Place the softened butter in a medium mixing bowl.
Using a hand mixer or stand mixer fitted with a whisk attachment, beat the butter on medium-high speed for 2 to 3 minutes until light and fluffy.
Add the cranberry sauce, honey, orange zest, and salt to the bowl.
Continue to whip the mixture on medium speed for an additional 1 to 2 minutes until the ingredients are fully incorporated and the texture is uniform.
Transfer the butter to a decorative serving bowl or spoon onto plastic wrap to roll into a log.
Refrigerate for at least 30 minutes to allow flavors to meld and the butter to firm up before serving.