Renewable/Recurring Deals

Some deals are closed once, but are renewed every week, month or year without having to close them again. Therefore, it would be great to have renewable deals that are automatically shown in the dashboard as recurring revenue. 

 

This means we don't have to create a new deal each time and move it to the closed stage in order to show the closed amount in the performance dashboard Smiley Wink

HubSpot updates
88 Replies
Community Manager
Community Manager

Hi, thank you very much for submitting this idea. I am a product manager on the team that is currently working on solving recurring revenue issue. I reached out to some of you to learn more about your use cases. If you didn't recieve an email from me but would like to connect and share your feedback please feel free to email me directly at ipalma@hubspot.com. 

 

Thank you,

Iuliia Palma, 

Product Manager, HubSpot Sales Hub

Community Manager
Community Manager
updated to: In Planning

We are in the process of scoping a number of features to address recurring revenue tracking and management ideas. Some of the features will be available soon for initial test. If you would like to be part of the first test and feedback loop please email me at ipalma@hubspot.com 

MFoulkes
New Contributor

Check out www.quarterone.com - they have resolved this issue

MFoulkes
New Contributor

Check out www.quarterone.com - they have resolved this issue

Rosberg
Occasional Contributor

Great to see that you are working on this, i will email you to join as tester.

charliepinker
Regular Contributor

Agreed, our subscriptions renew automatically after the initial contract term, and we would like to see these in Hubspot, or at least have automation available to create and close the new deal without manual effort, as doing it manually is not possible at any level of scale.

AussieRyan
Occasional Contributor

This is absolutely needed for our business! We have a recently launched a cloud-based service that is now billed monthly (rather than annually). Our "Starter" package is $10 a month, which with the current CRM system means creating a new deal every month to track revenue accurately. And with thousands of clients, you can imagine the mess that this will cause with deals being auto-created through our API. 

emil_persson
Occasional Contributor

FYI this is now a live feature of HubSpot Sales. However, you have to buy the Enterprise package to get it, starting at  € 1110/month...  Yey.

 

See "Recurring revenue tracking" at https://www.hubspot.com/pricing/sales?selectedPackage=enterprise.

dannevesdantas
Regular Visitor

Renewable/Recurring Tasks would be great too.

CWhite
New Contributor

@ipalma any update on when this functionality will be available?

 

Thx!