#1 most frequent
United States of America
68.0%5,348 installations of 7,863
What is Aravo?
Aravo Solutions headquartered in San Francisco offers cloud-based solutions for managing third party governance, risk, compliance and performance. Their goal is to help companies protect their business value and reputation by managing the risks associated with third parties and suppliers, and to build business value by ensuring that their third party relationships are optimized.
Categories & Use Cases
Who Buys & Uses Aravo
#2 most frequent
Canada
3.6%284 installations of 7,863
#3 most frequent
United Kingdom of Great Britain and Northern Ireland
3.3%256 installations of 7,863
Excellent tool for supplier management for regulatory compliance
Use Cases and Deployment Scope
Detailed control of supplier management for regulatory compliance and compliance with company quality requirements. The scope of use of the application is for the registration and control of suppliers, in which we can cover the part of legal questionnaires, quality questionnaires, IT questionnaires and make sure that suppliers are complying with the requirements before they are registered before orders are placed.
Pros
- Regulatory Compliance
- Ability to set up the process flows according to the company needs
- Good control with new suppliers
Cons
- Ease of use, there are some things that are repetitive
- Interface for the user
- Appearance of the generated reports
Return on Investment
- Better control in the supplier management
- Improvement in the evidence provided in the external audits to obtain certifications
- Difficulty in understanding Aravo-generated reports