An association management company (AMC) is a professional service company that specializes in providing management services for associations on a fee-for-service basis. 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.
By utilizing an AMC, an association is provided a centralized office that serves as an association’s headquarters for its clients. The overhead costs for the office are shared by several associations. In this way, associations are able to enjoy a large pool of resources as well as the latest in advanced technology and equipment without significant capital investment.