Proof of Usefulness Report

BooksTime

Analysis completed on 1/16/2026

+496
Proof of Usefulness Score
Industry Mainstay

BooksTime is a legitimate, verified bookkeeping service established in 2016 with estimated annual revenue of ~$8.2M and 50+ employees. While the project demonstrates high real-world utility and strong financial traction, the submission itself is of extremely poor quality (containing placeholder names like 'BlazeClaw', false claims of 'everyone' as audience, and unsupported traction statements). The evaluation credits the verifiable business success (Traction/Utility) while heavily penalizing the Response Quality and Evidence Quality factors due to the low-effort submission.

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Score Breakdown

Real World Utility+212
Audience Reach Impact+100
Technical Innovation+26
Evidence Of Traction+112
Market Timing Relevance+80
Functional Completeness+2
Subtotal+533
Usefulness Multiplierx0.93
Final Score+496

Project Details

Project URL
Description
Every business needs a bookkeeper, but small businesses almost always pay too much and get too little. We're making bookkeeping work for small businesses.
Audience Reach
everyone
Target Users
everyone
Technologies
Software Development
Traction Evidence
most people have used my product

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline