Compound butter: It's like butter, only better. And before you let the word butter keep you from reading further, remember that fat is a necessary part of our diet. Besides being necessary, fat adds to the appealing taste, texture and appearance of food. And, fats carry flavor. Granted, butter is predominantly a saturated fat so it should be used in moderation. You’ll find that a compound butter packs so much flavor you’ll only need to use a little bit to get yummy results.