The MindSalt Blog

Trends, best practices, and tips to help control costs and increase profitability.

Is Expense Tracking Software Safe?

By MindSalt | November 17, 2020 |
is-expense-tracking-safe

Information security is paramount – especially when it comes to your company’s financial information. The impacts of a data breach can be devastating and long-reaching. But beyond the financial implications, failure to ensure the security of your information can affect client relationships, public perception, and the accuracy and completeness of your company’s records. A financial…

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What Types of Businesses Should Use Timesheet Tracking?

By MindSalt | October 27, 2020 |
What Businesses Should Use Timesheet Tracking

Most people know that timesheets are useful for processing payroll. But a timesheet tracking program can provide more information-rich details that can streamline business practices, hold employees accountable for productivity, and serve as an effective tool for project managers. Here are six types of businesses that can benefit from a detailed timesheet tracking strategy. Six…

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10 Tips for Tracking Your Business Expenses

By MindSalt | October 20, 2020 |
10 Tips for Tracking Your Business Expenses

Tracking expenses is a necessary part of any business. And the larger your company grows, the more employees you’ll have incurring business expenses. Whether you’re making large purchases, have recurring receipts, or are just trying to help your sales team get a handle on their expense reimbursement requests, here are 10 tips to help keep…

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Streamline Your Expense Report Process with Expense Tracking Software

By MindSalt | September 29, 2020 |
Streamline Your Expense Report Process with Expense Tracking Software

As businesses grow and change, it’s important to streamline business processes. A lean company is a more profitable company, and simplifying procedures eliminate unnecessary costs and maximizes staff time. Expense reporting is a necessary practice in any business; it’s also one of the easiest to automate. While the logistics of switching from a manual system…

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Time Tracking Software: How it Works

By MindSalt | September 22, 2020 |
Time Tracking Software How it Works

You’ve considered switching your paper-based timekeeping processes to a digital platform, but you’re concerned that the headaches of implementing and managing a new system might outweigh the benefits. If you’ve been hesitant to switch to online time tracking software, here’s how it works – from start to finish. Steps to Using Online Time Tracking Software…

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5 Key Benefits of Expense Reporting Software

By MindSalt | September 8, 2020 |
5 Key Benefits of Expense Reporting Software

As businesses grow, business processes need to change, too. While a paper filing system, customized complex spreadsheet, or simple accounting software may have worked in the beginning, eventually those methods become time-intensive to maintain. They are also rife with the potential for mistakes and data failures. Expense reporting software makes complex financial processes easy, but…

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Time and Expense Tracking: How MindSalt Stacks Up Against Competition

By MindSalt | August 18, 2020 |
How-MindSalt-Stacks-Up-Against-Competition

There are so many vendors offering time and expense tracking software it can be hard to know which one is right for you. MindSalt offers a secure and user-friendly platform that integrates with many popular payroll and timekeeping systems, but that’s just the tip of the iceberg.  Here’s how MindSalt stacks up against the competition.…

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How to Select the Best Expense Tracking Software for Your Business

By MindSalt | August 4, 2020 |
Select Best Expense Tracking Software for Your Business

There are a lot of expense tracking options on the market today. Many of them offer similar features like a web-based platform and remote receipt uploads, making it difficult to distinguish which is right for your business. To select the best expense tracking software for your company’s needs, you need to dig deeper. Here are…

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How Time Tracking Software is Beneficial to Remote Workers

By MindSalt | July 28, 2020 |
How Time Tracking Software is Beneficial to Remote Workers

More people are working remotely than ever before. It’s good news, then, that a recent study found working from home increased employee productivity up to 47%. Still, seven out of ten employees struggle with the remote work model. While it’s clear that working remotely offers huge benefits for both the employee and the company, it…

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Paper Timesheets vs. Web-Based Timesheets: Which is Better?

By MindSalt | June 30, 2020 |
paper timesheets vs web-based timesheets

Time-tracking is an essential function of all businesses. It serves to pay employees, bill clients, and track project progress. There are multiple ways companies track the time of their team members; the two most common methods being paper timesheets and web-based timesheets. How do you know which is best for your business?  Paper Timesheets vs.…

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