It’s easy to set administrative tasks aside when you’re focused on the day-to-day details of running a business. While operations, sales, and customer support are essential, so is cash flow. If you don’t have a good handle on your financials, you may find yourself with a seemingly booming business but an empty bank account. Proper…

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When you’re trying to grow or run a business, every dollar matters. It’s critical to find ways to cut costs, increase efficiency, and run lean to increase your profit margin and boost the bottom line. But cutting costs without compromising on productivity can be tricky. And the idea of having to spend money to save…

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Expense Tracking Tips for Small Businesses

Financial problems are the biggest threat to small business success. Confusing tax regulations, health insurance complexities, a lack of available capital, and old-fashioned disorganization all pose a risk to a company’s bottom line. Not sure how to make sure your company stays the course? Start with expense tracking. Here’s how to do it well. What…

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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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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

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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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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mindsalt-expense-tracking-software

Your company’s financial information is crucial to its success. It needs to be accurate, up-to-date, and organized. Expense tracking software is a fantastic tool to streamline tasks related to common finance-related business practices, but not all programs are created equal. Here are three elements that set MindSalt Time & Expense apart from the competition. MindSalt…

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web-based-expense-tracking-transition

Most people recognize that technology can do amazing things for a business. However, implementing new systems involves more than simply making sure your hardware is compatible and everything is configured correctly; it also means effectively onboarding your people. When making the transition to web-based expense tracking, it’s important to remember that any organizational change –…

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5 Things to Look for in an Expense Tracking Software

5 Things to Look for in an Expense Tracking Software There are many reasons to move from traditional expense tracking processes to a robust expense tracking software system, so choosing the right one is often a daunting task. There are hundreds of options available, each touting their unique features and benefits. Before you make a…

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