There are a lot of different Association Management Companies(AMC) on the web that can manage your company’s administrative and management services. They can offer on-line billing, on-line payments, document storage, web design and marketing. The advantages for a company that uses an AMC can include using better technology than they can afford, using experts in their field, only working with one company and the AMC can have a long-term in-house vision for your company. Disadvantages include it being expensive, possibly unstable and losing the opportunity to work with skilled employees. The AMC can also be an intermediary and sub-contract the work out to skilled individuals or companies.
- Online Association Management Companies (AMCs) are taking advantage of web tools manage clients similar to eCommerce sites.
- Using online tools as part of an AMC capacity requires increased training and skill sets to manage the tools and policies build around internet management.
- Using online tools as part of an AMCs capacity can expand its slate of capabilities often at lower cost like design, planning, and invoice management.
“Even if an association management company has a technology staff directly employed, there are reasons to subcontract from time to time”