Accredited Association Management Companies (AMC) provide quality, professional and value-added management services to associations and other organizations. An AMC offers a quality, effective solution. AMC's are organized to provide many advantages to associations including:
- AMC's are able to provide added value through economies of scale including combined buying and leveraging expertise among AMC staff. All of these provide value-added benefits to AMC-managed associations and allow client-partners to reinvest funds to grow new or expand existing programs.
- AMC's have access to proven best practices and can leverage the expertise of all AMC staff and experience to provide solutions for effectively delivering the services that associations need.
- As one of the 40 AMCs accredited by the AMC Institute, AMR must adhere to industry standards for service delivery to client partners. AMR is charter accredited by the AMC Institute, the trade association for the AMC industry. Accreditation is based on the American National Standard Institute's (ANSI) standard for the AMC industry.
- Through the AMC Institute, accredited AMC's (like AMR) processes and procedures must be reevaluated by a third party accounting firm every four years to maintain accreditation status. Clients of accredited AMCs can be sure that they are receiving services based on quality and best practices in the industry.
- Accredited AMC's must pass a rigorous review and show that they have maintained best practices in: financial and records management, service delivery, comprehensive insurance coverage, effective contract processes, employee recruitment and selection, employee training and professional development, subcontracting, and purchasing requirements.
- AMC staff are professionals in their fields and come from a diverse range of professional backgrounds to meet the changing needs of client partners. Currently, over 35% of AMR staff hold masters level degrees or higher. AMR is in the top 3% in number of employees of the 527 AMCs identified by ASAE. Our team members are involved and members of the following organizations:
- AMC Institute
- American Society of Association Executives (ASAE)
- Professional Convention Management Association (PCMA)
- American Institute of Certified Public Accountants (AICPA)
- American Marketing Association (AMA)
- Society for Human Resource Management (SHRM)
- Meeting Professionals International (MPI)
- Accreditation provides an assurance to client partners that as an accredited AMC, AMR has made the investment in our company and is committed to providing the highest quality services.
- Professional development is a requirement for accreditation and AMR staff members are encouraged to seek opportunities to advance their skills and knowledge in their chosen fields of expertise. As a result, AMR staff members have achieved a variety of certifications including Certified Association Executive, Certified Meeting Professional, Certified Public Accountant, and Cisco Certified Network Associate. Client partners have options and in order to earn business AMR must take an aggressive approach to hire and retain professional employees with expertise in their fields.
- AMC's often participate in their client partner's strategic planning sessions to gain a clearer understanding of the client's goals and directions. By participating in each client partner strategic planning session, AMR can find effective solutions to meet client deliverables by utilizing resources in the most effective way.
- 527 Association Management Companies (AMCs) are members of the American Society of Association Executives (ASAE) and/or the AMC Institute.
- These AMCs are located in 47 states and five other countries.
- 25% of these AMCs started business since 1995.
- 40% of these AMCs started business since 1990.
- Staff: 4,126
- Payroll: $169.7 million
- Company Revenue: $291.3 million
- Clients: 3,013
- Client Budgets: $2.04 billion
- Average Client Budget: $677,000 (the range of budgets is between $50,000 and $16 million annually)
- Members: 3.1 million
- Major Meetings: 3,766 annually
- Budgets of Major Meetings: $772 million
- All Meetings: 18,155 annually
- Room Nights: 1,945,144 annually
- Value of Room Nights: up to $400 million
