TRANSFORMING RISK INTO OPPORTUNITY
Consulting Services
Building strong, secure contractors
When a company provides insurance for only one industry, they can’t help but be experts. That is exactly what Druml Group does, insurance for only one industry; construction. While many companies claim to be insurance experts in a particular industry, they often provide insurance for many different industries. You’ve heard of the saying “Jack of all trades, master of none”. Well our mantra is “Jack of one trade, master of it”. And that is exactly what we claim to be and strive to improve upon every day.
Accounting Management
Whether your accounting department appears to be operating to full potential or is falling short of your goals, we can significantly improve its operation. We’ll perform the necessary personnel assessments and you’ll have all the information you need to organize the department in the best way possible. Remember, bring out the best in your people and they’ll bring out the best in your company.
We perform an in-depth software assessment of your requirements and make sure that you choose the right solution. We continually evaluate different accounting packages and their functions within all types of construction companies so you’ll be hard-pressed to find better expertise of systems and how they can best serve your company.
Although we are happy to be able to help our customers solve their problems, we’d rather save them time and money by being involved from the start. Avoid a calamity now and contact us for advice about your planned accounting software installations. We can assess your existing systems, evaluate your needs, recommend perfect packages and manage a smooth transition.
In all cases, we have made a positive impact well beyond the initial task at hand. Our reputation is such that we are often lauded as turnaround experts and identified as a significant reason for the growing success of our customers.
All in all, we build rock-solid accounting departments. We have performed this task for many companies with dramatic positive results. Contact us today to implement procedures for your accounting department. Remember, with procedures, accuracy will follow, and with accuracy, profit is more likely. All you need is a road map.
We provide a job formulation and screening service that helps you define exact job specifications before we locate the perfect match. Candidates apply directly to us and then we undertake extensive telephone interviews and conduct thorough reference checks.
Business Strategy
When contractors partner with Druml Group to create a business plan, we create a financial model that includes a detailed variables analysis including projected property acquisitions, fixed asset purchases, accompanying debt and the potential overhead required to perform to planned volume.
You can rest easy knowing that the company you’ve built over the years will remain strong and viable, even in the face of tragedy. Contingency planning can even give you a better chance of raising general finance under normal circumstances – your bank and bonding company will be more likely to support your needs since they will feel more secure overall.
We haven’t even listed the added benefits of longevity and tax savings associated with employee incentives. In many cases the tax-savings alone will pay the cost of the plan. Yet despite the evidence few construction companies have taken advantage of the gains to be had from these incentives.
Some companies choose to utilize lengthy off-the-shelf job descriptions. Our experience recommends that this route be avoided since some areas may not actually apply to your particular company, employees don’t bother to read them in detail, they don’t retain what they do read and they still won’t perform their jobs effectively. Even worse, you may not have the time to read them either.
Our in-depth experience assessing construction industry personnel allowed us to measure staff capabilities and let management know what they could reasonably expect. Since the management team had no experience working in any other company they had no measuring stick to use as a comparison, so we provided one.
Leverage our expertise. We prepare policies and procedures with their successful implementation as the priority. Our experience can make yours short, simple, to the point, and easy to understand and adopt.
When you’re preparing a stock offering, bear in mind that sound documents make investors secure. Since the very purpose of a stock offering is to generate investment capital for your construction company, it’s imperative that the rules are set forth clearly and the risks are well identified.
uccession planning requires serious thought, planning and action before the unexpected occurs. It can even work towards improving your staff retention rates. With a well-structured succession plan in place you’re basically offering your employees an incentive to stay.
It may seem like an odd question but have you considered the time your staff spends walking? A poor office layout can require staff to walk quite a distance to resolve issues, using up valuable time.
Construction Claims
The fact of the matter is you should not be signing contracts that exposure your company to risk that could potentially ruin everything your company has built up over all the years.
We’ve seen too many contractors just turn over disputes to attorneys, even before a claim is prepared. Druml Group will help you set up a regimented system for handling disputes.
Our mediation process is confidential and the parties and their lawyers are required to sign an agreement to that effect. We’ve designed our process to allow the business executive to minimize legal costs, control the decision-making process, avoid most of the emotional stress, maintain business relationships and provide the most rapid process for full and final resolution of disputes.
Our position is that if we haven’t been able to resolve the claim between both parties before the necessity of arbitration, or some higher legal action, then we are not satisfied. This is not to say that Lawyers will not have to be involved.
