Aravo Third-Party Risk Management centralizes vendor risk work for global enterprises, covering the lifecycle from nomination and onboarding through ongoing monitoring and offboarding. Its workflows address due diligence, risk assessments, renewals, remediation, and other recurring tasks, with automation intended to streamline repetitive steps. The platform sends real-time alerts about operational issues, financial instability, and security gaps. Its Information Security application supports assessments, document collection, scoring, issue remediation, reporting, and audit trails. Aravo says it connects with more than 45 risk intelligence providers, including BitSight and SecurityScorecard for cyber-risk information. The connector framework exchanges data using XML or JSON through SOAP and REST, and can link with ERP, procure-to-pay, accounts payable, GRC, ERM, and in-house systems. The cloud product is available via web and API. Contract storage, renewal alerts, performance tracking, vendor risk assessments, and intake workflows are listed capabilities. Pricing is on request, and the listed plan offers a personalized demo. Existing customers can use the Customer Care Portal or contact Customer Success by email.
Who it is for
Aravo is aimed at large enterprises and global brands seeking centralized third-party risk management across vendors and connected systems. It suits teams with needs spanning onboarding, assessment, monitoring, remediation, and offboarding.
What is good
- Covers the vendor lifecycle through offboarding
- Automates onboarding, assessments, and renewals
- Connects with over 45 risk intelligence providers
- Supports SOAP and REST data exchange
What to know first
- Pricing is available on request
- The listed plan is a personalized demo
Verdict
Aravo brings vendor workflows, alerts, security reviews, and enterprise integrations into a single cloud offering. Organizations need to request pricing and a demo to assess the fit.
Get started with Aravo Third-Party Risk Management
- Visit the Aravo Third-Party Risk Management website.
- Request a personalized demo for the comprehensive TPRM plan.
- Access the cloud service through the web or API.
Questions about Aravo Third-Party Risk Management
How much does Aravo Third-Party Risk Management cost?
Pricing is on request. The listed plan offers a personalized demo.
Which platforms does it support?
The cloud product is available through web and API.
What parts of the vendor lifecycle does it cover?
Its workflows cover nomination, onboarding, due diligence, assessments, monitoring, remediation, and offboarding.
What systems can it integrate with?
Aravo says its framework can connect with ERP, procure-to-pay, accounts payable, GRC, ERM, and in-house systems.
Does it support security risk assessments?
Its Information Security application supports assessments, document collection, scoring, issue remediation, reporting, and audit trails.
How can existing customers get support?
Existing customers can use the Customer Care Portal or contact Customer Success by email.
Aravo Third-Party Risk Management plans and pricing
All plansCompared on IT vendor management software
- Contract storage
- Yes
- Renewal alerts
- Yes
- Performance tracking
- Yes
- Vendor risk assessments
- Yes
- Intake workflows
- Yes
- Deployment
- cloud
