Proof of Usefulness Report

Phlo Systems Ltd.

Analysis completed on 2/16/2026

+385
Proof of Usefulness Score
Certified Problem Solver

Phlo Systems is a verified, revenue-generating B2B SaaS company with over 100 clients (tradePhlo) and strategic partnerships (Acumatica). However, the submission quality is critically low, containing hallucinations ('most people have used my product'), incorrect metrics ('market cap' vs revenue), and a likely erroneous name ('WhisperRider'). The score reflects the legitimate business value found via external verification, penalized heavily for the poor quality of the submitted data.

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+3.5
Technical Innovation+8.25
Evidence Of Traction+15.0
Market Timing Relevance+7.0
Functional Completeness+0.25
Subtotal+52.75
Usefulness Multiplierx0.73
Final Score+385

Project Details

Project URL
Description
Phlo Systems (former Satoshi Systems) was founded in Dec 2016 with an objective to provide intuitive, easy to use, inexpensive SaaS to the physical commodity trading industry with an objective to make them operationally efficient. Over the years we have successfully developed the following products and services: 1. opsPhlo - a complete end-to-end commodities management ERP system built in partnership with Acumatica ( https://www.acumatica.com/ ). The system allows commodity traders to digitise all their day to day core business operations such as management of contracts, hedging, purchase, sales, back-to-back trading, inventory, warehousing, shipping, trucking, other logistics (rail, barges etc), scheduling, delivery, customs documentation, settlement, invoicing, finance and accounting. We have now started adding non core modules such as payroll, HR, project management, manufacturing, expense management, CRM etc also to it. 2. finPhlo - finPhlo is an end-to-end business management ERP solution for trade financiers. It assists financiers in creating loan/financing facilities, managing legal documentation, generating repayment schedules, managing collateral, managing commercial contracts & invoice reassignments, exposure & limits management, accounting, MIS and Investor Reporting among other features. 3. tradePhlo - Customs Training and Software for International Importers and Exporters - https:/tradephlo.com/ We help SMEs globally who import or export goods to navigate the complexity around the customs processes. This is particularly important now that due to Brexit the custom rules and processes of Import/Export to EU or moving goods through Northern Ireland have significantly changed. We combine our training with continuous support provided through our opsPhlo platform to automate/digitise the customs processes.

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