Third-Party Risk Management
byAravo
Aravo is a company that provides comprehensive third-party risk management solutions through its Intelligence First™ Platform. This platform integrates artificial intelligence to deliver transparent, governed, and defensible decisions across global ecosystems of suppliers, vendors, and third parties. Aravo's offerings include vendor nomination and intake, onboarding, due diligence, continuous monitoring, contract management, performance management, issue remediation, and offboarding. The platform also features AI-powered workflow automation, interactive agents, and a wide range of risk domain and compliance applications, such as anti-bribery and corruption (ABAC) compliance, data privacy, information security, environmental, social, and governance (ESG) factors, and financial compliance.
Features
- Vendor nomination and intake
- Vendor onboarding
- Vendor due diligence
- Continuous monitoring
- Vendor contracts management
- Vendor performance management
- Issue management and remediation
- Vendor termination and offboarding
- AI-powered workflow automation
- Interactive agents
- Risk domain and compliance applications (ABAC compliance, data privacy, information security, ESG, financial compliance)
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