Software Alternatives, Accelerators & Startups

monday.com VS Splitwise

Compare monday.com VS Splitwise and see what are their differences

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monday.com logo monday.com

The most intuitive platform to manage projects and teamwork

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!
  • monday.com Landing page
    Landing page //
    2018-09-30

monday.com, an award-winning project management tool, helps teams plan together efficiently and execute projects that deliver results on time. Its ease of use and flexibility means fast onboarding for your team and the ability to manage your work your way. With powerful productivity features such as time tracking, automated notifications, customizable workflows, dependencies, timeline views and integrations, your team can achieve better and faster results for every project milestone.

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

monday.com

Website
monday.com
$ Details
paid Free Trial $14.0 / Monthly (per seat)
Platforms
Browser iOS Android Mac OSX Windows Chrome OS Slack Shopify
Startup details
Country
Israel

monday.com features and specs

  • User-Friendly Interface
    monday.com offers a highly intuitive and visually appealing interface that makes it easy for users to navigate and understand the workflow.
  • Customization
    The platform allows extensive customization options, including customizable templates, workflows, and automated processes to fit specific team needs.
  • Collaboration
    monday.com enhances team collaboration through features like real-time updates, mentions, and file sharing, making it easier to coordinate efforts.
  • Integrations
    monday.com supports integration with a variety of third-party applications such as Slack, Google Drive, and Zapier, providing a seamless experience with existing tools.
  • Mobile App
    A robust mobile application allows users to stay connected and manage tasks on the go, ensuring productivity even outside the office.
  • Transparency
    The platform offers clear visibility on project progress and individual tasks, enhancing accountability and keeping everyone on the same page.

Possible disadvantages of monday.com

  • Pricing
    monday.com can be relatively expensive, particularly for smaller teams or organizations. Pricing plans are based on the number of users and may become cost-prohibitive as the team grows.
  • Learning Curve
    While the interface is user-friendly, the extensive customization options might present a learning curve for new users, requiring time and training to utilize effectively.
  • Over-Engineering
    For simple project management needs, monday.com might be considered over-engineered. Smaller teams with straightforward requirements may find it overwhelming.
  • Performance
    Some users have reported occasional performance issues, including slow loading times, particularly when dealing with very large boards or data sets.
  • Limited Offline Access
    The platform requires an internet connection for full functionality, which can be a limitation for users needing to work offline.
  • Notification Overload
    The extensive notification options might lead to overload and distraction if not carefully managed, potentially affecting productivity.

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 monday.com

Overall verdict

  • Monday.com is generally considered a good choice for teams seeking a robust project management and collaboration platform. It is praised for its flexibility, user-friendly design, and ability to be tailored to different business needs, although some users find it can become costly as team size grows.

Why this product is good

  • Monday.com is a versatile project management tool which offers various features such as task management, collaboration capabilities, automation, and integration with third-party apps, making it suitable for teams looking to improve productivity and organization. It offers an intuitive interface and customizable dashboards, which help teams of all sizes efficiently manage their workflows.

Recommended for

  • Project Managers
  • Marketing Teams
  • Creative Teams
  • HR Departments
  • Small to Medium-sized Enterprises (SMEs)
  • Remote Teams

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.

monday.com videos

monday.com in 60 seconds

More videos:

  • Review - monday.com: Project Management | Review (2019)
  • Review - Everything You Can Do with monday.com!
  • Demo - Comment bien dรฉbuter avec l'outil de gestion de projet Asana ?
  • Review - Monday.com Review: Is It the Best Project Management Software for 2021?
  • Tutorial - Monday.com Tutorial for Beginners | Free All-In-One Project Management & CRM Software
  • Review - Everything you can do with monday.com
  • Review - monday.com Review 2023 | PM Software Analyst's Pros/Cons [1/3]

Splitwise videos

Splitwise - iPhone App Review! [2020]

More videos:

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

Category Popularity

0-100% (relative to monday.com and Splitwise)
Project Management
100 100%
0% 0
Personal Finance
0 0%
100% 100
Task Management
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 monday.com and Splitwise

monday.com Reviews

  1. Used monday.com for a while and while the interface is nice, I eventually found it a bit too overwhelming and expensive as projects grew.

