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SEC Flags Benchmark That Obscured WeWork’s Bottom Line

PYMNTS

The We Company , the parent of WeWork , uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax reported on Tuesday (Dec. The contribution margin — also used by Lyft and Peloton — ignores fixed and startup costs, and highlights core service revenue.

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The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

QuickBooks: A widely used accounting software that offers robust financial reporting capabilities, suitable for small and medium-sized businesses. Xero: Another popular cloud-based accounting software with strong financial reporting features, particularly favored by small businesses and startups.