Software Alternatives & Startups

Splitwise VS iGMS

Compare Splitwise VS iGMS 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
iGMS

iGMS provides cloud-based software with AI features for professional hosts and property managers to help automate and streamline vacation rental business operations.

Rating
0 reviews
Pricing
Paid Free trial $48 / Monthly (per property)
This page does not exist

Which is more popular?

Based on our record, iGMS seems to be more popular. It has been mentioned 1 time since March 2021.

social mentions
0 vs 1
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 142

Base details

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

Splitwise
iGMS
Website splitwise.com igms.com
Pricing —
Paid Free trial $48 / Monthly (per property) Official pricing
Platforms —
iOS Android Browser
Company — Startup from Canada · 20 - 49 employees
Listed in

About Splitwise and iGMS

In their own words, as submitted to SaaSHub.

Splitwise
iGMS

No description of Splitwise yet.

iGMS is a vacation rental software that helps hosts to effectively handle day-to-day short-term rental management tasks. The software enables users to operate all Airbnb, Booking.com, and Vrbo accounts via a single interface, with access to the same advanced functionality through the mobile app....

Read more about iGMS

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
iGMS 14 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.
  • Channel manager
    Connects Airbnb, Vrbo and Booking.com by direct API; Expedia, Tripadvisor and other calendars by iCal
  • Multi-calendar
    Manage bookings from multiple platforms in one place
  • Unified inbox & message templates
    Automate and personalize communication with guests using automated message templates
  • Automated reviews
    Craft personalized reviews to highlight positive experiences
  • Cleaning & task management
    Automate and organize cleaning schedules to maintain high standards of cleanliness
  • Team Management
    Assign and track tasks for your team members with ease, filter tasks by team and date, and view them in list or text format
  • In-app and email notifications
    Instant alerts on your mobile device, allowing you to respond and manage your property operations on the go without any delays
  • Key exchange management
    Integration with August, Yale, Schlage, Keycafe, and more
  • Owner access
    Control user permissions based on job functions and set view-only or editing modes for calendars, prices, and tasks
  • Financial reports
    Monitor your monthly revenue, active cash flow, and reservations across multiple months
  • Direct booking management
    A security deposit feature, customizable check-in forms, online payment processing, and invoice management
  • Payment processing
    Securely process payments from your guests with an integrated Stripe gateway
  • Dynamic pricing
    Streamline your pricing strategy with dynamic pricing tools that adjust rates in real-time based on demand, competition, and market trends
  • Website builder
    User-friendly engine allows you to create a professional, customizable website for your properties

Analysis

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

Splitwise
iGMS

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, iGMS is considered a reliable and comprehensive tool for those managing multiple rental properties. It is well-regarded for its robust feature set, ease of use, and strong customer support. However, like any software, it may not be suitable for everyone, and potential users should evaluate whether its features align with their specific needs and budget.

Why this product is good

  • iGMS is a popular vacation rental software that offers a range of features designed to help property managers streamline their operations. It includes tools for automating communication with guests, managing bookings, synchronizing calendars across multiple platforms, and handling tasks related to cleaning and maintenance. The platform is known for its user-friendly interface and integration capabilities with major booking sites like Airbnb, Booking.com, and Vrbo. Additionally, iGMS provides reporting and analytics features that help users track performance and optimize their rental business.

Recommended for

    iGMS is highly recommended for property managers and owners who manage multiple vacation rental properties and are looking for efficient tools to automate and simplify their operations. It is well-suited for those who list their properties on multiple booking channels and need a centralized system to manage their workflow. It's also ideal for users who value strong customer support and a platform that can grow with their business.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
iGMS 3 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

iGMS

More videos

  • - iGMS Demo
  • - iGMS In-depth Demonstration

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
iGMS
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
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
iGMS no reviews yet

View more

  • 12 Best Cloudbeds Alternatives For 2024
    thehotelgm.com · Jan 2024

    I picked iGMS for this list because of its exceptional ability to synchronize data across multiple platforms. It's unique in its provision of a single dashboard for managing properties across various listing sites,...

Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Splitwise 0 mentions
iGMS 1 mention

Tracking Splitwise since Mar 2021.

  • Use of Alternate Booking Sites, Thoughts?
    I use igms.com to manage the integrations. Source: about 4 years ago

Alternatives to Splitwise and iGMS

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