33%
“Venafi Reduces Time-to-Close by 33% Using FloQast”
As published on floqast.com. Captured by usedby on Oct 8, 2026.
What happened
Venafi's accounting team uses FloQast Close with its NetSuite integration to automate reconciliations, track sign-offs by email, and monitor tasks on dashboards during the month-end close. This replaced manual spreadsheet updates and repeated trial balance imports.
Summary written by usedby from the source page, in English. The figures are those of FloQast and Venafi, not ours.
The Venafi team has reduced Close time to 10 days, down from 15. And while most of that time savings come from faster reviews, reconciliations, and sign-offs by the accounting team, there are also productivity benefits when working with internal and external auditors.
Our process has improved significantly with FloQast, and that's contributed to our team's ability to handle the increased workload without needing to hire more staff. We're absolutely saving time, probably half a headcount or more in terms of people hours.
What the story claims, and what we checked
We compared the story with its live page on Oct 8, 2026.
- The figure: 33%CheckedPrinted word for word on the page, near the name of Venafi.
- The passage quoted aboveCheckedCopied word for word from the page, near the name of Venafi.
- Venafi uses FloQastCheckedConfirmed line. Latest check across sources: Oct 8, 2026.
- The result itselfNot checkedWe quote it; we did not measure it.




