Archer® Third Party Governance
< What it does >
Mitigate third-party risks and monitor performance
Archer Third Party Governance enables you to automate and streamline oversight of vendor relationships. Get an accurate picture of third-party risk factors and prioritize them according to importance. Plus, facilitate key activities necessary to fulfill regulatory obligations and achieve best practices across the entire third-party management lifecycle.
Clarifies third-party relationships
Catalog and assess third-party relationships and understand associated risks. Learn third- and fourth-party dependencies to prevent surprises.
Facilitates third-party monitoring
Stay current with vendor status and monitor material changes to relationships. Ensure that no material risks exist.
Enables consistent management
Consistently evaluate risks posed by third parties and apply controls, treatments and transfer techniques according to your organization’s risk tolerance.
Drives accountability for third-party risk
Track the individuals responsible for vendor relationships, along with key contacts at third-party organizations, all in a single system.
Reduce digital risks from third parties
Organizations increasingly use third parties to deliver their products and services, and those parties have vendors providing services to them. This complexity makes it difficult to understand associated digital risks of all parties involved. With Archer Third Party Governance, you can understand, prioritize and monitor the entire third-party lifecycle to reduce risks inherited from vendors across the organization.
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