Aravo: Vendor Snapshot (Part 1) — Background and Solution Overview [PRO]

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The supplier management solution area consists of many subsegments that constitute their own individual markets. These include providers that specialize in aspects of supplier lifecylce management, the enablement of specific supplier management processes and the management of both structured — and, in certain cases, unstructured — supplier data. Few supplier management providers, however, have platforms that can tackle the majority of these areas effectively.

Aravo is one of a handful of providers that can. At the time of its founding nearly two decades ago, Aravo pioneered the supplier management technology market (specifically supplier information management), tracing its roots to Ariba-based supplier enablement and catalog support. But since then, Aravo has not rested on its legacy, despite retrenching to focus on software development and customers in recent years, especially large, complex supplier management deployments. GE, for example, manages 1.2 million suppliers and third parties using Aravo, with integrations to 24 different ERP and GRC software instances across 19 business units.

This Spend Matters PRO Vendor Snapshot provides facts and expert analysis to help procurement organizations make informed decisions about Aravo and whether its technology is a fit for their needs. Part 1 of our analysis provides a company background and detailed solution overview, as well as a summary recommended fit suggestion for when organizations should consider Aravo in the supplier management and quality management areas. The remaining parts of this research brief will cover product strengths and weaknesses, competitor and SWOT analyses, and insider evaluation and selection considerations.

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