Aravo vs. UpGuard Vendor Risk

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Aravo
Score 8.0 out of 10
N/A
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.N/A
UpGuard Vendor Risk
Score 10.0 out of 10
N/A
Upguard automates third party risk assessment workflows, and sends instant notifications about vendors’ security in one centralized dashboard with UpGuard’s Vendor Risk.N/A
Pricing
AravoUpGuard Vendor Risk
Editions & Modules
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Offerings
Pricing Offerings
AravoUpGuard Vendor Risk
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Best Alternatives
AravoUpGuard Vendor Risk
Small Businesses

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Medium-sized Companies

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Enterprises
GEP SMART
GEP SMART
Score 8.3 out of 10
GEP SMART
GEP SMART
Score 8.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AravoUpGuard Vendor Risk
Likelihood to Recommend
8.0
(1 ratings)
-
(0 ratings)
Usability
8.0
(1 ratings)
-
(0 ratings)
User Testimonials
AravoUpGuard Vendor Risk
Likelihood to Recommend
Aravo Solutions
Aravo is an excellent option to keep track of suppliers, make sure they go through the necessary flow to comply with IT and regulatory requirements. It is an easy way to keep a record of suppliers which is evidence to help us in this regulatory compliance process and as a evidence for internal/external audits.
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UpGuard (formerly ScriptRock)
UpGuard Vendor Risk is great when we need a quick view of a vendor’s external security posture, especially during fast-paced onboarding. It’s also very useful for continuous monitoring with visibility into changes at Vendor's side without repeatedly chasing vendors for updates. The only scenario it is not very helpful, is small vendors / start ups that dont have an external footprint, but in that case the questionnaire's can be used.
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Pros
Aravo Solutions
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UpGuard (formerly ScriptRock)
  • Helped us automate our vendor risk questionnaires
  • Helps us continuously monitor our high-risk vendors
  • All vendor risk data is in one place, organized by risk level, criticality, and status
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Cons
Aravo Solutions
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UpGuard (formerly ScriptRock)
  • Integration with GRC systems, ticketing platforms could be stronger
  • More configurable dashboards will be helpful
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Usability
Aravo Solutions
It is an excellent tool for supplier management, from selection, evaluation, control and improvement of suppliers. It is easy for suppliers to integrate their information and it can be linked to the company's information, it remains registered, and it is easy to modify it according to all of the company's requirements.
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UpGuard (formerly ScriptRock)
It gives overall risk visibility into our supply chain
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Alternatives Considered
Aravo Solutions
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UpGuard (formerly ScriptRock)
We’ve evaluated other third-party security rating platforms, including those which focus heavily on questionnaires, self-assessments, and point-in-time reviews.
UpGuard's usp is continuous monitoring and external risk visibility, automated questionnaires, which reduced our reliance on manual follow-ups. That said, most tools in this space still need to be complemented with internal reviews and contract-level risk assessments, depending on the vendor and use case.
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Return on Investment
Aravo Solutions
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UpGuard (formerly ScriptRock)
  • reduce the time and effort spent on vendor due diligence
  • it has improved our ability to identify higher-risk vendors early and focus remediation efforts where they matter most, rather than treating all vendors the same
  • more informed risk decisions
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