Aravo Solutions

About Aravo Solutions

Aravo provides award-winning third party risk management software designed to help businesses manage, mitigate, and monitor risks associated with third-party relationships. Operating in sectors such as financial services, insurance, pharmaceuticals, and manufacturing, Aravo serves clients ranging from large enterprises to specialized firms. The company's core product is a scalable and integrated GRC (Governance, Risk, and Compliance) management software that offers solutions for vendor due diligence, onboarding, continuous monitoring, and performance management. Aravo's business model revolves around a SaaS (Software as a Service) platform, generating revenue through subscription fees for its software solutions. The company is recognized for its ease of implementation and has received accolades such as the GRC 20/20 Value Award for Third Party Management. Key features include ABAC (Anti-Bribery and Anti-Corruption) compliance, GDPR (General Data Protection Regulation) compliance, and supply chain resilience. Aravo's software is designed to be user-friendly, providing detailed reports and maturity scores to help businesses improve their risk management programs.