Tips, Tricks & Best Practices

DCrinnion1
Contributor

Line Items, Subscriptions or Recurring Revenue BETA?

Hi All,

 

I was looking for best practice advice and perhaps people own case studies about they use Hubspot for recording ARR. 

 

For context, we are a B2B Service provider and we sell multi year subscriptions to our customers. I recently joined the company and found we just use Line items and mark it however I have found this is not good for multi year deals etc. Therefore the question is open to the floor... What do you use to record down ARR? 

 

My current thought process is add Subscriptions to the Deal Record and I will then be coding a Custom ARR field for all of the Subscriptions recurring revenue and length of time etc. However of course that may mean I need to get Ops Hub. 

Has anybody got any good ways of recording down ARR?

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1 Reply 1
BérangèreL
Community Manager
Community Manager

Line Items, Subscriptions or Recurring Revenue BETA?

Hi @DCrinnion1,

Thank you for reaching out to the Community!

I have found for you similar threads that might help you:

- Managing a scaling up multi-year opportunity
- Best Practice for Tracking Recurring Revenue from different Deals
- Multi-year deal with price escalation
- Calculating total value of deals with multi-year products charged annually

I also wanted to invite a couple of subject matter experts to this conversation: Hi @danmoyle, @trevordjones and @HubDoPete do you have best practices or insights to share with @DCrinnion1, please?

Thanks so much and have a lovely day!

Best,
Bérangère


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