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flespi VS Splitwise

Compare flespi VS Splitwise and see what are their differences

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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

flespi logo flespi

Ultimate telematics API

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!
  • flespi Landing page
    Landing page //
    2023-07-25

Flespi is a telematics and IoT platform offering a universal API to consume telemetry data from a variety of GPS tracking devices in a standardized JSON format. Flespi also serves as a one-stop device management solution that allows changing GPS tracker configuration from a single interface, regardless of the device model. On top of that, flespi features a powerful telematics data analytics capable of slicing and dicing the data based on specific business needs.

With 99.99+% uptime the flespi platform guarantees virtually uninterrupted bidirectional communication between your solution and the hardware.

To put it short, flespi helps you get the right telemetry data injected into any destination platform.

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

flespi

Website
flespi.com
Pricing URL
Official flespi Pricing
$ Details
freemium โ‚ฌ100 / Monthly
Release Date
2017 March
Startup details
Country
Belarus
City
Minsk
Employees
1 - 9
Edit details

Splitwise

Website
splitwise.com
Pricing URL
-
$ Details
-
Release Date
-
Edit details

flespi features and specs

  • REST API
  • Device management
  • Real-time telematics analytics
  • Data enrichment
  • Streaming to third-party platforms

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 flespi

Overall verdict

  • Flespi is a solid, flexible IoT/telematics platform particularly well-suited for developers and businesses needing to process data from GPS trackers and IoT devices, offering strong protocol support and a pay-as-you-go pricing model, though it requires some technical expertise to fully leverage its capabilities.

Why this product is good

  • Supports a very wide range of GPS tracker and IoT device protocols (1000+), reducing the need for custom parsing logic
  • Flexible MQTT-based API and REST API make it easy to integrate with existing systems
  • Pay-as-you-go pricing model is cost-effective for startups and scales well with usage
  • Provides real-time data processing, storage, and device management in one platform
  • Includes tools like flespi Panel for testing and debugging device connections
  • Active development and protocol updates keep pace with new device models
  • Offers webhooks, calculators, and streams for custom data transformation and routing

Recommended for

  • Fleet management and telematics companies needing multi-protocol device support
  • Developers building custom IoT/GPS tracking applications who need a flexible backend
  • Startups wanting to avoid building device communication infrastructure from scratch
  • Businesses needing to quickly onboard diverse GPS tracker hardware
  • Companies requiring real-time vehicle/asset tracking data pipelines
  • Technical teams comfortable working with APIs and MQTT rather than needing a no-code solution

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.

flespi videos

+ Add

Teltonika & flespi Webinar โ€“ Quality Telematics via API in North America

More videos:

  • Review - Use Telematcs sdk with Flespi

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 flespi and Splitwise)

flespi

Splitwise

Device Management
100 100%
Device Management
0% 0
Personal Finance
0 0%
Personal Finance
100% 100
Realtime Backend / API
100 100%
Realtime Backend / API
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 flespi and Splitwise

flespi Reviews

We have no reviews of flespi yet.
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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...
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 flespi and Splitwise, you can also consider the following products

GPSWOX - Interested in GPS tracking software? try GPS server for Free! Powerful white label tracking platform. Server software is compatible with 900+ GPS trackers.

Tricount - Manage and share expenses with friends

Navixy - White label GPS tracking & fleet management

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

GpsGate - GpsGate is a white-label fleet tracking platform you can host on-site or in the cloud. Flexible, scalable & ready to integrate. Start your free trial today!

Splid - Splid helps friends manage their money.

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