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!
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Which is more popular?
Based on our record, Conceptboard
seems to be more popular. It has been mentioned
3 times
since March 2021.
social mentions
0 vs 3
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.
Real-Time Collaboration Conceptboard allows multiple users to collaborate simultaneously on the same board, enhancing teamwork and improving productivity in remote work environments.
Visual Communication The platform supports a variety of visual communication tools, including sticky notes, shapes, text, and drawing tools, which helps to convey ideas clearly and effectively.
User-Friendliness Conceptboard offers an intuitive and easy-to-navigate interface, making it accessible for users with varying levels of technical expertise.
Integrations It integrates with popular tools like Slack, Microsoft Teams, and Google Drive, allowing seamless integration into existing workflows.
Template Library Conceptboard provides a diverse library of templates that can accelerate the setup of common use cases, such as brainstorming sessions, project planning, and agile workflows.
Possible disadvantages
Limited Free Plan The free version of Conceptboard has restrictions on the number of boards and participants, which may not meet the needs of larger teams or enterprises.
Performance Issues Users have reported experiencing lag and performance issues, particularly with large and complex boards, which can hinder productivity.
Learning Curve While the tool is generally user-friendly, some advanced features and functionalities may have a steeper learning curve for new users.
Mobile App Limitations The mobile app version of Conceptboard offers limited functionality compared to the desktop version, reducing flexibility for users who rely on mobile devices.
Dependence on Internet Connection As a cloud-based tool, Conceptboard requires a stable internet connection, which can be a drawback for users in regions with unreliable connectivity.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseConceptboard
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, Conceptboard is considered a good platform for those seeking a robust tool for collaborative work. Its intuitive interface and comprehensive feature set make it a strong choice for teams needing to coordinate projects and ideas remotely.
Why this product is good
Conceptboard is a collaborative online whiteboard tool that is particularly popular for facilitating remote teamwork and visual collaboration. It offers features such as real-time editing, digital sticky notes, video conferencing integration, and an infinite canvas, making it suitable for a variety of collaborative activities like brainstorming, project planning, and design reviews.
Recommended for
Remote teams needing real-time collaboration tools
Creative professionals who rely on visual ideation processes
Project managers who seek efficient ways to organize and manage team workflows
Educational facilitators conducting virtual workshops or classes
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....
Conceptboard is a great choice if you're looking for a whiteboard to use with a team when creating large, complex drawings like storyboards or a multi-page design revision. In addition to adding drawings, text, and...
Whether you work in marketing, product development, strategy or project planning, Conceptboard gives you the much needed virtual space to collaborate and bring ideas together. Whether you’re working on product...
Conceptboard seeks to serve the enterprise. The service lets you connect to cloud storage services, such as Box, Dropbox, and OneDrive, and, once connected, lets you insert files (e.g. Word, Excel, PowerPoint, PDFs,...
Social recommendations and mentions
Recommendations tracked on public social media and blogs since March 2021.
We used https://scrumlr.io/ and https://metroretro.io/ for quite a while, before we switched to https://conceptboard.com/.
Source:
almost 5 years ago
Playing without a VTT
Conceptboard.com I subscribed at 8$ a month because we went over the object limit once. But no one else needs to pay. Drop in pdfs or any screenshot off the net. Draw all over it. Easy peasy.
Source:
over 5 years ago
Actually Microsoft's digital collaborative whiteboard might be better than trello, although both are free. The collaborative nature and the ability to attach the documents visually would make it a pretty good fit. Tons of others out...
Source:
over 5 years ago
Alternatives to Splitwise and Conceptboard
When comparing Splitwise and Conceptboard, you can also consider the following products.
Join Millions of users that collaborate from all over the planet using Miro. Experience the power of the #1 visual workspace for innovation. More than 100M users and 250,000 companies are collaborating on the canvas.
Stormboard empowers data-driven companies to turn their unstructured whiteboards into data-rich collaborative workspaces; enabling data-driven decisions and efficient processes — often eliminating the need for meetings entirely.
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