Manage All Your Bills With Letushostyou

Letushostyou is a cloud CRM platform that makes it easy to manage all your bills and do a lot more. For many businesses, especially in Nigeria and Africa, managing bills has been a huge headache. We cannot overemphasize the benefits your business stands to gain when you get a reliable bill management platform.

In this post, we will show you several ways that Letushostyou helps you to manage all your bills. We will also provide clear explanations and benefits for each function. Let’s get started.

How Letushostyou helps to manage all your bills

Before we go on, we must reiterate that asides from bill management, Letushostyou also helps with customer management. There are several features you can take advantage of to help you manage your bills better using Letushostyou.  We have listed them out below:

Estimates

One of the most important aspects of bill management and customer management is creating accurate estimates. What are estimates?

An estimate is a document that shows how much a list of products or services is likely to cost. Usually, the seller or vendor presents this document to the prospect. It helps to predict cost, quantity, and how much each resource needed costs. Most times, you use this document when bidding for a new job.

With a bill management software like Letushostyou, creating estimates is easier. How? It is simple. When you use this software, it collects data from different tasks. You can refer to this data when creating estimates for future business bids. There are several reasons why you need estimates as a business owner:

• Accurate planning – It is imperative that you can accurately predict the resources needed to complete specific tasks. With an estimate, you can achieve this along with the cost of these resources.
• Better profit margins – When you can accurately predict costs, it improves your chances of making better profits. This is because you are very unlikely to face unexpected costs along the way.
• Better resource management – The insight you gather from the data collected helps you to manage resources better during projects. It also helps you to hire the right hands and identify resource gaps.
• Better client relationships – We cannot separate bill management from customer management. With a CRM like Letushostyou, you can explain the reason for each item on your estimate to the prospect. This will show transparency and help to improve working relationships.

Invoices

Invoicing cannot be separated from your business if you are going to succeed. An invoice is a business document that contains the products or services offered to a client and their cost. It goes further to place an obligation on the client to pay within a specific period.

You can easily create invoices on the Letushostyou platform for better bill management. Here are some of the reasons why you need an invoice:

• Track sales effectively.
• Request timely payments.
• Record business revenue for the tax season.
• Forecast future sales by accessing and analyzing historical data.
• Track inventory if you sell physical products.

Letushostyou presents you with invoice templates that you can tweak to suit your business.

Payments

We cannot discuss bill management without mentioning tracking “payments.” Tracking payments is one of the most difficult tasks that a business owner faces. No wonder most business owners keep procrastinating on this task.

Here’s some good news. You can now track payments easily using Letushostyou. What are the benefits that you stand to enjoy from doing this?

• Better money management – Many businesses fail because of funds. Tracking your payments signifies tracking your cash flow. When you do this, it becomes easier to control costs and fix bad financial habits.
• Preparation for the tax season – When the tax season approaches, most business owners begin to cringe. This shouldn’t be the case. With an efficient CRM Letushostyou that can track payments, you can be prepared for the tax season earlier.
• Determine profitability – Calculating profitability isn’t difficult. However, to calculate your profitability, you must first track your payments. This is where Letushostyou comes in. With this app, you can determine how much profit you are making since you have records of every transaction.

Conclusion

Letushostyou has made bill management and customer management a lot easier. We have shown you three ways to manage all your bills using this platform. If you have any questions, drop them in the comments section.