DATASHEET

Archer Key Indicator
Management®

Use Case for Enterprise & Operational Risk Management
The Challenge
In many risk management programs, key indicators are implemented sporadically at thediscretion of individual business units and division managers. Key indicator metrics may not
be properly designed to accurately measure the intended activity, and data may collectedusing spreadsheets and email, making it costly and inefficient. With missing or inaccurate
key indicator reporting, organizations are unable to accurately gauge or compare performancein terms of meeting strategic and operational goals, risk, and control performance. It also limits
the ability of organizations to quickly respond to emerging problems.

Overview
Archer Key Indicator Management enables your organization to establish and monitor metrics
related to individual. Depending on the overall implementation, metrics could also be associatedwith other elements of your integrated risk management (IRM) program – including risks,controls, strategies and objectives, products and services, and business processes – to monitor
quality assurance and performance.
®

Features• Association of key indicators with business units		 and named individuals for accountability.
• Establishment of key indicators for risk, control,		 corporate objectives, business processes, and		 products and services, depending on your		 program implementation.
• Governance to ensure timely collection of		 indicator data.
• Consistent approach to calculating indicator		 boundaries and limits and stakeholder		 notification when metrics need to be updated		 or reviewed.
• Visibility to key risk indicator metrics and		 remediation plans via pre-defined reports		 and dashboards.

Benefits
With Archer Key Indicator Management, you can:• Get visibility to areas that lack established		 indicators or data collection associated with		 established indicators.
• Gain early awareness of adverse trends to		 provide quicker remediation.
• Establish greater accountability for monitoring		 indicators that provide early warning of		 emerging problems.

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 ArcherTechnologies 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.