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Cin7 VS Splitwise

Compare Cin7 VS Splitwise and see what are their differences

Kechie
Kechie Inventory Management featured
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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

Cin7 logo Cin7

Cin7 allows retailers to manage all their sales channels, inventory, point of sale and supply chain in one central, cloud-based software.

Splitwise logo Splitwise

Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone, and Android!
  • Cin7 Landing page
    Landing page //
    2023-09-12

Cin7 is a software-as-a-service (Saas) company headquartered in Auckland, with offices in Los Angeles. Cin7 develops and supports its own cloud-based multi inventory management software, helping multichannel retail and wholesale brands grow their business and scale to international markets. With real-time visibility, customizability, and reporting for efficient inventory control across the supply chain, Cin7 stands for โ€œConnected Inventory.โ€

Cin7โ€™s ever-evolving product features 450+ integrations, including Amazon Seller, Vendor, and FBA, eBay, Walmart Marketplace, Salesforce, Xero, QuickBooks, and Intuit. Built-in features include warehouse management, point of sale (POS), electronic data interchange (EDI), production (light manufacturing), omnichannel, B2B eCommerce and multi-entity functionality plus robust automation, all at a fraction of the cost of a full ERP. Cin7 is also known for its extensive knowledge base and outstanding in-house customer support through onboarding and beyond. Our expanded offerings now include Google Shopping and digital marketing services.

Launched in 2012, Cin7 is among the top 5 percent of the worldโ€™s fastest-growing SaaS companies, with more than 1,600 customers and 14,000+ users worldwide. Key industries served by Cin7 include fashion apparel, food, and beverage, beauty, electronics, and homeware. Cin7 will open a London office in November 2019 and was ranked in Capterraโ€™s Top 20 Retail Management Systems Software list for 2019.

  • Splitwise Landing page
    Landing page //
    2023-01-23

Cin7 features and specs

  • Comprehensive Inventory Management
    Cin7 offers robust inventory management capabilities allowing businesses to track stock levels, orders, sales, and deliveries in real-time across multiple locations.
  • Integrations
    Cin7 integrates with various e-commerce platforms, accounting software, and other business applications, which helps in streamlining operations and improving efficiency.
  • Scalability
    The platform is scalable, suitable for businesses of different sizes, and can grow as the business expands.
  • Automated Workflows
    Cin7 provides automated workflows that can handle various business processes, reducing manual intervention and minimizing errors.
  • User-Friendly Interface
    The software offers an intuitive and user-friendly interface that makes it easier for users to navigate and manage inventory efficiently.

Possible disadvantages of Cin7

  • Cost
    Cin7 can be expensive for small businesses or startups as it comes with a higher price point compared to other inventory management solutions.
  • Customization Limitations
    There might be limitations in customizing the platform to fit very specific business needs or workflows, which can be a drawback for some companies.
  • Learning Curve
    Due to its comprehensive features, there can be a steep learning curve for new users who are not familiar with inventory management software.
  • Customer Support
    Some users have reported that the customer support response time is slow and that the quality of support can vary.
  • Occasional Bugs
    Users have encountered occasional bugs and glitches within the software that can disrupt business operations temporarily.

Splitwise features and specs

  • User-Friendly Interface
    Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
  • Multi-Platform Availability
    Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
  • Expense Tracking
    The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
  • Flexible Split Options
    Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
  • Currency Conversion
    Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
  • Bill Reminders
    The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
  • Integration with Payment Platforms
    Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.

Possible disadvantages of Splitwise

  • Privacy Concerns
    Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
  • Subscription-Based Features
    Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
  • Manual Entry Requirement
    Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
  • Limited Automatic Reconciliation
    While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
  • Dependency on Group Honesty
    The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
  • Potential for Confusion
    The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.

Analysis of Cin7

Overall verdict

  • Overall, Cin7 is considered a good option for businesses that require extensive inventory management capabilities and integration options. It is particularly well-received for its ability to adapt to the needs of growing businesses.

Why this product is good

  • Cin7 offers a robust inventory management system that integrates with various platforms, making it suitable for businesses seeking a comprehensive solution. It provides features such as automated workflows, real-time inventory visibility, and a wide range of integrations with ecommerce platforms, accounting software, and more. Users appreciate its scalability and ability to streamline complex operations, which makes it a popular choice for businesses looking to efficiently manage their inventory and supply chain processes.

