Aravo
Third party & supplier risk management software
Vendor security and privacy assessment software
Risk assessment software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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- Banking and insurance
- Professional services (engineering, legal, consulting, etc.)
- Healthcare and life sciences
What is Aravo
Aravo is a third-party and supplier risk management platform used to onboard, assess, and monitor vendors across risk domains such as security, privacy, compliance, and ESG. It supports workflows for collecting supplier information, distributing questionnaires, managing issues and remediation, and maintaining an auditable record of third-party due diligence. The product is typically used by procurement, risk, compliance, and security teams that need centralized oversight of supplier risk across business units. It emphasizes configurable workflows and integrations to connect third-party risk processes with upstream sourcing and downstream governance activities.
Broad third-party risk coverage
Aravo supports multiple third-party risk use cases in one system, including onboarding, periodic reviews, issue management, and ongoing monitoring. It can accommodate different risk domains (e.g., security, privacy, compliance, and ESG) without requiring separate point tools for each program. This helps organizations standardize controls and evidence collection across vendor types and business units. It is well-suited to enterprises managing large and diverse supplier populations.
Configurable workflows and controls
The platform provides configurable workflows for assessments, approvals, exceptions, and remediation tracking. Teams can tailor questionnaires, scoring, and review steps to match internal policies and regulatory requirements. This flexibility supports different third-party tiers and varying due diligence depth. It also helps maintain consistent process execution and auditability across regions and departments.
Enterprise integration orientation
Aravo is commonly deployed as part of broader governance and procurement ecosystems and is designed to integrate with adjacent enterprise systems. Integrations can reduce manual data entry by reusing supplier master data and pushing risk outcomes to downstream stakeholders. This supports cross-functional collaboration between procurement, security, privacy, and compliance. Centralized reporting enables management visibility into third-party risk posture and remediation status.
Implementation can be resource-intensive
Configurable enterprise platforms often require significant upfront design, data mapping, and workflow configuration. Organizations may need dedicated internal owners and partner support to align the tool with existing third-party risk processes. Time-to-value can be longer than lighter-weight assessment tools focused on a single domain. Ongoing administration may also be needed as policies and vendor populations change.
User experience varies by configuration
Because workflows and forms are highly configurable, end-user experience can differ across programs and business units. Poorly designed questionnaires or approval paths can increase friction for vendors and internal reviewers. Achieving consistent usability typically requires governance over template design and change management. This can be a challenge in decentralized organizations.
Not a pure security assessment tool
While Aravo supports vendor security and privacy assessments, organizations with highly specialized security evidence automation needs may still require complementary tooling. Security teams may need additional integrations or processes to handle deep technical validation, continuous control monitoring, or security artifact normalization. The platform’s strength is program management and workflow rather than replacing all security-specific validation methods. Fit depends on how much of the security program is questionnaire-driven versus telemetry-driven.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| TPM Express | Custom pricing — contact Aravo | Pre-configured application aligned to program maturity; designed for earlier-stage TPRM programs; Aravo states Express is a tiered offering (see Aravo blog/press). cite |
| TPM Standard | Custom pricing — contact Aravo | Pre-configured application aligned to program maturity; intermediate capabilities; Aravo documents Standard as a tiered offering. cite |
| TPM Advanced | Custom pricing — contact Aravo | Pre-configured application aligned to program maturity; advanced capabilities for mature programs. Aravo states Express/Standard/Advanced include unlimited internal and vendor users and no limits to number of assessments. cite |
| Supplier Risk QuickStart (historical 2010 press release) | Fixed fee $50,000 (published Feb 23, 2010) | 60-day implementation; includes software, services, training and support; imports up to 1,000 suppliers and pre-built supplier risk profile attributes (historic offering). cite |
Seller details
Aravo Solutions, Inc.
San Francisco, CA, USA
2000
Private
https://www.aravo.com/
https://x.com/aravosolutions
https://www.linkedin.com/company/aravo-solutions-inc/
