The AI in Business Podcast

Managing Third-Party Risk When You Have 10,000 Suppliers - with Dean Alms of Aravo

5 snips
Feb 6, 2026
Dean Alms, Chief Product Officer at Aravo and third-party risk specialist, discusses how vendor risk has become a board-level data and AI challenge. He covers AI-driven document ingestion and validation. He explains auto-generating corrective actions and chat-like access to risk data. He urges use-case-driven AI for continuous monitoring, remediation, and supplier lifecycle resilience.
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INSIGHT

Third-Party Risk Is A Board-Level Issue

  • Third-party risk has become a board-level visibility and resilience challenge rather than a back-office compliance task.
  • Consumer pressure and regulatory fragmentation force enterprises to own supplier sins and governance.
ADVICE

Prioritize Key Business Drivers

  • Prioritize regulatory compliance, liability avoidance, and revenue protection when designing TPRM programs.
  • Monitor cyber, operational, and reputational risks because disruptions directly threaten revenue and brand.
INSIGHT

AI Converts Audit Docs Into Decision Data

  • AI enables automation of data capture at scale, turning audited documents into structured survey answers.
  • This reduces manual survey burden and improves decision-grade data for risk scoring.
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