Software Alternatives & Startups

Splitwise VS Cin7

Compare Splitwise VS Cin7 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
Cin7

Cin7 allows retailers to manage all their sales channels, inventory, point of sale and supply chain in one central, cloud-based software.

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0 reviews
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Base details

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

Splitwise
Cin7
Website splitwise.com cin7.com
Pricing —
Platforms —
Windows Browser Mac OSX Shopify Magento +2
Company — Startup from New Zealand
Listed in

About Splitwise and Cin7

In their own words, as submitted to SaaSHub.

Splitwise
Cin7

No description of Splitwise yet.

Cin7 is a software-as-a-service (Saas) company headquartered in Auckland, with offices in Los Angeles. Cin7 develops and supports its own cloud-based multi inventory management software, helping multichannel retail and wholesale brands grow their business and scale to international markets. With...

Read more about Cin7

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Cin7 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.
  • Comprehensive Inventory Management
    Cin7 offers robust inventory management capabilities allowing businesses to track stock levels, orders, sales, and deliveries in real-time across multiple locations.
  • Integrations
    Cin7 integrates with various e-commerce platforms, accounting software, and other business applications, which helps in streamlining operations and improving efficiency.
  • Scalability
    The platform is scalable, suitable for businesses of different sizes, and can grow as the business expands.
  • Automated Workflows
    Cin7 provides automated workflows that can handle various business processes, reducing manual intervention and minimizing errors.
  • User-Friendly Interface
    The software offers an intuitive and user-friendly interface that makes it easier for users to navigate and manage inventory efficiently.

Possible disadvantages

  • Cost
    Cin7 can be expensive for small businesses or startups as it comes with a higher price point compared to other inventory management solutions.
  • Customization Limitations
    There might be limitations in customizing the platform to fit very specific business needs or workflows, which can be a drawback for some companies.
  • Learning Curve
    Due to its comprehensive features, there can be a steep learning curve for new users who are not familiar with inventory management software.
  • Customer Support
    Some users have reported that the customer support response time is slow and that the quality of support can vary.
  • Occasional Bugs
    Users have encountered occasional bugs and glitches within the software that can disrupt business operations temporarily.

Analysis

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

Splitwise
Cin7

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

  • Overall, Cin7 is considered a good option for businesses that require extensive inventory management capabilities and integration options. It is particularly well-received for its ability to adapt to the needs of growing businesses.

Why this product is good

  • Cin7 offers a robust inventory management system that integrates with various platforms, making it suitable for businesses seeking a comprehensive solution. It provides features such as automated workflows, real-time inventory visibility, and a wide range of integrations with ecommerce platforms, accounting software, and more. Users appreciate its scalability and ability to streamline complex operations, which makes it a popular choice for businesses looking to efficiently manage their inventory and supply chain processes.

Recommended for

    Cin7 is recommended for medium to large businesses in industries such as retail, wholesale, and manufacturing that need a comprehensive inventory management system. It is also suitable for businesses that operate in multiple channels, as its integration capabilities allow for seamless operations across different sales platforms.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Cin7 2 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

Cin7 - Overview Video - [Waypoint]

More videos

  • - Cin7 - Products (Basic) - [Waypoint]

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
Cin7
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
ERP
100% 100%

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
Cin7 no reviews yet

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