Case Study: Venafi achieves streamlined global financials and faster month-end closes with Oracle NetSuite

Venafi Streamlines and Grows Its Global Software Business

Venafi, a Salt Lake City–based cybersecurity software company founded in 2005, protects digital keys and certificates for Global 2000 organizations. As the business expanded to 170 employees across 15 countries with multiple subsidiaries and multi-currency needs, Venafi outgrew entry-level QuickBooks and Excel and needed a scalable, global ERP to handle growing complexity and support continued growth.

Venafi implemented NetSuite OneWorld (with Project Management and Financial Planning powered by Adaptive Insights) through NetSuite Professional Services to gain centralized control and real-time reporting. The cloud solution streamlined end-to-end financial processes, cut 5–6 hours weekly from order processing, shortened the monthly close from 20 to 5 days, simplified subscription revenue management, and provided the agility to scale and focus resources on innovation and customer service.

Venafi