Overview
Product Information on Archer
What is Archer?
Archer Pricing
Overall experience with Archer
“Excellent platform for better Vendor risk governance and controls”
“Archaic Tool That is Very Manual & Lacks Opportunities for Automation”
About Company
Company Description
Archer is a pioneer in risk management, delivering solutions for the heroes tasked with helping their organization deal with uncertainty. We enable better decision making with a technology platform to manage all types of risk. With more than 20 years of experience, Archer is solely dedicated to helping organizations manage risk, ensure compliance and meet emerging challenges such as ESG and operational resilience. Working with the largest pure risk management community globally with more than 1,200 customers of all sizes and industries, we help our customers not by building a wall around their business but by building a bridge to their next opportunity.
Company Details
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Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
Reviewer Insights for: Archer
Deciding Factors: Archer Vs. Market Average
Archer Likes & Dislikes
Real-time and visually appealing dashboards Transparent workflows Validation controls Push notifications Integration with other tools Approvals and exception management and tracking
Reporting is extensive and very easy to export. Reports can be easily exported in PPT form and socialized with stakeholders.
Celrical work is simple , and support staff is friendly . When installed the industry leading tool performs well .
Cost of license is high Automation capabilities need to be improved Upgrades should be more frequent
Appearance/layout is very archaic and visually not very appealing. Lacks the ability to implement automation and logic to help streamline processes and decision making.
Demands significant expenditure .
Top Archer Alternatives
Peer Discussions
Archer Reviews and Ratings
- FINANCE MANAGER1B-10B USDServices (non-Government)Review Source
Excellent platform for better Vendor risk governance and controls
Archer Third party governance tool is a must have solution to manage and govern the vendor risks timely to address the challenges posed to organization well in advance. Methodical assessments for validating and monitoring the risks in real time basis, approval mechanism for exception management and tracking. It quantifies the business risks which is presented on the customizable dashboard on a real time is very useful to take actions. Ability to download the customized reports, transparent workflows, integration capabilities to the other tools is quick and smooth. Automation capabilities can be improved to manage the manual tasks, overall, it's a good tool with customized options. - ASSOCIATE10B+ USDRetailReview Source
Good for doing risk analysis .
For managing supplier base , agreements threat violation and a variety of other people risk needs , we utilize Archer . It is essential to carry out any activity with a foreign entity and is utilized throughout the company . Well over past we have used several releases nad the group is now working to update the software to the latest recent console . - 1B-10B USDBankingReview Source
Archaic Tool That is Very Manual & Lacks Opportunities for Automation
Archer is a very simplistic tool, meaning that there are very little opportunities for automation, conditional logic; also lacks the ability to efficiently streamline processes. - DIRECTOR1B-10B USDServices (non-Government)Review Source
A good product for managing vendor risks
As a user, it was intuitive enough to navigate and complete the assessment after sepnding a few initial minutes exploring. Export of questionnaire pulls all the questions and doesnt not indicate which of the questions are conditional and so using the UI would be a preferred mode - Tech BP10B+ USDHealthcare and BiotechReview Source
Archer is a state-of-the-art to manage third parties and compliance
Archer overall meets our Company expectations, however, there are a few opportunities to improve its use. It seems it requires hrs of customization to accomodate workflows and messages to internal needs.