Our services are also valuable in a courtroom setting when an expert is needed to state an opinion with regard to the accuracy of the financial information presented in a claim.
Accounting Management
Whether your accounting department appears to be operating to full potential or is falling short of your goals, we can significantly improve its operation. We’ll perform the necessary personnel assessments and you’ll have all the information you need to organize the department in the best way possible. Remember, bring out the best in your people and they’ll bring out the best in your company.
We perform an in-depth software assessment of your requirements and make sure that you choose the right solution. We continually evaluate different accounting packages and their functions within all types of construction companies so you’ll be hard-pressed to find better expertise of systems and how they can best serve your company.
Although we are happy to be able to help our customers solve their problems, we’d rather save them time and money by being involved from the start. Avoid a calamity now and contact us for advice about your planned accounting software installations. We can assess your existing systems, evaluate your needs, recommend perfect packages and manage a smooth transition.
In all cases, we have made a positive impact well beyond the initial task at hand. Our reputation is such that we are often lauded as turnaround experts and identified as a significant reason for the growing success of our customers.
All in all, we build rock-solid accounting departments. We have performed this task for many companies with dramatic positive results. Contact us today to implement procedures for your accounting department. Remember, with procedures, accuracy will follow, and with accuracy, profit is more likely. All you need is a road map.
We provide a job formulation and screening service that helps you define exact job specifications before we locate the perfect match. Candidates apply directly to us and then we undertake extensive telephone interviews and conduct thorough reference checks.
Business Strategy
When contractors partner with Druml Group to create a business plan, we create a financial model that includes a detailed variables analysis including projected property acquisitions, fixed asset purchases, accompanying debt and the potential overhead required to perform to planned volume.
You can rest easy knowing that the company you’ve built over the years will remain strong and viable, even in the face of tragedy. Contingency planning can even give you a better chance of raising general finance under normal circumstances – your bank and bonding company will be more likely to support your needs since they will feel more secure overall.
We haven’t even listed the added benefits of longevity and tax savings associated with employee incentives. In many cases the tax-savings alone will pay the cost of the plan. Yet despite the evidence few construction companies have taken advantage of the gains to be had from these incentives.
Some companies choose to utilize lengthy off-the-shelf job descriptions. Our experience recommends that this route be avoided since some areas may not actually apply to your particular company, employees don’t bother to read them in detail, they don’t retain what they do read and they still won’t perform their jobs effectively. Even worse, you may not have the time to read them either.
Our in-depth experience assessing construction industry personnel allowed us to measure staff capabilities and let management know what they could reasonably expect. Since the management team had no experience working in any other company they had no measuring stick to use as a comparison, so we provided one.
Leverage our expertise. We prepare policies and procedures with their successful implementation as the priority. Our experience can make yours short, simple, to the point, and easy to understand and adopt.
When you’re preparing a stock offering, bear in mind that sound documents make investors secure. Since the very purpose of a stock offering is to generate investment capital for your construction company, it’s imperative that the rules are set forth clearly and the risks are well identified.
uccession planning requires serious thought, planning and action before the unexpected occurs. It can even work towards improving your staff retention rates. With a well-structured succession plan in place you’re basically offering your employees an incentive to stay.
It may seem like an odd question but have you considered the time your staff spends walking? A poor office layout can require staff to walk quite a distance to resolve issues, using up valuable time.
Construction Claims
The fact of the matter is you should not be signing contracts that exposure your company to risk that could potentially ruin everything your company has built up over all the years.
We’ve seen too many contractors just turn over disputes to attorneys, even before a claim is prepared. Druml Group will help you set up a regimented system for handling disputes.
Our mediation process is confidential and the parties and their lawyers are required to sign an agreement to that effect. We’ve designed our process to allow the business executive to minimize legal costs, control the decision-making process, avoid most of the emotional stress, maintain business relationships and provide the most rapid process for full and final resolution of disputes.
Our position is that if we haven’t been able to resolve the claim between both parties before the necessity of arbitration, or some higher legal action, then we are not satisfied. This is not to say that Lawyers will not have to be involved.
Our services are also valuable in a courtroom setting when an expert is needed to state an opinion with regard to the accuracy of the financial information presented in a claim.
Job Cost Control
The budget is a necessary component that consists of the planned costs for each item of work to be performed on a project and becomes the benchmark for comparing actual costs as they occur.
