Skip to content
Lenco logo
Business TipsPosted onJanuary 27, 2023January 27, 2023

5 Most Useful Lenco Account Features Your Business Can’t Do Without

by Adetola S.
Contents hide
1 Some of The Most Powerful Lenco Account Features Your Business Needs
1.1 Expense Management
1.2 eStatements
1.3 Online Bill Payment
1.4 Instant Payouts
1.5 Payroll
1.6 What are we doing to make banking easier for you?
1.7 Conclusion
2 Share this:
3 Related
4 Discover more from The Lenco Blog

For a small business owner, managing accounts can be a real pain. Thankfully, we have made it easier than ever to manage your finances with powerful and effective Lenco account features.

With our free mobile app, you can do everything from paying bills and making deposits to tracking expenses and easily seeing what’s in your bank account.

The best part? It’s all easy to use with no hidden fees or charges!

Some of The Most Powerful Lenco Account Features Your Business Needs

Expense Management

This Lenco account feature is one of the most powerful in our suite. It allows you to manage all of your business expenses and track them so that you can make sure they are being used for their intended purpose.

Using this feature, you can see exactly how much money has been spent on each expense and what it was used for (for example, food or travel). You can also see which customers have been billed for services from your company, which is extremely helpful if you want to keep records of what was purchased with whom.

Using this system will help save time because there’s no need for manual paperwork anymore! The system automatically keeps track of every purchase made by any employee within the organization through an easy-to-use interface that allows users access anytime anywhere via computer or mobile device alike.”

eStatements

eStatements are a great way to stay on top of your finances. They allow you to view all of your business’s transactions in one place so that you can make sure everything is running smoothly. You’ll also be able to view your cash flow, which will help you stay on top of how much money is coming in versus going out each month.

eStatements can help save money by eliminating printing and postage costs associated with paper statements—and even more importantly, they’re an environmentally friendly way for businesses like yours (or any other type) to manage their finances! The fact that eStatements don’t require paper makes them a smart choice when it comes to choosing an accounting software solution for small businesses like yours too

Online Bill Payment

Online bill payment is a convenient way to pay bills. You can set up recurring payments and even pay bills from your mobile device. You can also make payments using the Lenco app, which gives you access to all of these features in one place.

Purchase airtime in a breeze for an individual or in bulk for your team members with zero fees. Buy airtime and pay bills automatically via our API. Sell bill payment services to your customers via the Lenco bill payment API and earn on every purchase.

Instant Payouts

You can instantly transfer money in bulk to bank accounts automatically or manually. Send instant bank transfers to your customers via APIs, file uploads, or on the dashboard.

Payroll

Payroll is a service that allows you to pay your employees. It’s convenient, easy, and done from anywhere. You can also do it automatically or manually.

Payroll is a very important feature for businesses because it allows them to outsource their payroll function completely, freeing up time and resources that would otherwise be spent on this process.

These are only some of the Lenco account features we’ve tailored for the smooth running of your business. Get access to these and more when you open a Lenco account!

Also read: Introducing Lenco Token App

What are we doing to make banking easier for you?

Everything and more that’s in our power! We do this by offering:

  • Free transfer with Lenco cash back
  • No maintenance fee
  • No minimum balance
  • No hidden fees
  • Free SMS and In-app notifications

This way you can start:

  • Saving time and money on your account fees, which can add up to hundreds of naira each year.
  • Making it possible for you to do more with your money.
  • Helping you manage your finances better so that any issues can be resolved quickly and easily.

Conclusion

We are always looking to make your banking experience easier and more convenient. If you have any questions about Lenco Accounts and how they can benefit your business, please contact us today at +234-9427-8928 or visit us online at lenco.co

Share this:

  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Telegram (Opens in new window) Telegram
  • More
  • Click to email a link to a friend (Opens in new window) Email
  • Click to print (Opens in new window) Print
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on Pocket (Opens in new window) Pocket
  • Click to share on Nextdoor (Opens in new window) Nextdoor
  • Click to share on Mastodon (Opens in new window) Mastodon

Related


Discover more from The Lenco Blog

Subscribe to get the latest posts sent to your email.

