A Look at Expense Tracking Software in 3 Different Industries

A Look at Expense Tracking Software in 3 Different Industries

Expense tracking software sounds like a helpful tool, but how does it help in day-to-day business operations? Is it a nice-to-have system or an essential business platform? Expense tracking software automates business practices and improves other critical functions like budgeting, employee expense reimbursement, and bidding accuracy. Here’s how it’s used across multiple industries. What Types…

Read More

How Time and Expense Tracking Software Benefits Remote Workers

How Time and Expense Tracking Software Benefits Remote Workers

Before the COVID-19 pandemic, only six percent of employees worked remotely full-time. The need for social distancing in 2020 accelerated the evolution of remote work and it’s now estimated that about one-quarter of the workforce will remain remote permanently. Companies need to spend time and resources developing solid remote work policies and investing in tools…

Read More

Top 5 Expense Tracking Software Frequently Asked Questions

expense tracking software faqs

When you’re considering a switch to expense tracking software, you’re bound to have questions. And you should – it’s a big decision and financial commitment, so before making a choice, you should be confident the program will work for you. While many of your questions will be specific to your business, some questions are universal.…

Read More

Record Expenses on the Go With MindSalt’s Expense Tracking Software

Record Expenses on the Go With MindSalt's Expense Tracking Software

There’s no doubt that remote-accessible tools make life more convenient. But on-the-go business platforms like MindSalt’s expense tracking software aren’t solely about convenience. They can also improve the accuracy of company data, reduce the administrative burden for employees, and contribute to better overall business operations. Here are four ways that recording expenses on the go…

Read More

Why Time and Expense Tracking Matters

why-time-and-expense-tracking-matters

You know that time and expense tracking are important business functions, but you probably don’t know how important. Many companies only use them for their most basic functions like payroll and expense reimbursement, but they can make a huge difference in your bottom line if used to their full potential. Curious how your company can…

Read More

5 Tips and Tricks for Staying on Top of Expense Reporting

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…

Read More

How Expense Tracking Software Helps Reduce Business Costs

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…

Read More

Expense Tracking Tips for Small Businesses

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…

Read More

Is Expense Tracking Software Safe?

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…

Read More

10 Tips for Tracking Your Business Expenses

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…

Read More