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!
Organize purchase receipts, track warranty deadlines, and download a searchable offline copy with your photos and PDFs.
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Which is more popular?
Based on our record, 15Five
seems to be more popular. It has been mentioned
2 times
since March 2021.
social mentions
0 vs 2
Personal Finance popularity
100% vs 0%
Base details
Website, pricing, platforms and company facts side by side.
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.
Employee Feedback 15Five allows employees to provide regular feedback, fostering open communication and addressing issues promptly.
Performance Tracking The platform helps track and evaluate employee performance, aiding in goal-setting and performance reviews.
Engagement Insights 15Five offers insights into employee engagement levels, helping leaders to identify and address areas requiring improvement.
User-Friendly Interface The software is designed with a user-friendly interface, making it easy for employees and managers to navigate and use the tools available.
Integration Capability 15Five integrates with various tools like Slack, Salesforce, and G Suite, allowing for seamless workflow integration.
Employee Engagement Emplify helps organizations measure employee engagement through surveys and provides actionable insights to improve workplace culture.
Data-Driven Insights The platform utilizes data analytics to identify trends and areas for improvement, helping organizations make informed decisions.
Customizable Surveys Users can tailor feedback surveys to suit their specific needs, ensuring they gather relevant information for their organization.
Consultative Support Emplify offers expert guidance and support to help organizations interpret data and implement changes effectively.
Possible disadvantages
Cost The pricing can be high for small businesses or startups with limited budgets.
Learning Curve Some users may find a learning curve initially, especially if they are not familiar with similar performance management tools.
Customization Limitations There may be limitations in terms of customization to fit specific organizational needs or unique workflows.
Reporting Features Some users have noted that the reporting features can be limited or less flexible compared to other dedicated reporting tools.
Mobile Experience The mobile application does not offer all the features available on the desktop version, which might be inconvenient for on-the-go users.
Implementation Time Setting up and fully utilizing the Emplify platform can take some time, which may be a drawback for organizations looking for quick solutions.
Dependence on User Participation The effectiveness of the platform heavily relies on employee participation in surveys, which can be variable.
Complexity of Data For organizations without a dedicated HR or data analytics team, interpreting the detailed data and insights may be challenging.
Analysis
An editorial look at what each product does well and who it suits.
Splitwise15Five
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.
Overall verdict
15Five is generally considered a strong choice for organizations looking to enhance their performance management processes. Its focus on continuous feedback and alignment with organizational goals makes it beneficial for promoting employee engagement and development.
Why this product is good
15Five is a performance management platform designed to improve employee engagement and productivity through continuous feedback, OKRs (Objectives and Key Results), and performance reviews. It's known for its user-friendly interface, comprehensive features, and ability to foster a positive workplace culture. The platform encourages regular check-ins and communication between employees and managers, helping to identify issues early and facilitate personal and professional growth.
Recommended for
Small to medium-sized businesses looking to improve their performance review processes.
Organizations aiming to create a culture of continuous feedback and communication.
Managers seeking tools to set and track goals, support employee development, and increase engagement.
Remote or hybrid teams needing a platform to facilitate regular check-ins and updates.
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....
The best-designed review cycle fails if managers skip it. Look at the cadence each tool builds: weekly check-ins (15Five), monthly 1:1s with shared written records (Sageo), messaging-native nudges (Peoplebox), or...
15Five publishes three plans, priced per user per month with annual billing: Engage at $4, Perform at $11, and Total Platform at $16, plus paid add-ons such as compensation at $9 per user. Checked against...
While 15Five is a widely recognized performance management tool known for its user-friendly interface and comprehensive features, companies might seek alternatives for several reasons. Some organizations may find that...
15Five | Remote: US, Poland, & Ukraine | Full-time | https://15five.com Multiple engineering and design roles, all fully remote: - Remote: Poland or Ukraine - Backend Engineer:...
- Source: Hacker News
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over 5 years ago
Migrating to Terraform: a retrospective
At 15Five we migrated to Terraform in 8 months with a 3-person team. It went smoothly and gave us more confidence in our AWS infrastructure. When it came to setup a new VPC for a customer, the hours we invested returned to us in a speedy...
- Source: dev.to
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over 6 years ago
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