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Mattermost VS Splitwise

Compare Mattermost 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

Mattermost logo Mattermost

Mattermost is an open source alternative to Slack.

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!
  • Mattermost Landing page
    Landing page //
    2023-10-21
  • Splitwise Landing page
    Landing page //
    2023-01-23

Mattermost features and specs

  • Open Source
    Mattermost is open-source, which allows organizations to customize and extend the platform to fit their specific needs. This also means that the community can contribute to the development and improvement of the software.
  • Security
    Being self-hosted or hosted in a private cloud, Mattermost offers strong security controls, making it suitable for industries with stringent compliance requirements.
  • Flexibility
    Mattermost supports a wide range of plugins and integrations with other tools and services, providing a high degree of flexibility in customization.
  • Team Collaboration
    The platform provides comprehensive team collaboration features, including direct messages, group chats, and file sharing, which streamline communication and project management.
  • Scalability
    Mattermost is designed to handle large-scale deployments, making it suitable for enterprises with significant user bases.

Possible disadvantages of Mattermost

  • Complex Setup
    Setting up Mattermost can be complex and may require considerable time and technical expertise, particularly for self-hosted deployments.
  • Cost
    While the basic version is free, advanced features and enterprise-grade support come at a cost which can be expensive for smaller organizations.
  • Maintenance
    Self-hosting Mattermost requires ongoing maintenance, including updates and security patches, which can be resource-intensive.
  • Learning Curve
    New users may experience a learning curve due to the platform's comprehensive set of features and customization options.
  • Mobile Experience
    The mobile app, while functional, is often considered less polished and feature-rich compared to the desktop version, which might affect user experience on the go.

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 Mattermost

Overall verdict

  • Mattermost is a strong choice for teams and organizations looking for a secure, customizable, and self-hosted collaboration tool. While it may require more setup than some cloud-based alternatives, the customization and control it offers can be a significant benefit.

Why this product is good

  • Mattermost is considered a good platform for its open-source nature, which provides flexibility and control over data, making it a popular choice for organizations with specific security and compliance needs. It offers robust features for team collaboration, including messaging, file sharing, and integrations with other services. The ability to customize and extend the platform to fit unique organizational workflows is another advantage.

Recommended for

    Mattermost is recommended for organizations that prioritize data privacy and security, need extensive customization options, or are looking to integrate a collaboration tool into existing systems. It is also suitable for teams in regulated industries requiring on-premises solutions.

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.

Mattermost videos

+ Add

Mattermost - An Open Source, Self Hosted, Slack Chat Alternative

More videos:

  • Review - Demo of Mattermost Basics | Features end users love
  • Review - Getting Started with Mattermost

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 Mattermost and Splitwise)

Mattermost

Splitwise

Communication
100 100%
Communication
0% 0
Personal Finance
0 0%
Personal Finance
100% 100
Group Chat & Notifications
100 100%
Group Chat & Notifications
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 Mattermost and Splitwise

Mattermost Reviews

Top 10 Best Enterprise Instant Messaging Software [2026]
Mattermost is an open-source platform that enables safe collaboration in self-hosted chat programs featuring file sharing, search, and integrations; groups and businesses can use it as an internal chat.
Source: www.contus.com
7 best Mattermost alternatives for secure business messaging
Mattermost uses monolithic architecture, which is tightly coupled and complex to understand. It restricts the scalability of the collaboration tool, which is a limitation for growing businesses. In that case, businesses explore Mattermost alternatives that support scalability.
Source: www.rocket.chat
12 Best Self-hosted Chat Platforms For Team Communication
Below is a curated list of the 12 best self-hosted messaging apps like MirrorFly, Mattermost, Zulio, Nextcloud, and Rocket.chat that offer unique collaboration features and lets you take full control of your data.
Source: www.mirrorfly.com
10 Best Telegram Alternatives in 2024
Mattermost is the most widely used Social platforms for any companies specially IT sectors, and it serves as one of the top Telegram alternatives. Provides easy-to-setup interface with fast performance. This app is designed for file sharing, searching options and also to allow user internal chat facility. Mattermost is the alternative for telegram and microsoft teams apps.
Source: www.geeksforgeeks.org
Top 5 Voice Messaging Apps To Keep Teams Connected
Some business conversations are private and cannot be discussed on third-party servers. If you are looking for a secure app to use for your conversations, consider using Mattermost. The app is open-source where you will need to have it downloaded and installed on the servers of your company. This is one of the video messaging apps that are self-hosted. With this app, you can...
Source: www.hometownstation.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...
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

Social recommendations and mentions

Based on our record, Mattermost seems to be more popular. It has been mentiond 74 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Mattermost mentions (74)

  • Radicle: Sovereign {code forge} built on Git
    How does it compare to MatterMost [1]? [1] https://mattermost.com/. - Source: Hacker News / about 2 months ago
  • 5 Open Source Alternatives Worth Considering Before Renewing Expensive SaaS Tools
    Slack's value is real, especially for cross-company conversations with clients and vendors. But for internal communication in companies that care about data residency or audit requirements, Mattermost is a credible self-hosted alternative. The source is on GitHub and the Mattermost deployment guide covers the install on Docker, Kubernetes, and most Linux distributions. - Source: dev.to / 3 months ago
  • Anthropic, Please Make a New Slack
    For those who may have forgotten, Mattermost is quite good these days: https://mattermost.com/. - Source: Hacker News / 4 months ago
  • France dumps Zoom and Teams as Europe seeks digital autonomy from the US
    Despite their confusion as to whether they want to really support their free and open source versions (without some absurd user count cliff), Mattermost (https://mattermost.com) is quite excellent and IMO is better than Slack. For example, editor leans towards native Markdown so things like syntax highlighting with backticks work as you expect. Their recent update removed the paywall from SSO (and unfortunately... - Source: Hacker News / 5 months ago
  • Mattermost limited free version to 10000 messages
    Black businesswomen? Firefighters? White servicemen? White software developers? I really don't get what you're implying. I don't see any problem with the photos on the mattermost front page. https://mattermost.com/. - Source: Hacker News / 6 months ago
View more

Splitwise mentions (0)

We have not tracked any mentions of Splitwise yet. Tracking of Splitwise recommendations started around Mar 2021.

What are some alternatives?

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

Slack - A messaging app for teams who see through the Earth!

Tricount - Manage and share expenses with friends

Rocket.Chat - Rocket.Chat is a Web Chat Server, developed in JavaScript, using the Meteor fullstack framework.

Splid - Splid helps friends manage their money.

Telegram - Telegram is a messaging app with a focus on speed and security. Itโ€™s superfast, simple and free.

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

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