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
SamSpencer
New Contributor

+1 I sell monthly subscriptions (billed bi-annually) it'd be good to see what the recurring revenue would be

virginiam
Occasional Contributor

This is necessary!!

virginiam
Occasional Contributor

Fixed/recurring deals should definitely be a feature!

If payments are actually coming in yearly, but the deal is not recurring, some of the dashboard reports are useless, as they are not showing the accurate revenue coming in the company.
At the same time, creating a new deal for a recurring one after a year, will make the "Closed amount" and Deal Forecasts useless, as they would show old recurring deals, instead of actually newly won deals.

VitoOzzati
New Member

We have fixed individual deals as well as retainers, monthly management fees etc...

 

For us and others, a recurring monthly deal feature in Hubspot needs to be implemented.  So many businesses need this function from previous comments seen above and likely a huge amount of others who aren't on this forum.

 

Surely Hubspot has a development team who can get this actioned quickly?

JessSantin
Visitor

+1

I am also interested. I hope the Hubspot team may have a solution for that.

NishanSingh
New Member

I'm also hoping for this to get implemented soon.

DanaBinPA
Occasional Contributor

 Please add this feature!

Dan1
Top Contributor

This doesn't solve things entirely, but as a SAAS business who has annual contracts, we created a workaround. This video shows how we have made the most out of the deal pipeline and workflows to make the process as automated as possible. 

 

I hope this helps, 

 

Dan 

www.orgcharthub.com

confidentmac
Regular Contributor

@Dan1, this seems great for users who are paying for HubSpot Sales Professional. My pipeline for recurring deals is much simpler than yours and a similar workflow could work well for me. However, $400/month is way outside my price range and not worthwhile for access to workflows. I guess I'll stick to creating deals manually for now.

wilgrace
New Contributor

+1 for recurring deals