By narrowing the search to association management companies that have been accredited by the AMC Institute, associations can be assured that the association management company has rigorous, measurable performance practices that demonstrate that defined processes, controls, and systems are in place. And that a thorough review has been conducted by an independent accounting firm to assure compliance.
Professional Management Associates, L.L.C. of NJ is an accredited association management company which has a strong commitment to quality - and was one of a handful of companies that received dual-accreditation when the American Society of Association Executives' program was active.
PMA is proud to be one of twenty-four companies in the world to achieve dual accreditation by both the American Society of Association Executives & The Center for Association Leadership and the AMCI Institute. ASAE discontinued its accreditation program in 2010.
The Standard addresses recording keeping, accounting, and internal control procedures; insurance coverages; staff performance reviews and professional development support; subcontracting and purchasing requirements and procedures; service delivery standards; contingency and disaster planning; among many other areas. By selecting an accredited company you won't need to be concerned about whether:
- your funds are being co-mingled with other associations,
- employees are bonded and insured,
- the company is receiving a commission from a conference hotel they are recommending,
- the firm is in compliance with employment laws,
- due diligence is being exercised when the firm is purchasing products or services on your behalf,
- the company has appropriate policies, procedures, security measures, and client safeguards in place.
PMA was recognized as a Charter Accredited AMC by the American Society of Association Executives & The Center for Association Leadership, a distinction given to the first companies that applied for accreditation.
The AMCI Institute is a recognized standard developer by the American National Standards Institute (www.ansi.org
). ANSI oversees the creation, promulgation, and use of thousands of norms and guidelines that directly impact business in nearly every sector. ANSI is also actively engaged in accrediting programs that assess conformance to standards, including globally-recognized cross-sector programs such as the ISO 9000 (quality) and ISO 14000 (environmental) management systems - and the AMCI standard. Click here to learn more about the AMC Standard