Third Party Risk
Management

Managing risk across your extended
enterprise with Archer

Your vendors, suppliers and third-party
ecosystem are critical to your success.
Your organization is increasingly leveraging third parties to help deliver your products and services. These relationships range from providing
a critical component to your product to other inputs from across your supply chain. The potential for adverse events and poor performanceby one of these contributors to your organization increases. The result is the acceleration of risks and most organizations do not haveadequate staff to manage them.
With Archer, you can transform third-party risk management into a strategic advantage for your organization.

Proactive decision-making: Risk management can be prioritized to focus on the third parties that matterthe most or represent the highest risk.
Reduced costs: Creating a repeatable, manageable process reduces the amount of effort required.
Agility within the organization: Optimizing external vendor relationships allows the organization to takeadvantage of opportunities.
Improved performance: Third parties are essential to your organizational performance and governing
their risk to your organization allows you to drive success.

Archer’s approach to third party risk management
reduces while enhancing assurance and resilience acrossyour extended enterprise.

Third Party Risk Management | 2

How does Archer
help you?

Purpose Built for Third Party
Risk Management

Archer Third Party Risk Management automatesand streamlines oversight of vendor relationships.
Create a sustainable, agile program for yourentire organization.
Enable collaboration between teams to ensurecommunication and data sharing.	Drive efficiency for everyone involved with 		streamlined workflows and processes.
Improve visibility into risks that could disrupt
your operations.

ORCHESTRATE YOUR program

INTEGRATE YOUR SYSTEMS

Archer Third Party Risk Management
supports the full life cycle of third-party
management – initial assessments,
engagement risk mitigation andperformance monitoring - with
automated processes and acentralized system.

Archer connects to operational
systems to leverage data fromprocurement systems and thirdparty assessment tools.

ENGAGE YOUR Organization

INFORM YOUR stakeholders

Archer provides a specialized
experience for your internal users,
vendors and third parties to quicklyand easily support risk andvendor assessments.

Real-time dashboards and reports
provide a better understanding ofthird-party risks and insights into
potential areas of concern. This instills
confidence that your third partiesare contributing as you’ve designed.

Third Party Risk Management | 3

Experience matters when it comes to managing
risk. Over the past 20 years, Archer has built a
reputation of leading the industry - deliveringsolutions to emerging challenges while helping
our clients build a strong, sustainable integrated
approach to risk management.
Archer Third Party Risk Management provides acentral aggregation, visualization and management
point for your third-party risk program. By
consolidating third and fourth-party risk datafrom disparate risk repositories, you can better
understand, prioritize and manage the entire
third-party lifecycle.
Download an eBook about Archer
Third Party Risk Management

Support for Your Entire
Third-Party Risk Program
FLEXIBLE. INTEGRATED. BUILT FOR YOU.
Archer Third Party Risk Management creates an accurate and complete picture ofthird-party risk and performance.
• Document all third-party relationships.
• Assess governance and controls your third parties have in place.
• Gather data from third-parties via an intuitive interface.
• Document and assess third party products and services.
• Document and monitor third-party performance metrics.
• Use AI to discover and analyze your vendors’ IT security footprint.

Third Party Risk Management | 4

About Archer
With more than 20 years of experience, Archer is solely dedicated to helping organizations manage risk,
ensure compliance and meet emerging challenges that may stand in the way of success. Working withthe largest pure risk management community globally, we partner with more than 1,200 customers of all
sizes and industries. At Archer, we help our customers not by building a wall around their business but bybuilding a bridge to their next opportunity.
For more information, visit www.ArcherIRM.com.

@ArcherIRM

Archer Integrated Risk Management©2024 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. 05/24