  2. Simple and effective project tool

    Monday is easy to use and helps organize tasks and projects effectively. It's a useful tool for team collaboration.

    ๐Ÿ Competitors: Trello
    ๐Ÿ‘ Pros:    Easy to use|Excellent features
  3. itsemilywalker01@gmail.com
    ยท Business Analyst at Payworks ยท
    User-centric solution with extensive capabilities

    We had a great experience using Monday.com. From task and project management to managing resources, this powerful tool is packed with many flexible features. The clean user interface saves us from hosh posh, allowing us to track teams, share files, and collaborate effectively. It's good for small businesses, but can be difficult to track for larger teams.

    ๐Ÿ Competitors: Asana
    ๐Ÿ‘ Pros:    User friendly interface|Faster loading speed|Easy to use|Easy to track data|Collaborate|File sharing|Customization and flexibility
    ๐Ÿ‘Ž Cons:    Inbox spamming|Difficult to track for larger teams|Limited customer support

6 Best Jira Alternatives | 25+ Personally Tested Apps (2026)
Task management features: During my Monday.com review, I realized how easy it is to add and assign tasks to others. The task creation is smooth. Monday allows us to prioritize tasks, adding status, owner, timeline, and more. It is also great that you can create more columns for effective task tracking. Furthermore, you can customize the label or create your own. After...
The Top 7 ClickUp Alternatives You Need to Know in 2025
OverviewMonday.com is renowned for its visually appealing interface and customizable workflows. It provides a robust project management solution that allows teams to visualize their tasks through colorful boards and Gantt charts.
Top 10 Notion Alternatives for 2025 and Why Teams Are Choosing Ledger
Monday offers detailed views and automation for teams managing repeatable workflows. While powerful for ops-heavy teams, it can feel rigid or overwhelming for teams that need creative space and flexibility.
Top 12 Online Collaboration Tools for Smart Working
Monday.com is one of the best tools for fostering teamwork, transparency, and clarity. It enables you to oversee your teamโ€™s tasks while creating workflows and tracking progress.
Source: niftypm.com
25 Best Asana Alternatives & Competitors for Project Management in 2024
Next on the list of Asana alternatives is Monday.com, an intuitive project management platform that allows team members to collaborate, communicate and manage projects. It features a range of powerful project management features designed to help teams stay organized and on track, such as user-friendly dashboards that provide real-time visibility into the project progress,...
Source: clickup.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,...

Social recommendations and mentions

Based on our record, monday.com seems to be more popular. It has been mentiond 338 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.

monday.com mentions (338)

  • The 12 Best AI Tools for Project Management in 2025
    Monday.com combines automation with AI planning to streamline project operations. - Source: dev.to / 12 months ago
  • Defect Management Tools List for 2025 (Free, Paid, & Open Source)
    17. Monday.com (Paid) Monday.com is a versatile work operating system that includes robust project and defect management features. It is ideal for teams seeking a highly customizable platform. - Source: dev.to / over 1 year ago
  • Navigating the Software Developer Life: Soft Skills, AI Tools, and Team Dynamics
    Project Management: AI-driven project management tools like Jira and Monday.com help in tracking progress, managing tasks, and predicting project timelines. - Source: dev.to / almost 2 years ago
  • Growing from Junior to Senior Designer: How to Climb the Career Ladder
    Some tools that I would use to stay organized include Jira, monday.com, Notion, or Trello. Each has its own advantages. Personally, I use monday dev. It lets you keep track of all your projects and tasks in one place and collaborate with your team in real time. - Source: dev.to / over 2 years ago
  • PM Software for only managers
    With the newer, online work management tools that have project management features (ClickUp, Monday.com, etc.), several have free versions and you have the ability to create a custom field that you can use for the assignee, ignoring the built-in field that requires a licensed user or guest. Source: over 2 years 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 monday.com and Splitwise, you can also consider the following products

Asana - Asana project management is an effort to re-imagine how we work together, through modern productivity software. Fast and versatile, Asana helps individuals and groups get more done.

Tricount - Manage and share expenses with friends

ClickUp - ClickUp's #1 rated productivity software is making more productive projects with a beautifully designed and intuitive platform.

Splid - Splid helps friends manage their money.

Basecamp - A simple and elegant project management system.

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