September 25, 2016 10:05 AM ET

Internet Software and Services

Company Overview of Aravo Solutions, Inc.

Company Overview

Aravo Solutions, Inc. provides cloud-based third-party risk management and regulatory compliance solutions. It offers solutions in the areas of registration and qualification, anti-bribery/anti-corruption, responsible sourcing, and data privacy/data security. The company’s solutions allow users to collect, validate, and assess information associated with their third party relationships to manage and mitigate risk; automate due diligence processes and regulatory compliance across third party relationships; ensure third parties are operating in compliance with environmental, health, and safety requirements; and monitor third party data policies and day-to-day practices to ensure compliance wit...

555 California Street

Suite 350

San Francisco, CA 94104

United States

Founded in 2000

Phone:

415 835 7600

Fax:

415 835 7610

Key Executives for Aravo Solutions, Inc.

Chief Executive Officer
Age: 51
Founder and Executive Chairman
Chief Financial Officer
Chief Technology Officer and Chief Security Officer
Senior Vice President of Product Strategy and Alliances
Compensation as of Fiscal Year 2016.

Aravo Solutions, Inc. Key Developments

Aravo Solutions Appoints Kimberley Allan as Chief Marketing Officer

Aravo Solutions announced the appointment of Kimberley Allan as Chief Marketing Officer. Reporting to the CEO, Mr. Michael Saracini, Ms. Allan will lead Aravo Solution's global marketing initiatives including brand, corporate communications, digital marketing, thought leadership, demand generation and business development activities. Ms. Allan brings more than a decade of marketing leadership experience in the GRC space, building brand recognition, thought-leadership and revenue-accelerating marketing programs at companies including Thomson Reuters, SAI Global, the Global Association of Risk Professionals, Practical Law Company and Complinet. At Thomson Reuters, Ms. Allan was part of the senior leadership team that rapidly built the GRC and Risk Division from its inception and also helped launch Thomson Reuters' Org ID KYC Managed Service.

An Athletic Shoe and Apparel Manufacturer Selects Aravo Solutions

Aravo Solutions, Inc. announced the signing of a multi-year agreement with a $25 billion athletic shoe and apparel manufacturer to power their global third party risk and compliance program. The Aravo deployment will upgrade the company's inefficient, manual data and process environment with Aravo's best-in-class platform for risk and compliance management. Aravo will be utilized for the collection, validation, assessment, analysis, and reporting of third party information for both current and prospective third parties, including suppliers, retailers, distributors and partners. Aravo's new customer designs, manufactures and sells footwear, apparel, sports equipment and accessories worldwide. The company is globally recognized as the premier brand in the recreation and athletic market. As a result, protecting its brand value is of upmost importance, particularly with respect to external third parties. By utilizing Aravo, all third parties and suppliers will be evaluated based on risk criteria in order to identify those that present elevated risk to the company. Such entities will undergo extensive assessment and validation to ensure they meet the company's established guidelines and standards. Aravo was selected due to its deep domain expertise, its successful track record with similar Fortune 500 companies, its ability to rapidly configure unique workflows and processes, and the elegance and ease of use of its user interface and reporting environments.

Aravo Solutions, Inc. Announces Signing of Multi-Year Agreement with $3.3 Billion New York Based Fashion Brand

Aravo Solutions, Inc. announced the signing of a multi-year agreement with a $3.3 billion New York based fashion brand to power their global third party risk and compliance program. The program is a critical component of the organization's broader procurement automation initiative. Aravo will be utilized to mitigate third party risk by collecting, validating and assessing third party information. The solution will fully automate the company's current inefficient, manual processes. Third parties that represent elevated risk will undergo extensive assessment and validation to ensure they meet the company's established guidelines and standards. Once approved, Aravo will pass third parties to a recently selected procure-to-pay solution for onboarding. Aravo's newest customer is globally recognized and a respected fashion brand known for innovative design, premium clothing, hand bags and accessories. The firm has rapidly grown to more than 200 retail locations in North America and over 100 internationally. The company sought a user-friendly solution that could be rapidly configured and deployed, from a technology provider with a proven track record of customer success. The customer also sought to leverage Aravo's library of pre-built content and process templates, allowing them to deploy and go live far more rapidly than competing solutions.

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