action to protect the business. Aravo for Supply Chain Resilience is a SaaS solution that combines a supplier-oriented view of hazards that could impact your supply chain with business process automation needed to respond quickly.

Customer Defined Assessments

Incorporate your own proprietary risk assessments, together with supporting workflows, expand on, rationalize, and update these as business and regulatory conditions change. While standardized assessments are great, we also recognize that clients often have their own propriety assessments that align with their business requirements and have been approved by compliance and senior management.

Integration Framework

Integrate our best-in-breed capabilities and data management with your existing enterprise systems. Aravo’s flexible integration framework means that the system can integrate with any number of business systems including enterprise resource planning (ERP), procure-to-pay (P2P), accounts payable (AP), governance, risk and compliance (GRC), enterprise risk management (ERM), and in-house built systems.

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