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Splitwise VS LogMeIn

Compare Splitwise VS LogMeIn and see what are their differences

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Private expense tracker: upload CSV/Excel bank statements, no bank sync. featured
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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

Splitwise logo 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!

LogMeIn logo LogMeIn

LogMeIn gives you fast, easy remote access to your PC or Mac from your browser, desktop and mobile...
  • Splitwise Landing page
    Landing page //
    2023-01-23
  • LogMeIn Landing page
    Landing page //
    2023-09-17

Splitwise features and specs

  • 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 of Splitwise

  • 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.

LogMeIn features and specs

  • Ease of Use
    LogMeIn offers a user-friendly interface, making it easy for both technical and non-technical users to navigate and use the software for remote access.
  • High Security
    The software provides robust security features, including TLS 1.2 transport security, dual passwords, and two-factor authentication, ensuring that remote sessions are secure.
  • Cross-Platform Compatibility
    LogMeIn supports multiple platforms, including Windows, macOS, iOS, and Android, making it versatile for users with different devices.
  • Advanced Features
    The service includes advanced features like remote printing, file transfer, and multi-monitor support, which are beneficial for professional and business users.
  • Scalability
    LogMeIn is suitable for both individual users and large teams, offering plans that can scale according to the number of users and required features.

Possible disadvantages of LogMeIn

  • Cost
    LogMeIn can be expensive compared to other remote access solutions, which might not be ideal for users with a limited budget.
  • Performance Issues
    Some users have reported occasional performance issues, such as lag or slow connections, which can be problematic during critical tasks.
  • No Free Version
    Unlike some competitors, LogMeIn does not offer a free version, limiting access for users who are not willing or able to pay for a subscription.
  • Resource Heavy
    The software can consume significant system resources, potentially impacting the performance of the host and remote devices during sessions.
  • Complex Setup
    Initial setup can be complex, particularly for less tech-savvy users, sometimes requiring additional time and effort to get everything configured correctly.

Analysis of Splitwise

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.

Analysis of LogMeIn

Overall verdict

  • LogMeIn is generally regarded as a good option for remote access and support due to its comprehensive security features, user-friendly interface, and consistent performance. However, some users have raised concerns about its pricing structure and customer service. It is advisable to evaluate whether its features align with your specific needs and budget.

Why this product is good

  • LogMeIn, also known as GoTo, is often considered a reliable tool for remote access, offering secure connections through encryption and multi-factor authentication. It is widely used by IT professionals and businesses to provide remote support and management of devices. LogMeIn's reputation for reliability and a range of features, including file transfer, remote printing, and mobile access, contribute to its favorable view among users.

Recommended for

  • IT professionals
  • Small to medium-sized businesses
  • Remote teams
  • Individuals needing remote desktop access

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

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

LogMeIn videos

+ Add

Logmein Pro Review - Get 14 Day Logmein Free Trial Here

Category Popularity

0-100% (relative to Splitwise and LogMeIn)

Splitwise

LogMeIn

Personal Finance
100 100%
Personal Finance
0% 0
Remote Desktop
0 0%
Remote Desktop
100% 100
Expense Tracking
100 100%
Expense Tracking
0% 0
Remote PC Access
0 0%
Remote PC Access
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Splitwise and LogMeIn

Splitwise Reviews

12 Best Bill Splitting Apps in 2023
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 this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
Source: www.mobileappdaily.com
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
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 application also keeps everyone updated about their balances and recent transactions.
Source: www.how2shout.com
Best Bill-Splitting Apps
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. Once youโ€™ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
Source: www.thebalancemoney.com
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...
Source: www.softwaresuggest.com

LogMeIn Reviews

25 Best TeamViewer Alternative Software (Free/Paid) in 2021
LogMeIn is a strong competitor of TeamViewer. It is an ideal tool for those who started a business that needs to continues support from all over the world. It is especially helpful for places where problems could occur at any time.
Source: www.guru99.com
Best remote desktop software of 2021: Paid and free choices for businesses
Plans cater for two remote connections and a 14-day free trial is available. If you need more connections, you can simply upgrade to a higher plan. Additionally, LogMeIn Pro is easy to set up, highly secure, and backed by 24/7 live support. Note, though, that its performance can be a little slow at times.
Source: www.techradar.com
Best Identity Management Software
LogMeIn Pro is mainly used by large organizations that operate on a work-from-home basis. Since it is focused on remote working, users can work on their own documents and files, either by themselves or in collaboration with teams, without comprising data access to the rest of the business.
Source: www.benzinga.com
10 Best Free Remote Desktop Tools You Should Know
This is one of the most popular remote desktop sharing tools because of its great features. One of the most noticeable features of this tool is the advanced configuration options offered for the business users. If you want to share files, transfer files or even want to do remote printing from any browser, LogMeIn is a perfect tool for you. Apart from all these, it is speedy...
Source: www.lifehack.org
Sick of TeamViewer? Try these 7 Free alternative to TeamViewer
LogMeIn is software like Teamviewer, that is cloud-based and functions as a powerful endpoint management tool with remote support. It provides high-quality services through a wide range of solutions like LogMeIn Pro, LogMeIn Central, and LogMeIn Rescue.
Source: www.troopmessenger.com

What are some alternatives?

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

Tricount - Manage and share expenses with friends

TeamViewer - TeamViewer lets you establish a connection to any PC or server within just a few seconds.

Splid - Splid helps friends manage their money.

AnyDesk - AnyDesk is the world's most comfortable remote desktop application. Access all your programs, documents and files from anywhere, without having to entrust your data to a cloud service.

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

TightVNC - TightVNC - VNC-Compatible Remote Control / Remote Desktop Software. Download TightVNCDownload TightVNC 1. 3. 10ย - TightVNC Serverย - F. A. Read more about TightVNC.

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