Case Study: Quicken achieves a seamless, future-proof divestiture transition with Oracle NetSuite

NetSuite Helps Quicken Maintain Its Stride Through Divestiture

Quicken, a 30‑year personal finance software company with about 100 employees and roughly $100M in revenue, faced a tight technology challenge after Intuit announced a divestiture in March 2016. With only six months to separate from its former parent’s on‑prem systems and establish an independent IT foundation, Quicken needed a fast, scalable ERP that could support both its existing license business and an evolving SaaS strategy.

Quicken implemented NetSuite OneWorld with Inventory Management and Procurement (via NetSuite Professional Services), completing the transition in five months and replacing a temporary QuickBooks setup. The cloud platform and integrations (e.g., Bill.com) streamlined accounting, automated complex revenue recognition for multiple product lines, enabled a lean finance team, and delivered real‑time visibility and scalability to support ongoing product evolution.

Quicken

Gary Hornbeek

VP Finance