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Aravo

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Last updated on

Company health

Employee growth
5% increase in the last year
Web traffic
No change in the last quarter
Financing
April 2012 - $51M

Ratings

G2
4.5/5
(2)

Aravo description

Aravo is a software platform designed for managing the risks associated with your company's vendors and suppliers. It helps you keep track of all your vendors, assess their potential risks (like financial instability or cybersecurity vulnerabilities), monitor their performance, and ensure they comply with relevant regulations. This is done through automated workflows, risk scoring, and insightful dashboards. Aravo is highly configurable, catering to businesses with varying levels of experience in managing third-party risks, and offers specialized solutions for specific industries and regulations.


Who is Aravo best for

Aravo is a robust vendor risk management platform ideal for large enterprises. It helps streamline vendor oversight, risk assessment, and compliance, providing automated workflows and insightful dashboards. Aravo excels at centralizing vendor data and automating key processes.

  • Best fit for enterprise businesses.

  • Suitable for various industries, especially those with complex vendor ecosystems.


Aravo features

Supported

Aravo supports assigning and conducting risk assessments.

Supported

Aravo supports creating and sending questionnaires for due diligence.

Supported

Aravo supports risk mitigation planning as part of its broader risk management lifecycle.


Aravo alternatives

  • Logo of ProcessBolt
    ProcessBolt
    Automate vendor risk assessments for a secure supply chain.
    Read more
  • Logo of Auditive
    Auditive
    Automate third-party risk assessments with AI for regulatory compliance.
    Read more
  • Logo of 3rdRisk
    3rdRisk
    Streamlines third-party risk management, from assessment to monitoring.
    Read more
  • Logo of SecurityScorecard
    SecurityScorecard
    Rates cybersecurity risk for your business and your vendors.
    Read more
  • Logo of Resolver
    Resolver
    Connects risk data for smarter decisions, stronger resilience.
    Read more
  • Logo of CyberGRX
    CyberGRX
    Streamlines third-party cyber risk management for smarter vendor choices.
    Read more

Aravo FAQ

  • What is Aravo and what does Aravo do?

    Aravo is a third-party risk management platform that helps businesses monitor vendors, assess risks, and ensure compliance. It offers automated workflows, risk scoring, and insightful dashboards, catering to businesses of all sizes with varying risk management experience. Aravo is highly configurable and offers specialized solutions for specific industries and regulations.

  • How does Aravo integrate with other tools?

    Aravo integrates with other tools through APIs and pre-built connectors, facilitating data exchange with existing systems like GRC platforms, ERPs, and procurement solutions. This streamlines workflows and enhances risk management processes.

  • What the main competitors of Aravo?

    Aravo's main competitors include Venminder, Certa, AuditBoard, and ProcessBolt. These platforms offer similar vendor risk management functionalities, including risk assessments, monitoring, and compliance management. Silobreaker focuses on broader risk intelligence, while SafeGuard Privacy specializes in data privacy compliance.

  • Is Aravo legit?

    Yes, Aravo is a legitimate software platform for third-party risk management. It helps businesses monitor vendors, assess risks, and ensure compliance. Aravo is safe and suitable for enterprises seeking to improve their vendor risk management processes.

  • How much does Aravo cost?

    I couldn't find specific pricing details for Aravo. Contact Aravo directly for a personalized quote based on your business needs. Consider exploring alternative Third Party Risk Management solutions if budget is a primary concern.

  • Is Aravo customer service good?

    There is no information available about Aravo's customer service.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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