New Enhancement: Installments for Products

Ilja S
Ilja S Pipedrive Team Posts: 8 PIPEDRIVE TEAM
Name Dropper First Comment
edited October 8 in What's New #1

We're excited to announce that the Installments functionality is live! 

What?

With this new functionality, sales reps can now configure the payment plan for one-time products to track payments through installments. This feature will also help with analysis of Product Revenue Forecasting report.

Where to find?

Installments tab is located in Products widget and in the Deal details modal.

For what plans?

Advanced and above plans

Release timeline

We are going to do a gradual release with full release distributed by mid of October. Starting today with 10% of rollout.

Thank you very much for your feedback!

Comments

  • integritybanton
    integritybanton Member Posts: 7 VERIFIED MEMBER
    Second Anniversary Name Dropper First Comment

    When will this be accessible via the API?

    I really like this, since my user case is that I invoice x% amount of the product price in step 1 of the delivery, and y% of product price in step 2.

    I would also like to be able to not set a date or some of the installments; since the final delivery date is not yet set. (I can basically do this by billing payment to 2030-01-01 or something; but workarounds are never beautiful).

  • Nikolai Sokolov
    Nikolai Sokolov Member Posts: 123 VERIFIED MEMBER
    100 Comments Third Anniversary 25 Likes 5 Up Votes

    Hi @integritybanton its actually accessible thru the API, check out the subscriptions part:

    https://developers.pipedrive.com/docs/api/v1/Subscriptions

    its a bit confusing, but works great. So currently, payment plans are set up in the subscription part - you can switch between regular subscription with cycles ORRR a payment plan which is what you're looking for.

  • Nikolai Sokolov
    Nikolai Sokolov Member Posts: 123 VERIFIED MEMBER
    100 Comments Third Anniversary 25 Likes 5 Up Votes

    (this is not about this new feature, but works really great and I'd suggest using the current one till the new feature is fully fleshed out and API-ized :)

  • Administrator_14693
    Administrator_14693 Member Posts: 40 VERIFIED MEMBER
    Fourth Anniversary 10 Comments Name Dropper 5 Likes

    Just a quick question, can this be sync'd both ways with QBO for payment plans to avoid using Zapier?

  • Tony Xavier
    Tony Xavier Pipedrive Team Posts: 156 PIPEDRIVE TEAM
    100 Comments 25 Likes 5 Answers Second Anniversary

    Hello @Administrator_14693,

    The native integration we have built for Quickbooks currently does not support installments, and using Zapier would remain the best option.

    We have brought this to the attention of our product team for future consideration.

  • integritybanton
    integritybanton Member Posts: 7 VERIFIED MEMBER
    Second Anniversary Name Dropper First Comment

    @Tony Xavier I tried using Make.com's Pipedrive modules to get info and create installments; but it doesn't quite work. I managed to create an installment subscription and can get info about, but it does not reflect on the deal page in Pipedrive. On the deal page I have also manually set two other installments that I can not get via the Make.com modules.

    And this with installment subscriptions is confusing; since you can only create installments for one-time payments.

    What am I missing here?

  • Meg Popova
    Meg Popova Member Posts: 2 VERIFIED MEMBER
    First Comment Photogenic First Anniversary

    Hi, do you plan similar feature for products, which are with other billing frequency, not one-time? And when?