Software Alternatives & Startups

Splitwise VS Odomly

Compare Splitwise VS Odomly 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
Odomly

Odomly is odometer, trip and expense tracking with ATO-compliant reports. Log trips, capture receipts and manage vehicles or a whole fleet, built for Australia.

Rating
0 reviews
Pricing
Freemium AU$14.95 / Monthly (Individual, 1 driver, GST incl.)

Which is more popular?

Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 24

Base details

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

Splitwise
Odomly
Website splitwise.com odomly.com
Pricing —
Freemium AU$14.95 / Monthly (Individual, 1 driver, GST incl.) Official pricing
Platforms —
Web
Company — Startup from Australia
Listed in

About Splitwise and Odomly

In their own words, as submitted to SaaSHub.

Splitwise
Odomly

No description of Splitwise yet.

Odomly is an Australian-built odometer, trip and expense platform for drivers and fleets. The problem. Nobody wants to keep the logbook. Trips go unrecorded, receipts collect in the glovebox, rego and service dates slip past, and at tax time the numbers don't reconcile. For a sole trader that...

Read more about Odomly

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Odomly 5 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.
  • Photo-verified odometer readings
    Readings are captured against the vehicle rather than typed from memory at the end of the quarter, so the logbook holds up under audit.
  • ATO logbook and FBT reporting
    Reports are generated to ATO logbook and FBT standards, with deduction rates maintained as configuration so they stay current.
  • Per-driver fleet pricing, unlimited vehicles
    Fleet plans are licensed per driver seat with no cap on vehicles per seat, so vehicle-heavy operations are not charged for owning equipment.
  • Expense and receipt capture
    Receipts captured by photo or email, plus fuel card tracking and cost-per-vehicle reporting.
  • Oddie, the AI fleet assistant
    Plain-English answers about vehicles, costs and compliance, scoped to your role and fleet. Optional add-on on Fleet plans.

Analysis

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

Splitwise
Odomly

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.

No analysis of Odomly yet.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Odomly 0 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

No Odomly videos yet. You could help us improve this page by suggesting one.

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
Odomly
100% 100%
0% 0%
99% 99%
1% 1%
0% 0%
100% 100%
100% 100%
0% 0%

Questions & Answers

As answered by people managing Splitwise and Odomly.

Why should a person choose your product over its competitors?

Odomly's answer:

If you are in Australia and the logbook is the reason you are looking, Odomly is built for that case rather than adapted to it. Reports come out to ATO logbook and FBT standards, prices are quoted in Australian dollars including GST, and support is in Melbourne rather than a timezone away.

If you run vehicles rather than just drive one, the pricing model is the practical difference. Fleet plans are licensed per driver seat with unlimited vehicles, so a two-person crew sharing six utes pays for two seats. Most competitors charge per vehicle, which penalises exactly the operators who own the most equipment.

If you are starting as a sole trader, the free tier is permanent rather than a countdown - 20 trips and 20 manual expenses per calendar month on one vehicle, no credit card. There is no time-limited trial to forget to cancel, and the same account grows into the Fleet plans without a migration.

Where Odomly is not the answer: it is not a telematics or live GPS tracking platform, and it is not aimed at large fleets running hundreds of vehicles.

What makes your product unique?

Odomly's answer:

Three things, and they are all consequences of building for Australian tax rather than adapting an overseas product to it.

  • Odometer readings are photo-verified against the vehicle. Most logbook apps take a number you type in. Odomly captures the reading at the vehicle, so the record holds up when someone asks to see the evidence rather than the spreadsheet.
  • Fleet plans are priced per driver seat with unlimited vehicles. Per-vehicle pricing effectively charges an operator for owning equipment. A builder with pooled utes or a plant-sharing crew pays for the people who drive, not the machines that sit.
  • Reports are generated to ATO logbook and FBT standards, and the deduction rates are maintained as configuration inside the platform rather than hardcoded, so they stay current when the ATO changes them.

The individual and fleet products are the same platform underneath, so a sole trader who grows into a small fleet does not change systems or re-enter history.

How would you describe the primary audience of your product?

Odomly's answer:

Two groups, served by the same platform.

Individuals who need an ATO-compliant logbook. Sole traders, tradies, rideshare and delivery drivers, real estate and sales reps, and employees claiming car expenses at tax time. The common thread is that keeping the logbook is a chore they will otherwise skip, and skipping it costs them a deduction.

Small-to-mid fleet operators, roughly 2 to 50 vehicles. Trades and construction, delivery and courier, transport, and field service businesses. Usually there is no dedicated fleet manager - it is an owner, an office manager or a bookkeeper who inherited the job, and they need vehicles, drivers, approvals, costs and FBT exposure visible in one place without a telematics rollout.

Geographically the audience is Australian, because the compliance model, the reporting standards and the GST-inclusive pricing are all built to Australian rules.

User comments

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Reviews and articles

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

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Alternatives to Splitwise and Odomly

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