TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Aravo

    Score8 out of 10
    N/AAravo 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

    Score10 out of 10
    N/AUpguard 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
    No answers on this topic
    No answers on this topic
    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
    User Ratings
    AravoUpGuard Vendor Risk
    Likelihood to Recommend
    8.0
    (1 ratings)
    10.0
    (1 ratings)
    Usability
    8.0
    (1 ratings)
    9.0
    (1 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.
    Incentivized
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    UpGuard
    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.
    Incentivized
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    Pros
    Aravo Solutions
    No answers on this topic
    UpGuard
    • 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
    Incentivized
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    Cons
    Aravo Solutions
    No answers on this topic
    UpGuard
    • Integration with GRC systems, ticketing platforms could be stronger
    • More configurable dashboards will be helpful
    Incentivized
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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.
    Incentivized
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    UpGuard
    It gives overall risk visibility into our supply chain
    Incentivized
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    Alternatives Considered
    Aravo Solutions
    No answers on this topic
    UpGuard
    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.
    Incentivized
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    Return on Investment
    Aravo Solutions
    No answers on this topic
    UpGuard
    • 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
    Incentivized
    Read full review
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