Software Alternatives, Accelerators & Startups

GoToMeeting VS Splitwise

Compare GoToMeeting VS Splitwise and see what are their differences

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GoToMeeting logo GoToMeeting

GoToMeeting is a web conferencing service offering a range of services which are available on Mac, PC, iOS and Android devices.

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!
  • GoToMeeting Landing page
    Landing page //
    2018-09-30
  • Splitwise Landing page
    Landing page //
    2023-01-23

GoToMeeting features and specs

  • Ease of Use
    The platform is user-friendly, making it simple to set up and join meetings with minimal technical expertise.
  • High-Quality Video and Audio
    Offers reliable and clear video and audio quality, ensuring productive meetings without technical glitches.
  • Screen Sharing
    Enables real-time screen sharing, which is essential for presentations and collaborative work.
  • Mobile Accessibility
    Provides mobile apps for both iOS and Android, allowing users to join meetings on the go.
  • Recording Capability
    Allows users to record meetings for future reference or for individuals who missed the live session.
  • Security Features
    Includes strong security measures such as end-to-end encryption to protect data integrity and confidentiality.
  • Integrated Chat
    Facilitates seamless communication with an integrated chat feature during meetings.
  • Scheduling Tools
    Offers integrated scheduling tools that sync with calendar applications, providing scheduling convenience.

Possible disadvantages of GoToMeeting

  • Price
    Can be relatively expensive, especially for small businesses or teams with limited budgets.
  • Limited Free Plan
    Offers limited features in the free plan, pushing users towards paid plans to access full functionality.
  • Learning Curve for Advanced Features
    While the basic functions are simple, some advanced features have a steeper learning curve.
  • Internet Dependency
    Reliance on a stable internet connection means potential issues if users have poor connectivity.
  • Occasional Lag
    Users have reported occasional lag or delays, particularly in larger meetings with many participants.
  • Software Updates
    Frequent updates can sometimes disrupt service or require users to adjust to new UI changes.
  • Limited Third-Party Integrations
    Compared to some competitors, GoToMeeting has fewer integrations with third-party applications.

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 GoToMeeting

Overall verdict

  • GoToMeeting is generally considered a reliable and user-friendly video conferencing tool, particularly for business and professional settings.

Why this product is good

  • GoToMeeting offers a range of features such as high-quality video and audio, screen sharing, meeting recording, and integrations with various business tools. It is designed to provide a seamless experience for users, with its intuitive interface and robust performance. Additionally, its emphasis on security and privacy makes it a preferred choice for many organizations.

Recommended for

  • Businesses and organizations seeking a professional-grade video conferencing solution.
  • Teams that require frequent online meetings with screen sharing and collaboration features.
  • Remote workers and freelancers who need a reliable platform for virtual meetings.
  • Educational institutions conducting online classes or webinars.

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.

GoToMeeting videos

GoToMeeting - Getting Started with the New GoToMeeting

More videos:

  • Review - GoToWebinar GoToMeeting Review With James Schramko
  • Review - GoToMeeting - In-Session Experience
  • Review - GoToMeeting Review: Top Features, Pros and Cons, and Alternatives
  • Review - GoToMeeting Review: Great communication Tool

Splitwise videos

Splitwise - iPhone App Review! [2020]

More videos:

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

Category Popularity

0-100% (relative to GoToMeeting and Splitwise)
Communication
100 100%
0% 0
Personal Finance
0 0%
100% 100
Video Conferencing
100 100%
0% 0
Expense Tracking
0 0%
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 GoToMeeting and Splitwise

GoToMeeting Reviews

Top 10 Webex alternatives in 2024
GoToMeeting is a simplified collaboration tool with multichannel abilities, such as voice, video, in-session chat, etc. It is appropriate for businesses that are exploring tools for video conferencing, sales calls, demos, teleconferencing, etc. GoToMeeting integrates seamlessly with popular third-party tools like Microsoft Office 365, Salesforce, and others.
Source: www.rocket.chat
6 Webex Alternatives You Can Switch to in 2022
GoToMeeting is so much more than a tool that enables video chat and video meetings. It comes with the support for multiple devices and packs some of the must-have features such as screen sharing. When it comes to advanced features, you will be happy to find out that you can set a PIN code for a participant to enter to join a video conference. Here is a more in-depth look...
Source: www.stork.ai
Necessary Tools For Effective Work In a Remote Team
In addition to the well-known Zoom and Skype, we recommend trying GoToMeeting โ€” a service designed specifically for remote teams. This program for remote work (app for remote work) offers screen sharing, and unlimited entries, it is fast to use and does not require downloading files.
7 Zoom Alterยญnaยญtives for Video Conยญferยญencยญing and Remote Meetings
GoToMeeting is another fantastic tool that enables collaborations and communication seamlessly via the internet in real-time. It is one of the simplest video conferencing, screen sharing, and online meeting solutions.
10 Best Skype Alternatives For Making Free Calls Online
GoToMeeting sure does not sound like an encouraging name for something that will help to do voice and video chatting with others but youโ€™ll definitely change your impression once you start using it. In addition to multi-platform support, it has been rated by critics as the best possible video conferencing service available, if not for one gripe. You can use the service for a...
Source: twitgoo.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...
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 GoToMeeting and Splitwise, you can also consider the following products

Zoom - Equip your team with tools designed to collaborate, connect, and engage with teammates and customers, no matter where youโ€™re located, all in one platform.

Tricount - Manage and share expenses with friends

WebEx - Cisco WebEx Web Conferencing, Online Meetings, Desktop Sharing, Video Conferencing

Splid - Splid helps friends manage their money.

join.me - Instant screen sharing. Instant Aha!

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