DATASHEET

Archer Issues Management®

Use Case for Audit Management

The Challenge
Risk and compliance processes create scattered lists of issues and findings in various documents.
Management, risk and compliance teams, and business managers have no consolidated
view of outstanding issues related to audits, compliance reviews or risk assessments. Limited
documentation on current and planned remediation efforts related to these issues leaves
gaps in understanding about what is being done to mitigate a nd address open risks. Plus,
since not every issue can be addressed completely, exceptions that need to be accommodated
often lack proper review, approval and documentation to ensure the organization understands
which exceptions or deviations are impact overall risk to the business.
The results of poor issues management starts with little to no visibility or accountability inaddressing known risks. Missed issues can fall through the cracks, resulting in repeat audit
findings, compliance violations, and significant risks and cost to the business. Remediation
efforts can suffer as well, with m issed deadlines or poorly coordinated plans to remediateidentified risks.

Overview
Archer Issues Management lays the foundation for your integrated risk management program,enabling you to manage issues generated by multiple groups, such as audit, risk and compliance.
The use case includes the business hierarchy to establish the corporate structure and accountability,
and workflow and reporting to manage findings, remediation plans and exceptions.
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With Archer Issues Management, you can create a coordinated and consolidated view into
known is sues. An organized, managed process to escalate issues provides visibility into
ownership through your established chains of command. Workflow for proper sign-off andapproval of issues, remediation plans, and exceptions ensures identified issues are well managed.
As a result, your organization will realize quicker resolution to emerging issues, creating a moresecure and resilient environment while reducing costs.

Features• Consolidated issues management process.
• Consolidated and coordinated lists of remediation plans and findings from risk, compliance, audits and other assessments.
• Managed exceptions with appropriate risk sign-off/acceptance.

Benefits
With Archer Issues Management, you can:• Reduce time to resolution on audit, risk and compliance issues.
• Improve staffing management for remediating issues.
• Reduce overtime/reactive overload for business operations and IT responding to issues.
• Reduce repeat findings.
• Reduce overall risk.

About Archer
Archer is a leading provider of integrated risk management (IRM) solutions that enable customers to improve strategic decision-making
and operational resilience with a modern technology platform that supports qualitative and quantitative analysis driven by both businessand IT impacts. As true pioneers in GRC software, Archer remains solely dedicated to helping customers manage risk and compliancedomains, from traditional operational risk to emerging issues such as ESG. With over 20 years in the risk management industry, theArcher customer base represents one of the largest pure risk management communities globally, with more than 1,200 customers
including more than 50% of the Fortune 500.
Visit www.ArcherIRM.com.

@ArcherIRM

Archer Integrated Risk Management©2023 Archer Technologies LLC. All rights reserved. Archer and the Archer logo are registered trademarks or trademarks of Archer
Technologies LLC in the United States and other countries. All other trademarks are the property of their respective owners. Archerbelieves the information in this document is accurate. The information is subject to change without notice. 10/23 Data Sheet.