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!
GilFlow is smart cash flow management for individuals and teams — track income, expenses, subscriptions, and cash flow across every workspace, on the web and on Android.
sponsored
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.
Which is more popular?
Based on our record, Gusto
seems to be more popular. It has been mentioned
18 times
since March 2021.
social mentions
0 vs 18
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.
User-Friendly Interface Gusto offers an intuitive and easy-to-use interface which simplifies payroll processing and HR management for businesses of all sizes.
Comprehensive HR Tools The platform provides a wide range of HR tools, including benefits administration, time tracking, and compliance assistance, helping businesses manage their workforce effectively.
Automated Payroll Processing With Gusto, payroll processing is automated, reducing the likelihood of errors and saving time for HR departments.
Employee Self-Service Employees can access their payslips, tax documents, and benefits information directly through Gusto, improving transparency and reducing administrative burden.
Customer Support Gusto is known for its responsive and knowledgeable customer support, which can assist users with any issues or questions they may have.
Possible disadvantages
Cost Gusto's pricing can be relatively high, especially for small businesses or startups with limited budgets.
Limited Integration Options While Gusto integrates with several popular apps and software, it may not support all the tools a business uses, potentially complicating workflow processes.
Lack of Customization Some users may find Gusto's features to be less customizable compared to other HR software solutions, limiting the ability to tailor the platform to specific needs.
Learning Curve Despite its user-friendly design, some users may experience a learning curve when initially adopting the platform, particularly if they are transitioning from a different system.
Dependency on Internet As a cloud-based solution, Gusto requires a reliable internet connection for access, which can be a limitation in areas with poor connectivity.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseGusto
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
Gusto is widely regarded as a good option for small to medium-sized businesses seeking payroll and human resources solutions.
Why this product is good
Gusto offers an intuitive platform that simplifies payroll processing, benefits administration, and HR tasks. Users often praise its user-friendly interface, comprehensive features, and excellent customer service. It automates many time-consuming processes, making it easier for businesses to manage their workforce and comply with regulations.
Recommended for
Small to medium-sized businesses
Companies seeking easy-to-use payroll solutions
Organizations in need of integrated HR tools
Businesses looking for efficient employee onboarding processes
HR managers wanting comprehensive benefits administration support
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 default landing for small teams. I run a real Gusto account and rated it 8/10 in the full Gusto review: transparent pricing, strong employee self-onboarding, and it files federal, state and local taxes without me...
I only hand out a score after testing a tool with my own account, so this list splits in two. Gusto, Deel, Breezy HR and Manatal carry real tested verdicts from their own reviews. Rippling, HiBob and Zoho People are...
If the honest job is “pay a US team correctly and keep the records straight”, Gusto does it with published pricing and no sales call, which is precisely the contrast with a quote-only platform. (Weighing Gusto against...
Recommendations tracked on public social media and blogs since March 2021.
Splitwise0 mentionsGusto18 mentions
Tracking Splitwise since Mar 2021.
As a completely inexperienced newbie, how does salary payment work?
If they are W2 or 1099, look at gusto.com, but I would encourage you to speak with a CPA so they can best advise you on your situation. If you do things wrong, it could put you in a lot of legal trouble.
Source:
almost 4 years ago
There's Quickbooks for accounting. There's Gusto for payroll. There's CalendarCrush for invoicing. It'll cost you about $200 a month to get tooled correctly and you're off to the races.
Source:
almost 4 years ago
Make • Build and automate workflows
InvoiceBerry • Online invoicing for small businesses
Gusto • Payroll, benefits and HR management
Hive • Manage tasks, workflows and team’s work
Lanva • Social video editing app.
ClickUp • Manage...
Source:
about 4 years ago
Tricount
Settle Up
Splid
Spliit
YNAB
ihatemoney
Splitser
Paychex
BambooHR
ADP Workforce Now
Paylocity
Justworks
Workday
UKG
