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Brick and mortar business is a thing of the past: physical buildings and conventional employees no longer define an organization. The modern organization is an interconnected mess of relationships and interactions that span traditional business boundaries. In this context, organizations now struggle to adequately govern third party business relationships. Aravo is a third party management provider that GRC 20/20 has researched, evaluated, and reviewed with organizations that are using it in complex, distributed, and dynamic business environments. Aravo delivers a cloud Software as a Service (SaaS) solution to manage third party relationships. The solution can be deployed to manage specific third party risks (e.g., anti-bribery & corruption, responsible sourcing, and conflict minerals) or can be implemented as an enterprise platform to manage all third parties of the organization and be the single source-of-truth on master data and interactions.

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Enabling 360° Insight & Control of Third Party Relationships

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Brick and mortar business is a thing of the past: physical buildings and conventional employees no longer define an organization. The modern organization is an interconnected mess of relationships and interactions that span traditional business boundaries. In this context, organizations now struggle to adequately govern third party business relationships. Aravo is a third party management provider that GRC 20/20 has researched, evaluated, and reviewed with organizations that are using it in complex, distributed, and dynamic business environments. Aravo delivers a cloud Software as a Service (SaaS) solution to manage third party relationships. The solution can be deployed to manage specific third party risks (e.g., anti-bribery & corruption, responsible sourcing, and conflict minerals) or can be implemented as an enterprise platform to manage all third parties of the organization and be the single source-of-truth on master data and interactions.

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  1. The Extended Enterprise Demands Attention
    • The Modern Organization is an Interconnected Mess of Relationships
    • Inevitable Failure of Silos of Third Party Governance
  2. Aravo
    • Enabling 360° Insight & Control of Third Party Relationships
    • What Aravo Does
    • Aravo Enables the Third Party Management Lifecycle
    • Foundational Capabilities in Aravo
    • Benefits Organizations Have Received through Aravo
    • Considerations in Context of Aravo
  3. About GRC 20/20 Research, LLC
  4. Research Methodology

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rasmussenMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 23+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures, and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.

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No part of this publication may be reproduced, adapted, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of GRC 20/20 Research, LLC. If you are authorized to access this publication, your use of it is subject to the Usage Guidelines established in client contract. The information contained in this publication is believed to be accurate and has been obtained from sources believed to be reliable but cannot be guaranteed and is subject to change. GRC 20/20 accepts no liability whatever for actions taken based on information that may subsequently prove to be incorrect or errors in analysis. This research contains opinions of GRC 20/20 analysts and should not be construed as statements of fact.  GRC 20/20 disclaims all warranties as to the accuracy, completeness or adequacy of such information and shall have no liability for errors, omissions or inadequacies in such information.  Although GRC 20/20 may include a discussion of related legal issues, GRC 20/20 does not provide legal advice or services and its research should not be construed or used as such.

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