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!
Net worth tracker for people who own assets through LLCs, trusts or rentals
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Which is more popular?
Based on our record, FormKeep
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%
alternatives listed
240+ vs 118
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.
Ease of Use FormKeep offers a user-friendly interface that simplifies the process of setting up and managing forms. It requires minimal technical knowledge, making it accessible to a broad range of users.
Third-Party Integrations FormKeep supports a variety of third-party integrations such as Zapier, which allows users to connect their forms to other apps and tools, enhancing its functionality.
Spam Protection The platform includes built-in spam protection to help eliminate unwanted submissions, ensuring that data collected is clean and relevant.
Customizability FormKeep provides options for custom form designs and notifications, allowing users to tailor the forms to their specific needs and branding.
Form Security The service offers robust security measures, including SSL encryption, to ensure that submitted data is protected.
API Access FormKeep provides API access, which allows developers to customize and extend the functionality of the service as needed.
Possible disadvantages
Pricing FormKeep is a paid service and can become expensive, especially for users requiring advanced features or collecting a high volume of submissions.
Limited Free Plan The free plan is quite limited, offering a very restricted number of form submissions and features, which may not be sufficient for many users.
Static Form Requirement Forms need to be static HTML, which can be a drawback for users looking to embed forms dynamically or those using certain website builders.
Learning Curve for Advanced Features While basic use is straightforward, leveraging more advanced features and custom integrations may pose a learning curve for some users.
No Built-In Analytics FormKeep does not offer built-in analytics tools, so users will need to rely on third-party services to track form performance and submission data.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseFormKeep
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.
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....
Formkeep.com (https://formkeep.com)
The management application for this platform is possibly the most extensive of all the services reviewed there, but at the same time it is also the hardest and most confusing to use. When setting up...
- Source: dev.to
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over 5 years ago
Just got my portfolio up. Would really appreciate some feedback.
I’m going to set up a back end for it soon when I learn Node, but for now I’m just using https://formkeep.com/ which works but is not ideal.
Source:
over 5 years ago
Alternatives to Splitwise and FormKeep
When comparing Splitwise and FormKeep, you can also consider the following products.
Tricount
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