Software Alternatives & Startups

Splitwise VS BillOut App

Compare Splitwise VS BillOut App and see what are their differences

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!

Rating
0 reviews
BillOut App

Simply track your bills and receive a notification on the due date. With BillOut - Bill Reminder App you will never miss a bill again.

Rating
5.0 · 2 reviews
Pricing
Freemium Free trial $7.99 / One-off

Which is more popular?

Personal Finance popularity
98% vs 2%
alternatives listed
240+ vs 15

Base details

Website, pricing, platforms and company facts side by side.

Splitwise
BillOut App
Website splitwise.com billout.app
Pricing —
Freemium Free trial $7.99 / One-off Official pricing
Platforms —
iOS Android
Company — Startup from Australia · 1 - 9 employees · 2021
Listed in

About Splitwise and BillOut App

In their own words, as submitted to SaaSHub.

Splitwise
BillOut App

No description of Splitwise yet.

BillOut provides you with a way to keep track of all your bills in just one place. Create a bill in minutes and start receiving a notification when the bill is due. Ever wonder what represents the total amount of all your bills between two salaries? BillOut - Bill Reminder App will give you this...

Read more about BillOut App

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
BillOut App 5 features
  • 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.
  • User-Friendly Interface
    The BillOut App features a clean and intuitive interface, making it easy for users to navigate and manage their bills efficiently.
  • Automated Bill Tracking
    The app automatically tracks due dates and sends reminders, reducing the risk of late payments and providing peace of mind for users.
  • Comprehensive Analytics
    BillOut offers detailed analytics to help users understand their spending patterns and make informed financial decisions.
  • Secure Payment Options
    The app includes multiple secure payment options to facilitate easy and safe transactions directly through the platform.
  • Multi-Platform Support
    It supports various devices, allowing users to access their information and manage their bills on-the-go from both mobile and web platforms.

Analysis

An editorial look at what each product does well and who it suits.

Splitwise
BillOut App

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.

No analysis of BillOut App yet.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
BillOut App 0 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

No BillOut App videos yet. You could help us improve this page by suggesting one.

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Splitwise
BillOut App
98% 98%
2% 2%
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%

User comments

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Splitwise no reviews yet
BillOut App 5.0 · 2 reviews

View more

  • I highly recommend this app !!
    SaaSHub review
    · Feb 2022

    I ve been using the app for some time now and I m super happy with it. I like how easy I can add / remove bills or share them. I have finally an organised overview of all my invoices. Not only I get automatically...

  • One of my favourite apps!
    SaaSHub review
    · Jan 2022

    Love the BillOut app, I use it pretty much every day to update my bills and understand where we're up to in the month. My favourite feature is the shared bill reminder, you can share bills with anyone and be...

Alternatives to Splitwise and BillOut App

When comparing Splitwise and BillOut App, you can also consider the following products.