Orange Marketing
It’s a quiet week on the HubSpot release front, possibly a result of their upcoming holiday slowdown from June 30 - July 4th., but there are is one promising update worth noting. While currently only available in private beta, a new reporting feature gives revenue teams a clearer, more accurate way to forecast and track performance by product, without relying on workarounds or third-party tools.
Let’s take a closer look at this week’s highlight: Line Item Revenue Reports.
Line Item Revenue Reports
Sales teams can now accurately track and forecast revenue without creating custom objects or using third-party tools. This helps:
- Forecast monthly recurring revenue from both closed and open deals
- Track revenue performance by individual products
- Identify potential revenue gaps before they impact operations
- Make data-driven decisions about resource allocation
How does it work?
To access the new reports, navigate to Reports > Sales Analytics > Forecast & revenue
- Closed Won Recurring Revenue: View monthly recurring revenue from closed deals by product
- Open Recurring Revenue: See potential monthly recurring revenue from in-progress deals by product
- All Closed Won Revenue: Track monthly closed revenue broken down by product
The recurring revenue reports evenly distribute recurring line items across the period between their billing start date and billing end date.
NOTE: this feature is currently available in private beta only.
Maximize Your HubSpot Investment
Even with a lighter release week, this update shows HubSpot’s continued push toward smarter, more flexible tools that help teams move faster and make better decisions. If you're trying to make the most out of all of HubSpot's functionality, our team is ready to guide you every step of the way.
To learn more, explore our HubSpot implementation services here.
