Why Hire an Association Management Company?
An association management company (AMC) is a firm of skilled professionals whose goal is to provide management expertise and specialized administrative services to trade and professional organizations in an efficient, cost-effective manner. As non-profits vie for volunteer time, the need for effective professional management becomes increasingly critical. AMCs provide the professional staff, administrative support, office space, technology, and equipment an association needs to operate efficiently. An association management company typically manages several associations from one company location, providing a wide range of benefits including shared technology systems, access to expert specialized staff, and shared purchasing power.
Utilizing in-house expertise and leveraged buying power, AMCs are a cost-effective option and efficient solution for non-profit trade and membership associations. An AMC will allow your association to reduce overhead costs, eliminate the requirement to deal with personnel issues and focus energy on achieving a stronger and more vital organization.
AMCs serve as a partner with their client organizations. Association leaders work with AMC staff to drive growth and sustain success.
Operational and Staffing Benefits:
- Customized staff and services
- Broad spectrum of expertise
- Day-to-day and ongoing staff management
- Improved staffing and resource allocation
- Proven best management practices and best-of-class resources and technologies
Financial/Business Benefits:
- Efficiencies derived from leveraging shared resources
- Improved buying power
- Reduced business risks
Long-Term Benefits:
- Greater member satisfaction resulting from the professionalism and responsiveness of staff
- Freedom from daily operations that allows Boards to maintain their focus on mission and strategy
- Integration of innovative strategies and ideas
- Scalability to accommodate organization growth or contraction over time
