ArayaPRO: Supplier Management and Verification Software
ArayaPRO helps businesses verify supplier identities and bank details. It is designed for finance teams that need to manage the risk of payment fraud and cybercrime.
At a glance
- Category
- Operations
- Best for
- Mid-market companies, Enterprise companies, Finance operations teams, Procurement managers
- Pricing
- Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
- Key use cases
- Supplier Identity Verification, Banking Detail Validation, Payment Fraud Prevention, Compliance Document Management
- Integrations
- Finance system synchronization
- Official website
- arayapro.com
ArayaPRO is a supplier verification platform designed to help businesses manage the onboarding process and monitor outgoing payments. It focuses on validating supplier data against global registries and banking networks to help prevent errors and fraudulent activity.
The platform provides tools for Know Your Business (KYB) checks, including corporate registry validations and bank account verification via SWIFT/BIC coverage.
Beyond onboarding, the platform supports the ongoing collection of compliance documents and offers a monitoring layer to flag suspicious payment files. It also uses AI to generate summaries of documents, which may help internal teams review supplier paperwork.
Buyers should confirm how the platform syncs with their specific finance system and whether the validation coverage meets their specific geographic needs.
Key Features
Validates company details against 300+ corporate registries covering over 120 million entities across 100 countries.
Verifies banking details with SWIFT/BIC coverage across 235+ countries and data on over 65,000 financial institutions.
Cross-checks payment files against a trusted database to identify risks and provide automated alerts for suspicious transactions.
Uses AI to generate summaries of supplier documents to support internal reviews.
Supports the collection of insurance certificates, compliance documents, and company policies through automated workflows.
Provides dashboards and reports on supplier change logs, duplicate suppliers, and onboarding completion rates.
Use Cases
Verifying new vendors during onboarding using global corporate registries to help ensure the entity is legitimate.
Confirming that supplier bank accounts are valid and match the entity before establishing payment terms.
Reviewing payment files against a trusted supplier list to identify anomalies or unauthorized changes.
Using automated workflows to request and track updated insurance certificates and certifications from vendors.
Best For
Integrations
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
FAQ
ArayaPRO is a supplier management platform that helps businesses verify supplier identities through KYB checks and monitor payments to help prevent fraud and cybercrime.
The software is designed for companies that need to manage a network of suppliers and secure their payment processes.
It uses validations against over 300 corporate registries and 235+ countries for bank account verification, and supports additional checks like penny drop deposits.
Source category: Operations
Source subcategory: Procurement
