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Splitwise VS MIDAS

Compare Splitwise VS MIDAS 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
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MIDAS

MIDAS is a web based Room Booking & Resource Scheduling Software system. Available to download & run on your server or as an online hosted cloud application

Rating
0 reviews
Pricing
Paid Free trial $30 / Monthly (Cloud Hosted Option (1 user / 10 venues))
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Nova Net Worth
Net worth tracker for people who own assets through LLCs, trusts or rentals 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, MIDAS seems to be more popular. It has been mentioned 6 times since March 2021.

social mentions
0 vs 6
Personal Finance popularity
100% vs 0%

Base details

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

Splitwise
MIDAS
Website splitwise.com mid.as
Pricing —
Paid Free trial $30 / Monthly (Cloud Hosted Option (1 user / 10 venues)) Official pricing
Platforms —
Web Cross Platform Browser Cloud +1
Listed in
Personal Finance Expense Tracking Bill-Splitting Apps Finance +1
Meeting Room Booking Software Booking Software Resource Scheduling Online Venue Booking Calendar And Scheduling Event Scheduling Online Bookings Appointments and Scheduling Employee Scheduling +6

About Splitwise and MIDAS

In their own words, as submitted to SaaSHub.

Splitwise
MIDAS

No description of Splitwise yet.

MIDAS is an easy to use yet powerful room booking system giving you complete control over your room bookings and resource scheduling, and trusted by organizations and businesses of all shapes and sizes around the world. Simply accessed through your favorite web browser, on your desktop, laptop,...

Read more about MIDAS

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
MIDAS 40 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.
  • Analytics and Reporting
  • API
  • Billing/Invoicing
  • Bookings
  • Branding
  • Backups
  • Bulk import/export
  • Clean UI
  • Cloud-based
    Yes (a self-hosted edition is also available)
  • Calendar
  • Data Import/Export
  • Drag & Drop Interface
  • Demo
  • Email notifications
  • Email Templates
  • Email Support
  • Free Trial
  • Help Documentation
  • Integrations
  • Knowledge Base
    https://mid.as/kb
  • Live Chat Support
  • Notifications
  • Online Bookings
  • Pricing
    See https://mid.as/pricing
  • Quickbooks integration
  • Reports
  • Reporting
  • Responsive Design
  • Reports & analytics
  • Scheduling
  • Slack integration
  • Support
  • User And Group Management
  • Unlimited Users
    Option
  • User Permission Management
  • User-Friendly Interface
  • Users
    1 - Unlimited
  • White Labeling
    Option
  • Web App
  • Xero integration

Analysis

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

Splitwise
MIDAS

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, MIDAS is considered a solid choice for individuals looking to diversify their portfolio and take advantage of a well-rounded investment platform.

Why this product is good

  • MIDAS, or mid.as, is seen as a promising platform due to its user-friendly interface, a wide range of investment options, and strong customer support. The platform also has competitive fees and robust security measures, which make it appealing to both new and experienced investors.

Recommended for

    MIDAS is recommended for beginners seeking a straightforward entry into investing, as well as seasoned investors who appreciate a comprehensive platform with various financial instruments and tools to enhance their investment strategies.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
MIDAS 1 video + Add

Splitwise - iPhone App Review! [2020]

More videos

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

Introduction to MIDAS

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
MIDAS
100% 100%
Personal Finance
0% 0%
0% 0%
Resource Scheduling
100% 100%
100% 100%
Expense Tracking
0% 0%
0% 0%
Employee Scheduling
100% 100%

Questions & Answers

As answered by people managing Splitwise and MIDAS.

What makes your product unique?

MIDAS's answer:

MIDAS is the only mature, purpose-built room and resource scheduling system offering the customer's choice of cloud or self-hosted deployment, with fixed transparent pricing and a 20-year track record. Our median active customer retention is over 9 years!

Why should a person choose your product over its competitors?

MIDAS's answer:

Booking systems come and go, and migrating between them is painful. MIDAS has been continuously developed and supported by its original developer since 2006 - celebrating 20 years in 2026 - and our median customer has been with us for over 9 years. Choose software you won't need to replace.

MIDAS pricing is published openly in five currencies and based on just two things: how many venues and how many users you need. No per-booking fees, no usage tiers, no quote requests - the price you see is the price you pay, and renewals are charged at the same standard published rates.

What's the story behind your product?

MIDAS's answer:

MIDAS was originally developed for a large performing arts college in the UK back in 2005. Realizing its potential to help other organizations manage their room and resources bookings, it was first commercially released in early 2006. In the twenty years since, MIDAS remains in active development, with several feature-rich updates released every year and trusted by a worldwide customer base. You can read more about our backstory here

Which are the primary technologies used for building your product?

MIDAS's answer:

MIDAS is written in Perl - a language commonly found on almost all web servers, and which can be readily installed on those without. The backend database supports both MySQL and MariaDB, and the front end is a mix of HTML, CSS and Javascript

User comments

Share your experience with using Splitwise and MIDAS. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Splitwise no reviews yet
MIDAS no reviews yet

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We have no reviews of MIDAS yet. Be the first one to post

Social recommendations and mentions

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

Splitwise 0 mentions
MIDAS 6 mentions

Tracking Splitwise since Mar 2021.

  • Strawberry Perl vs ActivePerl
    "Perl" is the coding language we develop our MIDAS web based room booking and resource scheduling software in. - Source: dev.to / almost 4 years ago
  • Revisiting ActivePerl
    As "berrybrew" is specific to Strawberry perl, and we still technically support (but don't recommend ActivePerl), we tend to spin up VMs when we need to test our MIDAS software different versions of Strawberry/ActivePerl. Source: about 5 years ago
  • Revisiting ActivePerl
    So for any self-hosted customer wishing to use install our MIDAS scheduling software on their Windows server, we suggest you avoid ActivePerl and use Strawberry Perl instead. Source: about 5 years ago

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Alternatives to Splitwise and MIDAS

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

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