Founded 2000Pure-play VRM/TPRM software

Archer (Archer Integrated Risk Management)

Overland Park, Kansas, United States

Long-standing integrated risk management (GRC) platform with a dedicated Third Party Governance / Third-Party Risk Management module: captures prospective vendor relationships, assesses contract and financial risk, and tracks inherent/residual risk across multiple categories.

Headquarters
Overland Park, Kansas, United States
Founded
2000
Website
www.archerirm.com/third-party-governance

Notable facts

  • Traces its origins to Archer Technologies, founded in 2000; now owned by private equity firm Cinven, acquired from Clearlake Capital/Symphony Technology Group in April 2023
  • A commissioned study found organizations using Archer needed 28% less time to manage third-party risk, worth roughly $515,800/year per 100 users in staff-time savings

Relevant guides

Pricing

Pricing not publicly disclosed on the vendor's site. Typical for B2B VRM/procurement software, which is usually quoted per scope or vendor volume.

Case study

Sallie Mae implemented new third-party risk process frameworks and automation within Archer to reduce cost, increase efficiency, and eliminate redundant systems; ENT Credit Union is also cited as a named customer. Read more →

Sources. This profile is compiled from public reference data, WebSearch-verified againstsource 1 · source 2 · source 3. Data as of 2026-07-14. See methodology.

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