Description
Enabling Third-Party Governance, Not Just Risk Management
Organizations across industries must adopt a more integrated approach to third-party management that transcends traditional risk management and focuses on third-party GRC. This approach starts with governance—establishing clear objectives for each relationship—and flows through risk and compliance management, ensuring that third-party relationships align with the organization’s strategic goals. To achieve this, organizations need to invest in technology platforms that provide an integrated view of third-party GRC. These solutions streamline third-party management processes, enhance visibility into risks and compliance issues, and provide actionable insights to help organizations make informed decisions.
Aravo is a third-party GRC solution provider that GRC 20/20 has researched, evaluated, and reviewed with organizations that use its solutions across distributed, dynamic, and disrupted business environments worldwide. Aravo is designed to manage the full third-party lifecycle, providing organizations with an integrated platform to govern, assess, and monitor third-party risks and compliance obligations across various industries.
Aravo’s platform offers a holistic approach to third-party risk management by connecting people, systems, and data on a secure, cloud-based solution. This enables organizations to efficiently manage third-party GRC, and not only third-party risk, ensuring that all third-party relationships are aligned with the organization’s strategic, operational, financial, and regulatory goals. Aravo’s suite of solutions helps organizations maintain visibility into third-party risks, empowering them to make informed decisions that mitigate risk while ensuring compliance.
Do you have a question about Aravo or other third-party GRC (risk management) solutions available in the market?
Table of Contents
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Beyond Third-Party Risk Management
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Achieving Third-Party Governance
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Common Pitfalls in Third-Party Management
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Third-Party GRC: A Strategic Imperative Across Industries
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Aravo
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Enabling Third-Party Governance, Not Just Risk Management
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What Aravo Does
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Aravo Addresses Specific Third-Party Risk Domains
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Aravo’s Additional Capabilities and Differentiators
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Benefits Organizations Can Expect with Aravo
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Considerations in Context of Aravo
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About GRC 20/20 Research, LLC
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Research Methodology
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