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Third-Party Risk
Management

Manage third-party risk across your entire vendor ecosystem.

Third party risk management

Most organizations utilize third parties. Managing them all and the risks that arise can be complex. 

Archer helps you track your third parties, manage the relationships, identify risks early, monitor their performance, and promptly address issues that arise.

AS EASY AS 1-2-3
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Understand your third-party ecosystem

Catalog and assess third-party relationships, understand associated risks and be prepared as relationships and your business ecosystem evolves.

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Monitor risk and performance

Stay current with vendor status and monitor risk and performance across the entire lifecycle of vendor management.

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Enable consistent management

Consistently evaluate risks posed by third parties and apply controls, treatments and transfer techniques according to your organization’s risk tolerance.

Resources

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Webinar

Third Party Continuous Monitoring.

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Whitepaper

How to Minimize the Impact of Supply Chain Risk.

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eBook

Mitigating Supply Chain Risk.

Use cases

Third-Party Catalog

Understand your relationships with third parties. Document third-party relationships and associated contracts, plus the business units and named individuals in your organization who are responsible for each relationship. 

Third-Party Risk Management

Build and execute assessments to help manage third-party relationships. Determine your organization’s residual risk and analyze the results.

Third-Party Engagement

Gain a holistic understanding of your organization’s dependency on third parties across your business units. Catalog the products and services third parties deliver to your organization according to each business process and business unit they support.

Third-Party Governance

Track performance metrics and service level agreement metrics for each third-party engagement.

Third-Party Security Risk Monitoring

Track performance metrics and service level agreement metrics for each third-party engagement.

Sallie Mae uses archer for effective third-party governance

Watch how Sallie Mae implemented new third-party risk process frameworks and automations to reduce cost, increase efficiencies, eliminate redundant systems, and drive deeper customer satisfaction by managing all third-party vendors within Archer.  

Sallie Mae Uses Archer for Effective Third-Party Governance
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Streamline risk management collaboration with third parties with Archer Engage for Vendors.