Our Cost Reduction Audits assess the areas in your company where a savings can be made. We assess the present state of your company and make recommendations and provide valuable insight on important areas of improvement.
Equipment cost implementation does not come without a price. There are complex issues that make implementation tricky, including the proper distribution of shop expenses to the cost of equipment, the handling of fuel expense, treatment of wear components, to name a few.
In simple terms, there are only two reasons to track costs; one is to compare ongoing production costs to the budget, and two, to feed back usable cost data to estimating so they can be more knowledgeable and accurate when preparing the next bid.
A purchase order system that requires field foremen and superintendents to call into centralized purchasing accomplishes two goals. 1) The field foremen or superintendent are forced into a mindset that requires them to plan for the future and 2) central purchasing is afforded the opportunity to seek out the least cost materials.
Work in Progress calculations stem from the cost-to-complete the work as opposed to the cost-to-date only. Performing an accurate cost-to-complete requires a detailed system that includes accurate data collection, cost analysis, and estimation.
Receivables Collection
We’re experts at moving money as proven by our creative collection techniques. That is why we are confident to guarantee a reduction in your outstanding receivables, month after month.
Knowing the lien process, how to protect your rights and how to file a lien if necessary are important tools to assure payment on projects you perform. Equally important are the use of Stop Notices as a mechanism to ensure payment.
The only way is to conduct a receivables audit, and that can only be done in a methodical way account by account. Many contractors don’t have the time to conduct such an audit or don’t have the personnel to conduct it.
Workplace Safety
The field safety manual should be user-friendly, applicable for any project the company performs and available to all employees, especially those who are most effected by unsafe behaviors and conditions found in the workplace.
We help implement the program and the various safety procedures like fall protection, hazcom, respiratory protection, confined space entry, competent person and other procedures that control the causes of injuries.
We teach safety manager how to make regulatory interpretation without interfering with the day to day construction activities that make a construction company its profit.
OSHA Standard 29CFR1926.21(b)(2) requires employers to instruct each employee in the recognition and avoidance of unsafe conditions and the regulations applicable to his work environment to control or eliminate any hazards or other exposure to illness or injury.
Job Cost Control
The budget is a necessary component that consists of the planned costs for each item of work to be performed on a project and becomes the benchmark for comparing actual costs as they occur.
Our Cost Reduction Audits assess the areas in your company where a savings can be made. We assess the present state of your company and make recommendations and provide valuable insight on important areas of improvement.
Equipment cost implementation does not come without a price. There are complex issues that make implementation tricky, including the proper distribution of shop expenses to the cost of equipment, the handling of fuel expense, treatment of wear components, to name a few.
In simple terms, there are only two reasons to track costs; one is to compare ongoing production costs to the budget, and two, to feed back usable cost data to estimating so they can be more knowledgeable and accurate when preparing the next bid.
A purchase order system that requires field foremen and superintendents to call into centralized purchasing accomplishes two goals. 1) The field foremen or superintendent are forced into a mindset that requires them to plan for the future and 2) central purchasing is afforded the opportunity to seek out the least cost materials.
Work in Progress calculations stem from the cost-to-complete the work as opposed to the cost-to-date only. Performing an accurate cost-to-complete requires a detailed system that includes accurate data collection, cost analysis, and estimation.
Receivables Collection
We’re experts at moving money as proven by our creative collection techniques. That is why we are confident to guarantee a reduction in your outstanding receivables, month after month.
Knowing the lien process, how to protect your rights and how to file a lien if necessary are important tools to assure payment on projects you perform. Equally important are the use of Stop Notices as a mechanism to ensure payment.
The only way is to conduct a receivables audit, and that can only be done in a methodical way account by account. Many contractors don’t have the time to conduct such an audit or don’t have the personnel to conduct it.
Workplace Safety
The field safety manual should be user-friendly, applicable for any project the company performs and available to all employees, especially those who are most effected by unsafe behaviors and conditions found in the workplace.
We help implement the program and the various safety procedures like fall protection, hazcom, respiratory protection, confined space entry, competent person and other procedures that control the causes of injuries.
We teach safety manager how to make regulatory interpretation without interfering with the day to day construction activities that make a construction company its profit.
OSHA Standard 29CFR1926.21(b)(2) requires employers to instruct each employee in the recognition and avoidance of unsafe conditions and the regulations applicable to his work environment to control or eliminate any hazards or other exposure to illness or injury.
