Soon in Insights: Product revenue forecast report

Külli Kruusla
Külli Kruusla Pipedrive Team Posts: 37 PIPEDRIVE TEAM
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edited October 3 in What's New #1

To better support our customers who have subscription businesses, we are starting a release for a new report type called product revenue forecast report. The report will be available for companies on Advanced plan and onwards. The report can be found under Add new → Revenue forecast → Product revenue forecast.

The new report type helps project the revenue coming from one-time products, recurring products and payment schedules. This report type takes into account all deals that have products attached to them and showcases the revenue expected from the individual products according to the set product billing start date and frequency. NB! this report type does not take into account deals that have no products attached to them.

We will start the release on 16th of September and aim to finish it by mid of October.

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Comments

  • 澤口 友彰
    澤口 友彰 Member Posts: 24 VERIFIED MEMBER
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    #2

    I assume that the revenue from recurring products will be reflected, but what should I do if, for example, I upgrade my plan, or if I cancel during the subscription period?

  • Külli Kruusla
    Külli Kruusla Pipedrive Team Posts: 37 PIPEDRIVE TEAM
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    #3

    Indeed, the revenue from recurring products will be reflected. With the use cases you mentioned:
    - if a subscription gets cancelled before the end date of the subscription, the current workaround is to go to the specific Deal, where the subscription was attached to and modify the billing frequency accordingly. Adding a cancellation option for the subscription product is something that is hopefully soon worked on.
    - if a subscription is upgraded and in order to reflect this on reporting, then it would make sense to end current subscription product with the current price and add new subscription product with the new price.

  • Shane McL
    Shane McL Member Posts: 2 VERIFIED MEMBER
    First Comment
    #4

    Is it possible to have the Billing Start Date added to the List View? Also is there a way for the report to be run on an individual product at a time? I have tried introducing a new filter with Product Name set to a particular product however the report is still produced including all products from the deals.

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