To me, a big strength of the Elektron paradigm is that the LFOs are so flexible and powerful that you can easily set up stuff like this with them. At first it might feel weird or hacky. But the alternative is a ton of menus and options for specific things like this, always there in the interface for you to jump over, and possibly always running in the engine, bogging down the CPU, even if you only use them 1% of the time.
For me the Elektron approach is a lot more elegant, I just reconfigure an LFO to do what I need for that particular sound. With this approach it’s also easy to experiment and come up with stuff that Elektron or I would never have thought of. Freedom through flexibility. Even moreso on the Monomachine where you can lock all the LFO settings per step!