Software Alternatives, Accelerators & Startups

ClockShark VS Splitwise

Compare ClockShark VS Splitwise and see what are their differences

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ClockShark logo ClockShark

The simplest way to track, schedule, and manage your crew's time. Built for local construction, field service, and franchises

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!
  • ClockShark Landing page
    Landing page //
    2022-09-25

ClockShark is the leading time tracking and scheduling software built for local construction, field service and franchises that want a simpler way to track mobile employee time, run payroll quickly and accurately, and understand job costs. Over 9,500 companies and 100,000 field service and construction professionals have replaced the hassle of paper timesheets with software that makes it easier to run their business and keeps accountants happy. Don't take our word for it, start a free trial today! Click HERE and Start Tracking with ClockShark

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

ClockShark

$ Details
paid Free Trial $40 / Monthly (plus $8/mo per user (base fee includes 1 free admin))
Platforms
iOS Android

ClockShark features and specs

  • User-Friendly Interface
    ClockShark's intuitive and easy-to-navigate interface allows users to quickly learn how to use the software, reducing the training time needed for new employees.
  • Geofencing and GPS Tracking
    This feature helps monitor employee locations and ensures they are at the correct job site, improving workforce accountability and safety.
  • Seamless Integration
    ClockShark integrates with other popular software, such as QuickBooks and ADP, which simplifies payroll and accounting processes.
  • Customizable Reporting
    The platform offers advanced reporting capabilities that can be tailored to meet specific business needs, providing valuable insights into labor costs and productivity.
  • Mobile App
    The mobile app allows employees to clock in and out, view schedules, and track time from anywhere, increasing flexibility and convenience.

Possible disadvantages of ClockShark

  • Price
    Some users may find ClockShark's pricing to be higher than some competitors, which could be a potential barrier for smaller businesses.
  • Limited Offline Functionality
    While the app works well online, its limited functionality when offline can be a drawback for workers in remote areas with poor internet connectivity.
  • Feature Overlap
    Certain features may overlap with those of other software tools a company might already be using, leading to potential redundancy and underutilization.
  • Learning Curve For Advanced Features
    Although the primary interface is user-friendly, some advanced features may require additional training and time to master.
  • Customer Support
    While usually helpful, there have been occasional reports of delays in customer support response times.

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 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.

ClockShark videos

ClockShark - Mobile Time Tracking App that Eliminates Paper Sheets (2019 Version)

More videos:

  • Review - Clockshark Overview - Top Features, Pros & Cons, and Alternatives

Splitwise videos

Splitwise - iPhone App Review! [2020]

More videos:

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

Category Popularity

0-100% (relative to ClockShark and Splitwise)
Time Tracking
100 100%
0% 0
Personal Finance
0 0%
100% 100
Employee Scheduling
100 100%
0% 0
Expense Tracking
0 0%
100% 100

User comments

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Reviews

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ClockShark Reviews

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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...
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.
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...
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,...

What are some alternatives?

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

QuickBooks Time - Easily track time for effortless payroll, invoicing, and job costingโ€”without the paperwork, guesswork, or hard work.

Tricount - Manage and share expenses with friends

Harvest - Simple time tracking, fast online invoicing, and powerful reporting software. Simplify employee timesheets and billing. Get started for free.

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

Hubstaff - Integrated time tracking, productivity metrics, and payroll for your distributed team.

Splid - Splid helps friends manage their money.