Not really, unless I've misunderstood what archive.is does. Shortlink allows you to create an "alias" for a URL you visit often. Say you have a GA dashboard that you go back to very often (something that you would usually bookmark). You can create a shortlink that will point to that (ex. "m/ga"). Using this shortlink, you can type it in the URL bar in your browser and it'll redirect you to the GA dashboard page.