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May 24, 2015 4:24 PM ET

Internet Software and Services

Company Overview of Aravo Solutions, Inc.

Company Overview

Aravo Solutions, Inc. provides cloud-based software for supplier lifecycle management, supplier information management, risk, performance, and compliance. It offers Aravo Discover, a SaaS solution for automating and managing supplier discovery; Aravo Enable, a SaaS solution for managing enterprise-wide supplier enablement and administration; and Aravo Enforce, a SaaS solution to empower users to find, request, and obtain approvals to use preferred suppliers across various product categories, ensuring the realization of negotiated savings. The company also provides Aravo Supplier Risk Management, a SaaS solution to measure, monitor, and manage supplier risk in a closed-loop process; Aravo Qua...

100 California Street

Suite 1320

San Francisco, CA 94111

United States

Founded in 2000

Phone:

415-835-7600

Fax:

415-835-7610

Key Executives for Aravo Solutions, Inc.

Chief Executive Officer
Age: 49
Founder and Executive Chairman
Chief Financial Officer
Chief Technology Officer
Vice President of Product Strategy and Services
Compensation as of Fiscal Year 2014.

Aravo Solutions, Inc. Key Developments

Aravo Solutions, Inc. Signs Multi ­Year Agreement with Global Imaging Products Company

Aravo Solutions, Inc. announced the signing of a multi ­year agreement with a subsidiary of a multi billion dollar global imaging products company based in Tokyo, Japan to power their third party adaptive procurement & sourcing practices. As a part of its core business model, this company embeds strategic third parties/suppliers within the operations of its customer base to deliver on their value proposition. As a result, should a third party/supplier be non­performant it presents significant risk to the company's reputation and brand image. They desired a solution that could be rapidly deployed to adequately register and qualify their third parties/suppliers in order to control their reputational risk. The company selected Aravo's Third­Party Registration & Qualification application designed to be deployed in a matter of weeks due to its pre­built library of registration and compliance content, workflows, and communication templates.

Global Leader in Science and Engineering Products Chooses Aravo Solutions, Inc.'s Aravo Enterprise(TM) to Power Global Supplier Portal

Aravo Solutions, Inc. and Supplier Risk Services announced that a global leader in science and engineering products has selected Aravo Enterprise(TM) to power its global supplier portal and provide a single source of truth for all enterprise supplier information and compliance data. Using Aravo's industry-leading SLM technology, the company will dramatically improve supplier compliance visibility and tracking, while driving down the cost of managing global supplier relationships through process automation and seamless integration with other enterprise systems. Using Aravo's robust role and process-based management dashboards, the company's users will have instant access to key supplier information, with the ability to easily drill into specific supplier alerts, workflow tasks or compliance status. Faced with multiple enterprise transaction systems and an inadequate legacy supplier management solution, the company found it increasingly difficult to access timely accurate supplier compliance and profile information. Supplier collaboration relied upon costly manual processes and systems that were difficult for users to manage, and offered limited visibility into key supplier credentials and performance information. With accelerating growth across its business units and geographies, the company realized it must address these issues with an integrated supplier management system. Using Aravo Enterprise(TM), the company will deploy a supplier self-service portal to automate all aspects of supplier enablement and compliance data collection. Users will have easy to use role-based dashboards with end to end supply chain visibility to help them quickly identify supplier performance, risk and compliance issues/opportunities. As a result, the company's procurement team will be able to spend less effort on manual on-boarding and supplier compliance tasks, and more time focusing on strategic supplier relationships.

Aravo Solutions, Inc. Announces Spring 2013 Release of its Aravo Enterprise SLM Solution Suite

Aravo Solutions, Inc. announced the Spring 2013 release of its Aravo Enterprise(TM) SLM solution suite. Aravo's latest product release continues to lead the market Aravo created for third party and supplier management with next-generation enhancements to complex relationship management, advanced supplier and third party search capabilities, best-in-class international data privacy, and industry-leading user interface design. Aravo customers will now benefit from the ability to model complex relationships across data and suppliers to improve regulatory compliance; drive down maverick spend and improve contract price utilization with advanced supplier/third party search and discovery features; drive data privacy rules and compliance across all levels of the solution suite and their enterprise; and simplify system interaction for the occasional and power user alike with a new intuitive UI. Aravo pioneered the ability to model unique relationships related to suppliers through its Business Relationship (BR) management structure. Using BRs, Aravo customers have built data relationship and tracking taxonomies for everything from products to compliance criteria, and linked these BRs to existing supplier/third party data records. As a result, BRs provide a powerful way to define, control and view disparate but related data. With this product release, Aravo has taken BRs to the next level in managing complex relationships with the addition of Extensible Entities. Extensible Entities allow solution administrators much more flexibility in defining BR types and subtypes, each with their own extended attributes, lists and pages. The result is immediate benefits for FCPA, Conflict Minerals and other due diligence and compliance processes that demand robust data tracking around not only trading partner relationships, but around the individual compliance elements as well. Aravo Extensible Entities enable global organizations to have higher fidelity around the execution of independent compliance programs within a single supplier or third party. This model offers unparalleled support for securing the access and visibility to the entities and their data to enable global organizations to better enforce compliance with various international data privacy directives. Aravo is the only SLM vendor to offer this level of configurability and flexibility in modeling and managing complex enterprise relationships.

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