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!
Changelog software that turns GitHub commits into release notes your users actually see — inside your app. Built for founders and teams who ship fast.
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, Neat
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 102
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.
Document Management Neat provides a comprehensive document management system that helps users organize, store, and access their documents digitally. This makes it easier to keep track of important paperwork and reduces physical clutter.
Expense Tracking The platform offers tools for tracking expenses, which is beneficial for both personal and business use. Users can categorize expenses and create reports, simplifying financial management.
Cloud Accessibility Neat stores documents and data in the cloud, allowing users to access their information from anywhere with an internet connection. This increases flexibility and convenience for users who need to work remotely or on the go.
Integration Neat integrates with popular accounting software and productivity tools such as QuickBooks and Microsoft Office, streamlining workflows and improving data synchronization across platforms.
Possible disadvantages
Subscription Costs Neat operates on a subscription-based model, which can be costly for individuals or small businesses with limited budgets. Users must evaluate if the features justify the price.
Learning Curve Some users may find the platform's interface and features complex, requiring time and effort to learn how to use the system effectively, especially for those who are not tech-savvy.
Feature Limitations While Neat offers a variety of features, some users have reported limitations in advanced functionalities compared to other more specialized software, which could hinder specific use cases.
Customer Support Some users have noted that customer support can be slow or not as helpful as expected, which can be frustrating when encountering issues that need quick resolution.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseNeat
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, Neat is a solid choice for small businesses and freelancers seeking an effective and user-friendly financial management solution. Its features are well-suited for those who prioritize efficiency in document organization and automation in their financial workflows.
Why this product is good
Neat is a business financial management platform designed to provide tools for organizing financial documents, automating bookkeeping tasks, and offering insights into financial health. Users often appreciate its simplicity, intuitive interface, and integration capabilities with other financial software. Additionally, Neat offers powerful scanning and organization features that are particularly useful for small businesses looking to digitize and streamline their financial record-keeping processes.
Recommended for
Small business owners who need to digitize and organize financial documents
Freelancers looking for simple bookkeeping and expense tracking tools
Entrepreneurs who want to automate tedious financial tasks
Businesses seeking integrations with other financial software for streamlined operations
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....
Neat is exclusively for small businesses to maintain their accounts. It's one of the best accounting software that is an alternative to QuickBooks online and is used to boost efficiency and reduce the fuss of making...
Social recommendations and mentions
Recommendations tracked on public social media and blogs since March 2021.
Splitwise0 mentionsNeat1 mention
Tracking Splitwise since Mar 2021.
App to scan amounts from paper invoices and calculate the sum
I used a product from neat (neat.com) that scanned all the invoices and pulled out the details. It was a bit hit and miss with all the different formats the invoices might come in. Unless you have a scanner with a paper feeder, it seems...
Source:
almost 4 years ago
Alternatives to Splitwise and Neat
When comparing Splitwise and Neat, you can also consider the following products.
Tricount
Settle Up
Splid
Spliit
YNAB
ihatemoney
Splitser
DocGen
openSourceCM
Flowingly
LogicalDOC
Way We Do
Parascript FormXtra.ai
ASC Documents
