About Association Management Companies (AMCs)
Association Management Companies (AMCs) are the experts in association management. AMCs provide professional management services to associations in all types of industries. SAMI is an AMC that specializes in national sport-related associations.
Frequently asked questions about AMCs
Q. What do Association Management Companies (AMCs) do?
A. AMCs can manage an entire association, or they can provide services to an association. The services provided vary, depending on the AMC. SAMI can provide a wide variety of services, including financial management, meeting planning, board training, membership recruitment, communications, publications, public relations, Web site development, strategic planning, and specialized projects. And because AMCs manage multiple associations, they are on the leading edge of best practices and industry trends.
Q. Are AMCs common?
A. Yes! According to the American Society of Association Executives (ASAE), nationally, AMCs manage more than 4,600 clients, with budgets ranging from $50,000 to $16 million. And, AMCs plan more than 22,800 meetings per year.
Q. Why are AMCs a good solution for associations looking to outsource a project?
A. AMCs provide flexibility, specially trained staff and the ability to complete a special project under an accelerated timeframe. According to ASAE, project management is the fastest-growing category of work for AMCs. Whether the project needed is large or small, AMCs can provide the experience and the talent to get the job done well. AMCs provide full-time employment for talented professionals who otherwise would be unavailable to work part-time for an association. And, the AMC handles benefits and all employment-related issues.
Q. What are the services associations most often outsourced to AMCs?
A. According to ASAE, the services most often outsourced are in specific functional areas, such as public relations, marketing and meeting management. SAMI provides all of these services, along with the ability to conduct specialized services in sport.
Q: What are the benefits of using an AMC?
A: According to the ASAE, AMCs provide an affordable, high degree of professionalism, management expertise and technology through the concept of shared resources by incorporating the Three E’s – doing business efficiently, with expertise and experience by providing professional staff, administrative support, office space, technology and equipment.