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Everlance VS Splitwise

Compare Everlance VS Splitwise and see what are their differences

Everlance

The #1-rated mileage and expense tracking app

Everlance Landing page
Rating
0 reviews
Pricing
Freemium Free trial $5 / Monthly (Unlimited Mileage Tracking)
Alternatives Is it good?
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!

Splitwise Landing page
Rating
0 reviews
Alternatives Is it good?
Lucris
Financial decision-making for Shopify brands, connecting sales and marketing to show what drives profit - and what to do next. sponsored

Which is more popular?

Mileage Tracking popularity
100% vs 0%
alternatives listed
102 vs 240+

Base details

Website, pricing, platforms and company facts side by side.

Everlance
Splitwise
Website everlance.com splitwise.com
Pricing
Freemium Free trial $5 / Monthly (Unlimited Mileage Tracking) Official pricing
—
Platforms
iOS Android Web
—
Listed in
Travel Expense Management Mileage Tracking Expense Tracking Expense Management And Reporting +1
Personal Finance Expense Tracking Bill-Splitting Apps Finance +1

About Everlance and Splitwise

In their own words, as submitted to SaaSHub.

Everlance
Splitwise

Everlance is the modern mileage and expense management platform. We help businesses and independent workers save time and money with easy-to-use financial tools. Launched in 2015, our mileage and expense tracker has over 1 million users, a #1 rating in the App Store and a feature by Apple as one...

Read more about Everlance

No description of Splitwise yet.

Features and specs

What each product offers, as listed by its team.

Everlance 4 features
Splitwise 7 features
  • Mileage Tracking
  • Cents Per Mile (CPM) Reimbursement
  • Fixed and Variable Rate (FAVR) Reimbursement
  • Expense Management
  • 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

  • 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

An editorial look at what each product does well and who it suits.

Everlance
Splitwise

Overall verdict

  • Overall, Everlance is considered a good solution for those who need effective mileage and expense tracking. Its automated features and ease of use generally receive positive feedback from its user base.

Why this product is good

  • Everlance is a popular app for freelancers, independent contractors, and small business owners who need a reliable solution for tracking mileage and expenses. Its user-friendly interface, automatic tracking capabilities, and comprehensive reporting tools make it an attractive choice for users looking to streamline their expense management. The ability to integrate with accounting software and export data easily adds to its appeal.

Recommended for

    Freelancers, independent contractors, small business owners, and anyone in need of a reliable and hassle-free system for tracking mileage and managing expenses efficiently.

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.

Videos

Walkthroughs and reviews on video.

Everlance 3 videos + Add
Splitwise 3 videos + Add

Everlance Review: The Best App For Uber and Lyft Expense Tracking

More videos

  • Review - Everlance review: Excellent Mileage & Expense Tracker
  • Review - Doordash + Everlance: Why you should be tracking your delivery mileage for taxes.

Splitwise - iPhone App Review! [2020]

More videos

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

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Everlance
Splitwise
100% 100%
Mileage Tracking
0% 0%
0% 0%
Personal Finance
100% 100%
9% 9%
Expense Tracking
91% 91%
100% 100%
Accounting & Finance
0% 0%

User comments

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Everlance no reviews yet
Splitwise no reviews yet

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