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For WhatConverts

A sale value somebody typed in is a claim. The invoice is the evidence.

Export your WhatConverts leads, match them against your invoices, and see where the recorded values and the real ones part company.

No API key Nothing to install in WhatConvertsNothing to install No card requiredNo card

WhatConverts sits on the lead side in CloseRev: it gathers calls, forms and chats into one lead file with a source on each, which is the most complete lead side a small business is likely to have. What it records about revenue is usually a value somebody typed against the lead, and matching the leads against real invoices tests whether those values were right. Revenue with no traceable lead is reported as Direct / Unknown.

Last checked against WhatConverts's own documentation on September 25, 2026.

The gap

Every lead has a quote value or a sale value on it, and nobody remembers who entered them or when.

WhatConverts sees

What was sold, to whom, and for how much.

no shared row
Your ad account sees

The click, the keyword, the call, and what each one cost.

The file

What the export needs in it.

Three things carry the match: who, how much, and when. Anything else is optional and only changes how the report can be sliced.

  1. Needed

    Lead phone or email

    On each lead, whatever captured it — the call, the form or the chat.

  2. Needed

    Source, medium and campaign

    Where the lead came from, as captured at the time rather than reconstructed later.

  3. Needed

    Lead date and lead type

    When it arrived and whether it was a call, form or chat.

  4. Optional

    Recorded quote or sale value

    The value somebody entered. Kept as a separate column so it can be compared with the invoice rather than replacing it.

Step by step

Getting the file out of WhatConverts.

Written for somebody with WhatConverts open in the next tab. Report names vary by edition, so each step says what to look for.

  1. Export every lead with its source

    Calls, forms and chats together, one row each, with the contact detail, source and date.

  2. Keep the recorded values in their own column

    They are what the report checks, so they must not be what it uses.

  3. Export invoices

    From the system that bills: customer contact detail, amount, date.

  4. Collapse repeat contacts

    A person who calls twice and fills a form is one customer. The report matches on the person, not the event.

  5. Upload both

    The join runs on the phone and the email, normalised, and the recorded value is set beside the invoiced one.

What comes back

The page WhatConverts cannot show you.

Revenue by channel, the count of sales behind each figure, and an honest bucket for the ones nobody could trace. Sample figures, from the worked example on the Marketing Agencies page — not from a WhatConverts account.

Traced to a channel$326,20077% of $423,600
Sales matched128 of 172high confidence only
Average sale$2,460per paid sale
ChannelShareSalesRevenue
Google Ads61$186,400
Meta Ads48$93,200
Email marketing19$46,600
Direct / Unknown44$97,400

Unmatched sales stay in Direct / Unknown. They are never spread across the paid channels to make the total look better.

The argument

What changes when the lead and the ad share a row.

A typed-in value is self-reported revenue

Lead tracking tools let a business record a quote or a sale value against each lead, and the reports that follow rank sources by those values.

The values are only as good as the person entering them, on the day they entered them. Some are estimates, some are the first quote, some are forgotten entirely.

Matching the leads against the invoices produces the real figure beside the recorded one, per source.

Where the two agree, the recorded values can be trusted for that source. Where they diverge, the report shows which way and by how much.

The divergence is rarely random. Sources whose leads are quoted large and invoiced small tend to be the price-sensitive ones, which is a finding in itself.

One person, several contacts, one customer

A prospective customer often calls, then fills in a form, then calls again from a different phone. A lead tracker records each as a lead, which is correct for its purpose.

For revenue, it overstates the channel: three leads, one customer, one invoice.

The report matches on the person, collapsing contacts that share a phone number or an email, so each customer is counted once and credited to the source that produced them first.

It also reports how many contacts the average customer made before buying, per source, which is a useful measure of how much convincing each channel's customers needed.

Agency reporting is where this matters most

Agencies often run a lead tracker for their clients and report leads and recorded values as the result of their work.

Clients increasingly ask the obvious follow-up question: which of those leads became revenue.

The client's own invoices answer it. Exporting them and matching them against the tracker's lead file gives the agency a number the client can check against their own books.

That is a stronger report than any lead count, and it is also the one that survives a client asking whether the agency is grading its own work. It is harder to produce, which is part of why it is worth more.

Calls, forms and chats carry different intent

A phone call is usually a person ready to talk about a job. A form might be a question. A chat might be a price check.

Pooled together, the lead count mixes them and the revenue per lead describes none of them.

Ranked separately by type and by source, the picture sharpens: a channel that produces mostly chats may look busy and produce little, while one producing few calls may produce most of the money.

The report keeps the type on every row for exactly that reason.

It also helps with staffing. If calls from one source convert and chats from the same source do not, the answer may be who answers the chat and how fast, rather than whether to keep paying for the source at all.

Fair questions

“WhatConverts already does that.” Not quite.

They say

“WhatConverts already tracks the value of each lead.”

We say

It tracks what somebody entered. The invoice is the independent check on it.

They say

“Our team enters values carefully.”

We say

Then the check will agree, and you will have evidence rather than an assumption.

They say

“We report leads to our clients already.”

We say

And the next question they ask is which leads became revenue. Their invoices answer it.

Questions

WhatConverts, specifically.

Something else? Ask us and a person answers.

No. It reads a file you exported, so your tracking, recordings and account stay where they are.

WhatConverts and the other product names and logos on this page belong to their owners and are shown to identify the software a file comes from. CloseRev is not affiliated with or endorsed by them, and connects to none of them: it reads a file you export.

Start today

Two exports, and you will know.

Nothing to install in WhatConverts, no API key, and no need to have been tracking anything until now. Last year works as well as this month.