Billing, Invoicing & Other Financials
LinenTech has a unique billing and invoicing system designed specifically for industrial & commercial laundries. You can completely automate accounting, billing and invoicing system for your laundry through LinenTech Financials. LinenTech allows you to maintain a completely separate set of prices for all your customers. You can bill your clients by linen weight, by item quantity or a combination of both.
With LinenTech Financials you can post payments against invoices, review your overdue invoice reports, manage your cash flow statements, track expenses, view your daily weekly or monthly profit and loss and a whole lot more.
LinenTech's financial performance system allows you to identify customers and areas that are generating most of your revenue and also pin point expenses that are causing most of your cash outflow. LinenTech also keeps a time based check on any variations in your revenue stream and production costs to indicate areas that you need to focus on. The system also helps you to set budget targets that you can compare with actual financial performance of your laundry.
Some of the key features of LinenTech's financial module are
- Maintain separate set of prices for all your customers.
- Charge your customers by weight, item quantity or combination of both.
- Automate your invoicing process. Email invoices directly to clients on preset dates.
- Receive overdue invoice alerts. Set auto reminders for overdue invoices.
- Receive and record payments in the system.
- Print reports for ageing receivables.
- Get comprehensive weekly, monthly and yearly revenue reports for every customer.
- Record all your Laundry Expenses in LinenTech Financials.
- Email statements directly to your customers.
- Review your cash flow statements.
- Run time bound comparisons to review your financial performance and also know your strong and weak business areas.
- Generate daily, monthly or weekly Profit and Loss Reports.
- Set budgets and compare them with your actual revenue and expense.
All in all LinenTech allows you to completely streamline laundry's financial operations. The focus is on simplicity, ease of use and above all extensive reporting.
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