Add the butter to a medium sized mixing bowl. Beat the butter until fluffy using a hand mixer with beater attachments; scrape the sides of the bowl down as needed using a flexible silicone spatula.

After the butter has been whipped, add the orange zest and cranberry sauce. Continue to beat until the ingredients are incorporated into the butter and the mixture is light and airy.

Place the softened cranberry butter down the center of a piece of parchment paper or plastic wrap.

Fold one end of the parchment over the top of the butter.

With a straight edge, push the butter back into a cylinder while you hold the paper down over top.

After that, roll the butter forward into a roll. Twist the ends.

Place the rolled cylinder of butter in the fridge to chill until firm.

When ready to serve, unroll the cranberry butter and slice.