Recommended for

    Cin7 is recommended for medium to large businesses in industries such as retail, wholesale, and manufacturing that need a comprehensive inventory management system. It is also suitable for businesses that operate in multiple channels, as its integration capabilities allow for seamless operations across different sales platforms.

Analysis of Splitwise

Overall verdict

  • Splitwise is a highly effective tool for managing shared expenses, especially if frequent splitting of costs is involved. Its features make it easy to track who owes what, and its automatic calculations save time and reduce errors.

Why this product is good

  • Splitwise is popular because it simplifies sharing and tracking expenses among groups, making it ideal for roommates, friends on trips, or any group spendings.
  • It automatically calculates balances and reminds users about payments, reducing the awkwardness of asking others for money.
  • Offers a user-friendly interface both on web and mobile apps, which makes managing expenses convenient and accessible.
  • Supports multiple currencies, which is great for international travel groups.
  • Integration with payment platforms like PayPal and Venmo for easy settlement of debts.

Recommended for

  • Roommates who need to regularly split household bills and expenses.
  • Groups of friends or families who often travel together and need to manage shared travel costs.
  • Colleagues or classmates working on projects or events that require shared funding.
  • Anyone who wants to avoid the hassle of manually tracking and settling shared expenses.

Cin7 videos

+ Add

Cin7 - Overview Video - [Waypoint]

More videos:

  • Review - Cin7 - Products (Basic) - [Waypoint]

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

  • Review - Tricount vs Splitwise - App comparison
  • Demo - Splitwise Demo

Category Popularity

0-100% (relative to Cin7 and Splitwise)

Cin7

Splitwise

Inventory Management
100 100%
Inventory Management
0% 0
Personal Finance
0 0%
Personal Finance
100% 100
ERP
100 100%
ERP
0% 0
Expense Tracking
0 0%
Expense Tracking
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Cin7 and Splitwise

Cin7 Reviews

Best Inventory Management Software for Wholesalers in 2026
Cin7 is a capable platform with broad functionality across retail, e-commerce, and wholesale channels. The challenges for wholesale-focused operations: Cin7 is designed for businesses that sell across multiple channels, not businesses that are wholesale-only. Pricing is quote-based, making it difficult to evaluate without going through a sales process. Implementation tends...
Source: www.inventorysalescloud.com
9 Small Business Inventory Management Software
Cin7 breaks this cycle by offering built-in modules that come standard with your plan. Along with the POS system, Cin7 has all the options of B2B eCommerce features, manufacturing features, and a payment portal.
Source: www.zarmoney.com
Best Inventory Management Software of 2020
By facilitating over 450 integrations, Cin7 connects users to services, platforms and sales channels that provide real time views of sales, purchase, and stock level data. Users can track incoming stock, component stock, stock-on-hand, open-to-sell, on-hold/reserved inventory, and faulty stock. The system provides granular product management capabilities, including batch and...
Source: digital.com

Splitwise Reviews

12 Best Bill Splitting Apps in 2023
Splitwise is among the most commonly used group payment apps that can easily keep a systematic record of all your informal debts including restaurant bills, travel expenses, cost of accommodation, and much more. With this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
Source: www.mobileappdaily.com
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
Splitwise employs an intelligent algorithm to calculate the exact amount owed by each user. It shows who paid for what, how much amount was paid by each member, and any outstanding balances. Furthermore, the application also keeps everyone updated about their balances and recent transactions.
Source: www.how2shout.com
Best Bill-Splitting Apps
For example, shared items like appetizers would be split among the entire group or just a few people in the group. The app can handily accommodate large parties by allowing you to add up to 10 people to each group. Once youโ€™ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
Source: www.thebalancemoney.com
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...
Source: www.softwaresuggest.com

What are some alternatives?

When comparing Cin7 and Splitwise, you can also consider the following products

Zoho Inventory - Zoho Inventory is an online inventory management software ideal for small businesses. Simplify your inventory and order operations. Try for FREE!

Tricount - Manage and share expenses with friends

Unleashed Software - Unleashed is powerful inventory management software. Accurately manage your inventory online, in real time, with Unleashed. Start your free trial today!

Splid - Splid helps friends manage their money.

TradeGecko - TradeGecko (now QuickBooks Commerce) is inventory management software for ecommerce and wholesalers - simplify your inventory & order operations with powerful inventory management, multichannel selling, inventory reports and more!

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

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