Overview
Product Information on Aravo Third-Party Management
What is Aravo Third-Party Management?
Aravo Third-Party Management Pricing
Overall experience with Aravo Third-Party Management
“Exceptional scalability and configurability make Aravo an outstanding tool for TPM”
About Company
Company Description
Aravo provides third-party risk management solutions powered by intelligent automation software. Designed to meet the needs of third-party risk management teams at Global 2000 enterprises, we help organizations thrive in a global economy with growing security, regulatory, and brand risk. With our Intelligence First Platform purpose-built to manage third-party risk, Aravo uses AI to optimize time-intensive processes, reduce manual work, and drive better business outcomes. Trusted by over 9 million third-party users and 800,000 corporate users in 195+ countries, Aravo empowers global enterprises to mitigate risk, build business resilience, and promote brand integrity across their extended enterprise.
Company Details
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Reviewer Insights for: Aravo Third-Party Management
Performance of Aravo Third-Party Management Across Market Features
Aravo Third-Party Management Likes & Dislikes
Its scalability and wide range of integrations supported as standard, but most of all - its configurability.
Relay functionality passing task from one user group to another
Easy to use, covers multiple risk domains at one, cover basic TPRM functionalities with the options to easily enhance and bring it to the next level.
Its user interface is dated which detracts from its overall capabilities. Some of the integrations are not user-friendly - particularly where the integration requires an entity identifier to be entered first to bring back potential matches; what takes seconds in a web-based tool takes minutes in Aravo because of the way the integration is built.
Limitations on reporting - e.g. not able to extract a report of a facility's performance over time, there are fields that overwrite and lose the previous status of the facility. Unable to enter assessments offline and upload later - auditors experience issues with connectivity at some sites and have to manually re-enter audit details after the fact.
User interface can be improve (the look of it, mainly)
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Aravo Third-Party Management Reviews and Ratings
- Manager, Legal and Compliance10B+ USDManufacturingReview Source
Exceptional scalability and configurability make Aravo an outstanding tool for TPM
Aravo's offering has been exceptional - from initial conversations through to implementation and post-implementation support. - Legal and Compliance Associate10B+ USDTravel and HospitalityReview Source
Aravo Contact Service Praised But Reporting and Offline Use Raise Concerns
Service from Aravo contacts is excellent, but the tool limitations can be problematic, e.g. issues with reporting (no report to see historical performance of a facility over time) - Director Of Procurement10B+ USDConsumer GoodsReview Source
Comprehensive Support and Expert Guidance Provided During Implementation Phase
great support throughout the implementation, from account management, design team and customer success. The Aravo team provided good insights on best practices and suggestion of design based on our level of maturity in TPRM. - IT Security & Risk Management Associate10B+ USDBankingReview Source
Automation Features Address Internal Needs But Workflow Configuration Can Be Clunky
It has simplified end-to-end supplier lifecycle tracking. The team is helpful and has always assisted as issues arise. - Manager10B+ USDManufacturingReview Source
Flexible Platform Capable of Handling Global Compliance Needs Backed by 5 Star Customer Service
Flexibility of product, continued investment in functionality and customer service.