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Introduction

Many corporations have deployed departmental or risk domain-specific tools and processes to manage their relationships with vendors. This has resulted in disconnected processes where risk is managed in siloes. Aravo's solution addresses this.

Highlights

  • Assessment of the inherent risk of partner vendors can be at both the entity and the engagement level and can be represented across a number of risk dimensions, and risk scoring has the ability to integrate internal, vendor self-assessment, and popular third-party scoring sources.
  • Relationship complexity, and growth of numbers of suppliers, is elevating the need for automation of processes throughout the vendor risk-management lifecycle (from inherent risk through to residual risk, and through application of their unique control frameworks).
  • Vendor questionnaire configuration supports a wide range of styles appropriate to different sizes of third party and the scope/type of their engagement with the business.

Features and Benefits

  • Learn why Aravo's combination of domain expertise, technology, and integration capabilities is most suitable for very large organizations.
  • Profiles Avaro's background and its vendor risk management solution.

Key questions answered

  • How does Aravo position vendor risk management with adjacent third-party management capabilities?
  • How is Aravo's solution positioned in its target markets?

Table of contents

Summary

  • Catalyst
  • Key messages
  • Ovum view

Recommendations for enterprises

  • Why put Aravo on your radar?

Highlights

  • Background
  • Current position

Data sheet

  • Key facts

Appendix

  • On the Radar
  • Further reading
  • Author