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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!
EU VAT and OSS preparation for creators and small SaaS. Brings your sales from each platform into one view, applies the right VAT rate per country, and prepares quarterly OSS figures for you or your accountant to review and file.
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Which is more popular?
Based on our record, Freelancer.com
seems to be more popular. It has been mentioned
260 times
since March 2021.
social mentions
260 vs 0
Freelance Marketplace popularity
100% vs 0%
Base details
Website, pricing, platforms and company facts side by side.
Large User Base Freelancer.com has a large and diverse pool of users, making it easier to find freelancers with the specific skill sets you need.
Wide Range of Services The platform supports a wide variety of job categories, from software development to graphic design, writing, and marketing.
Budget Flexibility Employers can post projects with a specific budget range, helping them find freelancers that fit within their financial constraints.
Escrow Payment System Freelancer.com uses an escrow system to hold payments until the work is completed to the employer's satisfaction, which can protect both parties.
Global Reach Being an international platform, Freelancer.com allows employers and freelancers to work together across different time zones and regions.
Possible disadvantages
High Competition The large user base means that both employers and freelancers face stiff competition, which can make it difficult to stand out without considerable effort.
Fees and Charges Freelancer.com charges fees for both freelancers and employers, including project fees, contest fees, and membership subscriptions, which can add up.
Quality Variability Due to the open nature of the platform, the quality of freelancers can vary widely, and it may take time to find consistently high-quality professionals.
Communication Issues Working with freelancers from different regions can sometimes result in communication barriers due to language differences and time zone challenges.
Scam Risk While Freelancer.com has measures in place to detect fraud, scams and fraudulent activities can still occur, requiring users to be vigilant.
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.
Freelancer.comSplitwise
Overall verdict
Freelancer.com can be a good platform for finding freelance work or hiring freelancers, particularly if you value a wide selection of projects and the ability to connect with a global pool of talent. However, users should be mindful of the fees and competition on the site, and it's essential to carefully review potential employers or freelancers before committing to a project.
Why this product is good
Freelancer.com is a popular platform for both freelancers and employers looking for talent to complete a wide range of projects. It is known for its global reach, variety of job categories, and user-friendly interface. The platform allows freelancers to bid on projects, enabling competitive pricing and offering opportunities for freelancers to showcase their skills. Additionally, Freelancer.com provides secure payment methods and a rating system to build trust between users.
Recommended for
Freelancers looking to connect with a wide range of employers globally.
Employers seeking talent across various job categories and with different skill levels.
Individuals or businesses comfortable with a bidding system and looking for competitive project pricing.
Users who value a built-in payment protection service and user review system.
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.
Freelancer.com connects businesses with a vast pool of freelancers and operates on a project-based bidding system, where freelancers compete by submitting proposals for your project. This bidding system helps you stay...
Freelancer can offer a more cost-effective option compared to Upwork, particularly for businesses looking to save on fees. The free job posting option attracts those seeking quality freelancing services without the...
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...
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...
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....
Freelancer: Good for short-term, project-based work.
- Source: dev.to
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