VANTIVE CORP
424B2, 1998-01-14
PREPACKAGED SOFTWARE
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<PAGE>   1

                                         Filed under Rule 424(c) of Regulation C
                                                      SEC File Number: 333-40449


PROSPECTUS SUPPLEMENT
(To Prospectus Dated December 3, 1997)


                                  $69,000,000

                            THE VANTIVE CORPORATION

                 4.75% CONVERTIBLE SUBORDINATED NOTES DUE 2002

     The information in this Prospectus Supplement concerning the Selling
Holders supplements the statement set forth under the caption "Selling Holders"
in the Prospectus. Capitalized items used and not defined herein shall have the
meanings given to them in the Prospectus.

                                SELLING HOLDERS

     The information set forth under the caption "Selling Holders" in the
Prospectus is supplemented as follows:

<TABLE>
<CAPTION>
                                                                     Number of Shares of Common Stock
                                                                     --------------------------------
                                       Principal Amount of
                                         Notes Owned and
Selling Stockholder(1)                   Offered Hereby         Beneficially Owned(1)(2)    Offered Hereby(2)
- ----------------------                 -------------------      ------------------------    -----------------
<S>                                        <C>                           <C>                     <C>
BancAmerica Robertson Stephens(3)          $3,990,000                    95,158                  95,158
</TABLE>

- ----------------------

(1) Information concerning the Selling Holders may change from time to time and
    any such changed information will be set forth in supplements to this
    Prospectus if and when necessary. In addition, the per share conversion
    price, and therefor the number of shares issuable upon conversion of the
    Notes, is subject to adjustment under certain circumstances. Accordingly,
    the aggregate principal amount of Notes and the number of shares of Common
    Stock issuable upon conversion thereof offered hereby may increase or
    decrease.

(2) Assumes a conversion price of $41.93 per share, and a cash payment in lieu 
    of any fractional share interest.

(3) BancAmerica Robertson Stephens acted as an Initial Purchaser in the
    Original Offering.


          The date of this Prospectus Supplement is January 14, 1998.



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