Analyzing Resilience Ratings with Third Party Resilience Assessment
The Third Party Resilience Assessment questionnaire enables you to score the risk of third parties across five categories – Cyber, Facilities, IT Infrastructure, People, and Suppliers. After all questions are answered, the system automatically calculates the resilience rating for each category being assessed.
You can use the Third Party Resilience Assessment with or without Engage for Vendors. Engage for Vendors is an external portal that enables your vendors to securely answer questionnaires outside of Archer. You must install the Engage for Vendors Service and update your Third Party Risk Management license key to publish questionnaires to Engage for Vendors. For more information about installing and configuring the Engage for Vendors Service, see the Archer Engage for Vendors Service Guide on the Archer Community.
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Use the Third Party Resilience Assessment questionnaire with Engage for Vendors:
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Create a Third Party Resilience questionnaire.
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Publish a Third Party Resilience Assessment questionnaire to Engage for Vendors for your third party contacts to complete.
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Review a Third Party Resilience Assessment by evaluating answers, and generating any findings, remediation plans, or exception requests as needed.
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Approve or reject the questionnaire.
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Analyze the calculated resilience percentage for each category based on a Third Party Resilience questionnaire.
Use the Third Party Resilience Assessment questionnaire without Engage for Vendors:
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Generate a Third Party Resilience Assessment questionnaire.
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Complete a Third Party Resilience Assessment questionnaire by answering the questions in each risk category being assessed.
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Review a Third Party Resilience Assessment questionnaire by evaluating answers, and generating any findings, remediation plans, or exception requests as needed.
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Approve or reject the questionnaire.
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Analyze the calculated resilience percentage for each category based on a Third Party Resilience questionnaire.