Recurring TYFCB

Mr Mark Nugent

April 21, 2021 01:45

Our model is recurring monthly invoicing to clients.  BNI referrals means we have to continually login and repeat the same referrals either every month / quarterly etc.

The minimum length of time for a new client is 3 years - or 36 months - with 98% ongoing indefinitely from that point. 

This is very time consuming creating a barrier for us to do so -- as well as creating potential reporting errors.  

What would be useful to us is a way to log a recurring TYFCB for each referral we received resulting in a sale.  Each month the TYFCB is automatically logged. 

A confirmation process would be useful to confirm that the recurring revenue to members in the event is still active. This would capture forgetting to turn off an recurring TYFCB.

Another condition that would likely needed to be captured is the original  referring member leaving the team -- perhaps an automatic switch to logging it against past members would cover this.

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• Official comment

  

  Jeremy Walsh

  April 23, 2021 16:04

  @mark - Thank you for the suggestion. We agree that this would be a great way to streamline this for many service businesses. This is on our master list of feature requests for future discussion and consideration. We will add your request as a "vote" for prioritization. Hope this helps and have a great weekend! 
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  Ms. Debra Blouin

  January 18, 2023 21:38

  Please follow through on this. It would help build value in the app and in BNI.

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  Mr Mark Nugent

  January 24, 2023 00:34

  Yes would be great to get an update here -- where is this at now please?

   

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  Jeremy Walsh

  January 24, 2023 14:04

  Hi guys!  Thanks for checking on it.  It is still on the list, but has not moved far enough up to dethrone other current priorities.  We do get this in as a new suggestion every several weeks, so it is definitely on the radar!

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  Hana Bland

  June 06, 2023 19:41

  For now I'm putting in 1 year of recurring monthly business all at once.  The client has signed a contract for a year; so, I'm confident that that's the business that I've gained.  This will save me entering the same amount every month.  It may not be technically correct, but it's what works for me.

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  Mr. Bill Lundberg

  August 17, 2023 01:59 Edited

  The positive side of recording a recurring revenue say monthly is each month an inside (or outside) referral can be recorded. At the same time, a TYFCB can be entered as well.  This helps the member and the chapter's overall reporting numbers.  

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