  • 5 Things Small Business owners should not do
    Business managementPosted onAugust 15, 2024August 28, 2024

    5 Things Small Businesses Should Not Do

    Avoiding these common mistakes is more than just survival—it’s about building lasting success. By managing your finances, listening to customers, investing in your brand, adapting to market trends, and growing sustainably, you’ll create a solid foundation for your business to thrive long-term.

    Share this:

    • Click to share on WhatsApp (Opens in new window) WhatsApp
    • Click to share on LinkedIn (Opens in new window) LinkedIn
    • Click to share on X (Opens in new window) X
    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on Telegram (Opens in new window) Telegram
    • More
    • Click to email a link to a friend (Opens in new window) Email
    • Click to print (Opens in new window) Print
    • Click to share on Reddit (Opens in new window) Reddit
    • Click to share on Tumblr (Opens in new window) Tumblr
    • Click to share on Pinterest (Opens in new window) Pinterest
    • Click to share on Pocket (Opens in new window) Pocket
    • Click to share on Nextdoor (Opens in new window) Nextdoor
    • Click to share on Mastodon (Opens in new window) Mastodon
    by Oluwakemi Oyebo
  • Business TipsPosted onFebruary 6, 2023February 6, 2023

    The growth of peer-to-peer lending platforms

    Peer-to-peer (P2P) lending platforms have grown rapidly in recent years as a viable alternative to traditional banking methods. These online platforms connect borrowers and lenders directly, bypassing the need for banks as intermediaries.

    Share this:

    • Click to share on WhatsApp (Opens in new window) WhatsApp
    • Click to share on LinkedIn (Opens in new window) LinkedIn
    • Click to share on X (Opens in new window) X
    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on Telegram (Opens in new window) Telegram
    • More
    • Click to email a link to a friend (Opens in new window) Email
    • Click to print (Opens in new window) Print
    • Click to share on Reddit (Opens in new window) Reddit
    • Click to share on Tumblr (Opens in new window) Tumblr
    • Click to share on Pinterest (Opens in new window) Pinterest
    • Click to share on Pocket (Opens in new window) Pocket
    • Click to share on Nextdoor (Opens in new window) Nextdoor
    • Click to share on Mastodon (Opens in new window) Mastodon
    by Precious Babatunde
  • Business documentsPosted onJanuary 24, 2023January 24, 2023

    Applying For A Business Loan: 7 Most Important Lender Documents You Need

    Applying for a business loan can be a stressful and time-consuming process, especially if you’re not sure what documents you…

    Share this:

    • Click to share on WhatsApp (Opens in new window) WhatsApp
    • Click to share on LinkedIn (Opens in new window) LinkedIn
    • Click to share on X (Opens in new window) X
    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on Telegram (Opens in new window) Telegram
    • More
    • Click to email a link to a friend (Opens in new window) Email
    • Click to print (Opens in new window) Print
    • Click to share on Reddit (Opens in new window) Reddit
    • Click to share on Tumblr (Opens in new window) Tumblr
    • Click to share on Pinterest (Opens in new window) Pinterest
    • Click to share on Pocket (Opens in new window) Pocket
    • Click to share on Nextdoor (Opens in new window) Nextdoor
    • Click to share on Mastodon (Opens in new window) Mastodon
    by Adetola S.
Lenco logo
LENCO
now
New Inflow
John Doe AI. Services received NGN4,150,000.00 from Martin Stylus.

Manage your Business Banking on the go.

Business Banking that finally works!

Download on the

App Store

Download it on

Google Play

Lenco logo
Lenco makes current bank accounts for businesses in Nigeria 10 times better, 10 times cheaper and 100% human support when you need it

Contact

support@lenco.ng

facebook twitter instagram linkedin