Houston, 77042, TX,
United States
Drilling Tools International Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Drilling Tools International and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 200 Drilling Tools International employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Drilling Tools International has purchased the following applications: Aptean Traverse ERP for ERP Financial in 2010, Microsoft 365 for Collaboration in 2016, GoDaddy for Application Hosting and Computing Services in 2014 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Drilling Tools International is running and its propensity to invest more and deepen its relationship with Aptean , Microsoft , GoDaddy or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Drilling Tools International revenues, which have grown to $50.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Drilling Tools International intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Aptean | Legacy | Aptean Traverse ERP | ERP Financial | ERP Financial Management | n/a | 2010 | 2011 |
In 2010, Drilling Tools International implemented Aptean Traverse ERP. Aptean Traverse ERP Apps Category provides the transactional backbone for order to cash and finance operations at the manufacturer.
The deployment focused on accounts receivable and credit management capabilities, with configuration work on invoicing, aging, dispute tracking, and AR reporting. Functional modules implemented included AR invoicing, credit hold workflows, collections case management, and reporting customization inside Aptean Traverse ERP to support user friendly and client facing statements.
Integrations were coordinated between the billing system RTMS and Aptean Traverse ERP using Argus for data uploads, and the AR team worked directly with customers and third party submission channels including Accenture, ADP, and iSupplier to resolve electronic submission issues. Operational scope included consolidation of field invoicing into the Houston office, management of four billers and a collection specialist, and direct coordination with major customers Schlumberger, Halliburton, and Weatherford.
Governance and process changes centered on restructuring invoicing and escalation workflows, formatting Traverse reports for internal and external consumption, and formalizing resolution paths between billing, IT, and account teams. Between March 2015 and February 2016 AR and credit processes executed in Aptean Traverse ERP produced explicit operational recoveries, including clearing over 300 invoices totaling seven million dollars in under 45 days, reducing days sales outstanding from 122 to 85 in 90 days, and driving large past due accounts down substantially during focused collections activity.
|
Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2016 | 2016 |
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| GoDaddy | Legacy | GoDaddy | Application Hosting and Computing Services | IaaS | n/a | 2014 | 2014 |
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