Why is Accreditation for AMC's Important?
Association management companies (AMCs) collectively manage annual budgets exceeding $3.4 billion and represent more than 7,600 clients. These AMCs book nearly 2 million room nights and $1 billion in meetings and conventions services annually. With that kind of responsibility, wouldn't you want to make sure that your AMC had been evaluated and reviewed by a third-party audit, and successfully completed accreditation?
Agentis Management was originally accredited by the AMC Institute in 2011, and was recently awarded re-accreditation in 2016. The AMC Institute is the global trade association representing the Association Management industry.
Agentis is one of approximately 100 AMCs of the more than 500 worldwide to earn AMC Institute Accreditation, demonstrating its commitment and the ability to deliver the highest level of professional management services to association and not-for-profit clients. Accredited AMCs are the recognized choice of associations and not-for-profit organizations.
“We congratulate Agentis Management for achieving AMC Institute Accreditation,” stated AMC Institute Board President, Richard Cristol. “The accreditation evaluation is the most demanding and comprehensive in our industry. Clients of accredited AMCs should feel assured that this exclusive group operates with the highest level of professionalism and responsibility, and consistently meets or exceeds all industry requirements.”
AMC Institute Accreditation is recognized and supported by ASAE & The Center for Association Leadership and is based on the ANSI Standard of Good Practices for the AMC Industry. Measurable performance practices include contracts and service delivery; employee recruitment, training and professional development; and financial management and internal controls, among others. AMCs must earn re-accreditation every four years, demonstrating to an independent outside auditor that they continue to meet the standard.
“The integrity of Agentis’ people and processes has always been paramount in the services that we deliver to associations and professional societies,” said Agentis CEO Stephanie Czuhajewski, CAE, “and it is very rewarding to see our efforts and standards validated by an independent Certified Public Accountant.”