Reconciliation and audit-evidence generator pulling trade and holdings data from investment platforms to produce ATO-compliant capital-gains reports and audit trails; sold to SMSF accountants and auditors. · Compliance Automation Software
DEAD SLOW · CAUTIOUS
6.2 ShipScore / 10
Strongest: need in a mandated audit category; weakest: Australia-only SMSF scale.
Condition: Three SMSF audit firms pay for a paid pilot and their platform data feeds reconcile without manual cleanup.
Part I — The Verdict what the instruments read
01 — The ShipScore breakdown
Control
6
C6 — direct firm sales, but broker/platform data feeds are fragile dependencies.
Entry barriers
6
E6 — no strengthening incumbent tracked; ATO rules and feeds give moat path.
T7 — SaaS, but accountant onboarding and feed mapping stay manual.
Scale
5
S5 — capped at Australian SMSF auditors and accounting firms only.
What the five commandments measure
C — Control
Do you own the customer, or does a gatekeeper stand between you and revenue?
E — Entry
How hard is this to copy once it works? A rival's existence isn't the question — the durability of their advantage is.
N — Need
Is demand proven with money rather than vibes?
T — Time
Can income detach from your hours, or did you buy yourself a job?
S — Scale
How far does it reach without linear cost?
Scored on the evidence below, against CENTS as we've adapted it plus a Buffett-style moat reading of every rival — the same referee for every idea, including the ones we generate ourselves. The verdict follows the arithmetic: we never relabel a score to make it read better, and the weakest commandment is always named. The exact rubric stays in-house so the scale can't be written for.
02 — The pace test — $1M/yr
At $249/mo (assumed category price), you need 335 subscribers for a $1M/yr pace.
CBT AI / ZUUZ — $8k verified MRR in adjacent compliance automation; could extend into SMSF reporting.
Sharesight — Established AU CGT/portfolio reporting brand already used by accountants; adding audit trails is incremental.
04 — Demand evidence
Two tracked rivals with verified revenue: TradingBox Pro $15k MRR, ZUUZ $8k MRR.
Zero tracked rivals stalled under $2k MRR — no evidence of a dead lane.
X chatter shows Sharesight and Summ publishing ATO CGT/reconciliation content, indicating buyer interest.
Direct demand evidence is thin: no Reddit signals and near-zero X complaints on audit-trail/CGT reconciliation.
05 — Risks
Australian SMSF admin is dominated by entrenched suites (BGL, Class) with existing feed networks.
Platform/broker data access may require partnerships or brittle scraping.
Auditor buying cycles are slow, seasonal and price-sensitive; small firm count caps ARR.
ATO or auditing-standard changes force continual re-certification work.
06 — Kill switches — what kills this with one decision
Investment platform / broker data feeds — One provider revoking API or file access breaks core reconciliation for many clients.
Incumbent SMSF ledger suites (BGL/Class-type) — Bundling equivalent audit-evidence output free removes any reason to buy standalone.
ATO / auditing standard revision — Changed evidence requirements invalidate generated reports until costly rebuild ships.
Part III — The Plan if you insist on proceeding
07 — What this scan can't tell you
Cannot verify whether SMSF auditors will pay separately from their existing ledger software.
No visibility into actual data-feed licensing terms or costs from AU platforms.
Corpus tracks no direct SMSF audit competitor, so incumbent strength is unmeasured here.
Scores judge the market and business model — not your ability to execute. Verified MRR = independently tracked revenue; reviews/upvotes = platform-reported. Judged 2026-08-31.
08 — The wedge & the next step
Own the auditor's evidence file — one-click ATO-defensible CGT and holdings audit trail that ledger suites don't produce.
Cheapest next step: Cold-call ten SMSF audit firms this week with a sample generated evidence pack and ask for a paid pilot.
Not quite it? Spin the model
Business-model variations of this idea, engineered to beat 6.2 — different vertical, audience, model, or wedge. Same harsh scale. Pro feature.
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Close — but conditional. Every morning the engine files one mined gap, scored on the same harsh scale as this one. Free at 7am AEST, unedited.
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