The MindSalt Blog

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

5 Things to Look for in an Expense Tracking Software

By MindSalt | May 12, 2020 |
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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Why Time and Expense Reporting is So Important to Your Business

By MindSalt | April 28, 2020 |
why-time-expense-reporting-so-important

Every business is looking for ways to operate more efficiently, improve data accuracy, and maximize revenue. One simple change to positively impact all three areas is to adopt user-friendly, accessible time and expense reporting systems. Here are three ways they will benefit your business. Time and Expense Reporting Improves Business Decisions The best business decisions…

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Web-Based Timesheets: What Are They and How Do They Work?

By MindSalt | April 14, 2020 |
web-based timesheets what are they and how do they work

Time-tracking is a critical part of any business. Managers need to know that employees are accountable for their hours on the job, and team members deserve to be paid on time. Web-based timesheets are a great workplace solution that makes life easier for everyone including employees, managers, and accounting/payroll staff. Here’s everything you need to…

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How Time Tracking Software is Helpful to Employees

By MindSalt | March 26, 2020 |
How Time Tracking Software is Helpful to Employees

Most managers are in favor of time tracking software. The increased oversight, accountability, and documentation helps ensure employees are productive. But how can you present the concept to employees without making them feel like they’re being micro-managed or that you don’t trust them? The truth is that time tracking software benefits your employees, too. Focus…

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Tips and Tricks for Keeping Track of Your Expenses

By MindSalt | March 19, 2020 |
Keeping Track of Your Expenses tips

Expense tracking is critical for the success of your business. Keeping track of expenses helps you maintain an accurate picture of your financials, pay invoices on time, and reimburse your employees promptly. However, it’s easy to fall into bad habits and disorganization in this area, resulting in lost receipts, late payments, and inaccurate project budgets.…

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Why You Should Invest in an Expense Tracking Software

By MindSalt | March 12, 2020 |
Why Invest in an Expense Tracking Software

Businesses of all sizes understand the importance of accurate expense tracking. However, this task is frequently sidelined in the busyness of day-to-day operations where immediate needs are front-and-center and multiple demands are competing for attention. Expense tracking software can help make this mundane task easier to manage while benefitting your business in many ways. Here’s…

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5 Benefits of Time Tracking Software

By MindSalt | March 5, 2020 |
5 Benefits of Time Tracking Software

Big operational changes can be difficult in business. But when considering a major overhaul like web-based time tracking, the long-term benefits far outweigh the short-term effort. Whether you’re weighing this decision for your small company, trying to convince big-business stakeholders, or onboarding employees to your new time tracking system, highlight these five benefits to convince…

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What is Expense Reporting Software?

By MindSalt | February 27, 2020 |
what is expense reporting software

Accurate financial record-keeping is essential for the success of any business. Frequent employee travel, complex approval hierarchies, and off-site purchases pose huge challenges to the completeness of financial records. Lost receipts add hours of work to overburdened staff. Missing expense reports make precise financial projections impossible. Expense reporting software can help. Here’s how. How Does…

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An Introduction to Time Tracking Software

By MindSalt | February 13, 2020 |
An Introduction to Time Tracking Software

When running a company, there’s no shortage of complex business tasks. One of the most time-consuming is tracking employee time. Time-keeping records are the basis for payroll and billing activities, and because these are tasks that occur with such regularity, time tracking software is one of the best investments for your business. Here’s what you…

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