Proof of Usefulness Report

Wells Group of New York

Analysis completed on 2/2/2026

+260
Proof of Usefulness Score
Gaining Momentum

Wells Group of New York is a verifiable, established professional services firm (founded 2010, ~30-55 employees), which indicates significant business viability and revenue traction. However, as a submission for a 'Technology Project', it scores poorly on innovation and technical scalability. The submission quality was extremely low, containing clearly false claims (e.g., 'most people have used my product') and generic data. The score reflects the solid real-world utility of the service business, penalized heavily for lack of technical novelty and poor evidence quality.

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Score Breakdown

Real World Utility+13.0
Audience Reach Impact+1.5
Technical Innovation+0.38
Evidence Of Traction+6.25
Market Timing Relevance+6.0
Functional Completeness+0.25
Subtotal+273.8
Usefulness Multiplierx0.95
Final Score+260

Project Details

Project URL
Description
We offer outsourced finance (CFO) and accounting (Controller) services. Finance support includes forecasting, monthly FP\u0026A (e.g. Forecast vs. Actuals), strategic finance/analysis, advisory on fundraises and debt raises, preparation of Board and investor materials, and cash management. Accounting includes financial reporting, accounts payable, accounts receivable, and audit support.

Algorithm Insights

Market Position
Growing utility with room for optimization
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