Software Alternatives, Accelerators & Startups

Sketch VS Splitwise

Compare Sketch VS Splitwise and see what are their differences

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Sketch logo Sketch

Professional digital design for Mac.

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!
  • Sketch Landing page
    Landing page //
    2023-10-20
  • Splitwise Landing page
    Landing page //
    2023-01-23

Sketch

Website
sketch.com
Release Date
2010 January
Startup details
Country
The Netherlands
State
Zuid-Holland
City
The Hague
Founder(s)
Emanuel Sรก
Employees
10 - 19

Sketch features and specs

  • User Interface
    Sketch has a clean and intuitive user interface that is easy to navigate, which makes it accessible for both beginners and advanced users.
  • Design Tools
    Provides robust vector editing tools and a wide range of design features, making it versatile for various kinds of digital design work.
  • Plugins Ecosystem
    Offers a rich ecosystem of plugins that enhance functionality and can be customized to fit specific needs.
  • Community and Resources
    There is a strong community of designers using Sketch, which means plenty of tutorials, resources, and shared assets are available.
  • Symbol and Reuse
    Supports symbols and reusable design components, making it efficient for maintaining consistency across a design project.
  • Performance
    Generally performs well even with complex design files, as it is optimized for the Mac environment.

Possible disadvantages of Sketch

  • Mac-only
    Sketch is available only on macOS, limiting its accessibility to users on other platforms such as Windows or Linux.
  • Learning Curve
    While the interface is intuitive, mastering Sketch's full suite of tools and features can still take some time.
  • Pricing
    Sketch requires a subscription or one-time payment, which can be a consideration for freelancers or small teams with limited budgets.
  • Collaboration
    Real-time collaboration features are not as advanced as some of its competitors, which can pose challenges for team-based projects.
  • Compatibility
    Because it uses its own file format, working cross-platform or with non-Sketch users can present challenges, requiring conversion tools or additional steps.
  • Limited Prototyping
    While it offers some prototyping functionality, it is not as robust as tools specifically designed for prototyping such as InVision or Figma.

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 Sketch

Overall verdict

  • Sketch is highly regarded in the design community, particularly for those working on digital interfaces. While it may not have as broad a range of features as some of its competitors, its specialization in UI and UX design makes it an industry-standard tool for many professionals.

Why this product is good

  • Sketch is a vector graphics editor primarily used for user interface and user experience design. It is appreciated for its intuitive design, powerful features tailored for UI/UX designers, and a vibrant community with an extensive library of plugins and integrations. The software is known for its ease of use, real-time collaboration capabilities, and efficient prototyping tools, making it a go-to tool for many designers.

Recommended for

    Sketch is recommended for UI/UX designers, product designers, and digital artists who focus on app and web design. It is particularly suitable for teams that require real-time collaboration and those who benefit from using a tool with a vast ecosystem of plugins that can extend its functionality.

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.

Sketch videos

Sketch Review | Vikram | Tamil Talkies

More videos:

  • Review - Sketch vs. Photoshop: The 5 Things Sketch Can Do That Photoshop Canโ€™t
  • Review - sketch review by prashanth

Splitwise videos

Splitwise - iPhone App Review! [2020]

More videos:

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

Category Popularity

0-100% (relative to Sketch and Splitwise)
Design Tools
100 100%
0% 0
Personal Finance
0 0%
100% 100
Graphic Design Software
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 Sketch and Splitwise

Sketch Reviews

Top 6 Figma Alternatives: Prototyping and UI/UX Tools
Sketch offers 2 premium plans, Standard and Business, which start at $9 and $20 per month per editor, respectively, and include a 30-day free trial. The software is exclusively accessible for macOS, and there is no free tier, although students and educators can obtain it for free through the Sketch for Education initiative.
Source: fronty.com
10 Best Figma Alternatives in 2024
Sketch is another best Figmawith alternative and it is a professional digital design tool used for creating user interfaces and user experience designs. It is popular among designers for its simple interface, powerful features, and focus on vector-based design.
Top 10 Figma Alternatives for Your Design Needs | ClickUp
Sketch started out as a vector editing platform, and it still boasts options like shorthand math operators and effortless editing for multiple borders, making the design process easier.
Source: clickup.com
9 Best InVision Alternatives to Switch to in 2024
Available as a native Mac app, using design tools on Sketch is only available to iOS users. However, non-iOS fans can browse, inspect, and collaborate on designs using the web app.
Source: designmodo.com
Figma Alternatives: 12 Prototyping and Design Tools in 2024
Sketch is a popular design tool used by many freelancers due to its wide range of tools at your disposal. You can create artboards, animated interactions, and prototypes and preview them through the Sketch app on desktop and iOS devices.

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, Sketch seems to be more popular. It has been mentiond 3 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.

Sketch mentions (3)

  • How to make a Portfolio!?
    Start by building the PDF version, as that's easier. I use Sketch (sketch.com) for designing layout. Source: over 3 years ago
  • TurboPad Vector Illustration
    This TG-16 controller was originally drawn in Fireworks CS4 waaaaaay back in the day, but I re-drew it by hand using simple shapes and effects in Sketch and Figma. Source: almost 4 years ago
  • Starting off as a UI/UX Designer.
    Every designer has to choose their preferred design tool where they can implement their prototypes.Try Figma, Sketchand Adobe XD. These are the main tools, try each and find your favorite, as for me I love Figma(Very good in collaboration). - Source: dev.to / almost 5 years ago

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 Sketch and Splitwise, you can also consider the following products

Figma - Team-based interface design, Figma lets you collaborate on designs in real time.

Tricount - Manage and share expenses with friends

Adobe Illustrator - Adobe Illustrator is a vector graphics editor.

Splid - Splid helps friends manage their money.

Inkscape - Inkscape is a free, open source professional vector graphics editor for Windows, Mac OS X and Linux.

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