Renewable/Recurring Deals

[maximilianq]

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 

[#2]

Hi @maximilianq, thanks for the post. This is something which our team has thought of before, and is considering, see this post on our old ideas forum. As the update states, we are thinking of adding an option for recurring revenue on existing deals. -May

[#3]

If it is possbile to add the recurring revenue report function in Hubspot? thanks

[#4]

Our business has both recurring revenue and non-recurring revenue in the same deal.  We'd like to be able to have a form entry for both recurring and non-recurring revenue in Deals AND HAVE SEPARATE QUOTAS for each type.

We have recurring revenue quotas and a different quotas for non-recurring revenue.  Currently the one quota to rule them all uses the one Deal amount against. the one Quota amount.  A workaround has been to create a recurring revenue pipeline and a non-recurring revenue pipeline and create TWO DEALS for each opportunity, one for each pipeline.  But we still only get one quota.  And we end up having to manage two deals per opportunity.

[#5]

I would welcome this as well, it would be especially useful for people who are selling subscriptions!

[#6]

I also would like to have an answer to this question. 

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@jessietwc wrote:

If it is possbile to add the recurring revenue report function in Hubspot? thanks

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[#7]

Managing Deal Flow- New Subscriptions Versus Renewals 

When our sales team close (won)  a new subscription, that deal enters into a brand new sales cycle and managed by a different team. Hubspot needs to build functionality that is efficient for sales reps and managers. I've created a workaround that requires the team to create two different deals in two different pipeline reports (new subscription and renewals).  Hubspot is brilliant in it's simplicity and strongly recomend addressing this need for our company and likely all other SAAS companies using Hubspot.  

Thanks, Jonathan

[#8]

+1 on recurring deal revenues is needed before closing a deal, no need for the whole deal to be recurring once it has been closed.

[#9]

Yes, our client needs this ability as well!

[#10]

Hi @jessietwc, @Maka, @simona, @bcarter00 : I am just commenting to let you know that I have merged the previous idea that you had commented on ("Recurring revenue report") with this current idea, which was posted before and had more votes. This was done in order to increase the idea's visibility, and thus make its implementation more likely. Please add any additional information that you might find useful in the comments!

[#11]

Yes please to this! We have multiple customers and prospects who need this functionality, and also as partner service agreements for inbound campaigns tend to be on recurring revenue/ monthly fees it seems mad that this functionality isn't available yet!