American Enterprise Group, Inc. - Internal Controls for SOX Testimonial



Susan Voss: I was kind of a lifer in state government. I had a variety of jobs working for the state of Iowa. But in the end, for the last 20 years, I have worked in the Insurance Division which regulates all insurance and securities. My last 8 years in state government I was the Insurance Commissioner for the state.

I just saw a night and day difference. I have so many roles to play in the company and especially, I was just new to this and what we had before was so cumbersome that I just dreaded it. When Steve walked me through it the first time I was like, “Hallelujah, this is so easy”. It was just amazing and it was reliable. I just want reliability and it was great.

I know that there are many, many reports that have to be filed. Same on the security side. So, I would just say to anybody who is going into the private sector in insurance these are just such easy programs to do. Once you set up the program, once you have the checks and balances in place, it is just very easy.

If we can’t rely on the documents we have and the programs we have, we are going to have major problems with regulators around the country because they are always going to be second guessing and I think to the extent we can get the information online, we can review it quickly, and get it out to the regulators, it is just a much better system. It is more reliable.

I hope other companies are doing the same thing we are doing because it has allowed us to use our talents in other ways. We can look at what is the future of this company, where do we want to go. We know we have these programs in place, we don’t have to worry about spending all our time filling out forms or making sure we have an accurate document because the program does it for us.

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