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Splitwise VS Pencil2D

Compare Splitwise VS Pencil2D 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!

Pencil2D logo Pencil2D

Pencil2D is an opensource animation/drawing software for Mac OS X, Windows, and Linux, based on old...
  • Splitwise Landing page
    Landing page //
    2023-01-23
  • Pencil2D Landing page
    Landing page //
    2021-10-15

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.

Pencil2D features and specs

  • Open Source
    Pencil2D is open-source software, meaning it's free to use and its code can be modified to fit specific needs.
  • User-Friendly Interface
    The software features a simple and intuitive interface, making it accessible for beginners as well as advanced users.
  • Cross-Platform
    Pencil2D runs on Windows, macOS, and Linux, providing flexibility regardless of the user's operating system.
  • Lightweight
    Pencil2D is a lightweight application, requiring minimal system resources, which is ideal for users with older or less powerful computers.
  • Bitmap and Vector Drawing
    The software supports both bitmap and vector graphics, allowing for a versatile range of creative outputs.

Possible disadvantages of Pencil2D

  • Limited Features
    Pencil2D lacks some advanced features found in other more professional animation software, such as complex effect layers and robust 3D capabilities.
  • Occasional Bugs
    Being an open-source project, users may encounter bugs or stability issues. Development is ongoing, but updates can be sporadic.
  • Lack of Advanced Tools
    The software does not include many advanced animation tools or features that professionals might require for complex projects.
  • Learning Resources
    There are relatively fewer tutorials and learning resources available compared to more established software, which might make the learning curve steeper for some users.
  • Limited Export Options
    The range of export formats is somewhat limited compared to more comprehensive animation software, which could restrict usability for certain projects.

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 Pencil2D

Overall verdict

  • Pencil2D is a good option for those seeking a free and simple animation tool without the steep learning curve associated with more complex software. It may not have the advanced features found in professional-grade programs, but it is well-suited for hobbyists and learners.

Why this product is good

  • Pencil2D is an open-source and user-friendly program designed for creating hand-drawn animations. It offers a straightforward interface, making it accessible for beginners. The software supports both bitmap and vector graphics, allowing for flexibility in animation styles. Additionally, it's lightweight, performs well on most computers, and is continually updated by a dedicated community.

Recommended for

  • Beginners in animation
  • Artists interested in traditional hand-drawn techniques
  • Hobbyists looking for free and open-source software
  • Educators and students focused on learning animation fundamentals

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

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

Pencil2D videos

+ Add

Pencil2D v0.6 Review

More videos:

  • Review - Pencil2D v0 6 3 Ft Huion Tablet H 2

Category Popularity

0-100% (relative to Splitwise and Pencil2D)

Splitwise

Pencil2D

Personal Finance
100 100%
Personal Finance
0% 0
Animation
0 0%
Animation
100% 100
Expense Tracking
100 100%
Expense Tracking
0% 0
2D Animation
0 0%
2D Animation
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 Pencil2D

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

Pencil2D Reviews

10 Best 2D Animation Software in 2022 [Free/Paid]
Want an open-source and free 2D animation design software to help you create videos? Pencil2D animation is the type of program that can help beginners.
Source: filmora.wondershare.com
The 10 best free animation software in 2021
โ€œPencil2D: The easiest and simplest program to do 2D animation. If you're going to rely on frame by frame hand drawn animations for your game then this is easy and simple enough to do it perfectly. But if you need anything else then it's super lacking unfortunately.โ€ - u/xTMT, Reddit
Source: www.freelancer.com
Top 5 Open Source Animation Software In 2021
With minimal design and easy to understand interface, Pencil2D is one of the best animation software for beginners. It is an easy to use, open source and free 2d animation software. Pencil2D community is always updating the software by releasing new updates and fixing any errors or bugs. As a free to download application, it is released under the GNU General Public License,...
Source: blog.containerize.com
14 BEST 2D Animation Software in 2020 [Free/Paid]
Pencil2d is a 2D hand-drawn animation software. It is easy to use and lightweight. It is a 2D animation software for free which allows you to sketch ink and paint on the go.
Source: www.guru99.com
10 Adobe Animate Alternatives in 2020
Due to a clear and intuitive interface, even a beginner can quickly figure out all features of the software. Pencil 2D enables you to work with layers, manipulate key frames in the timeline, use onion skin feature, adjust colors and pressure sensitivity, as well as rearrange workspace toolbars and panels according to your preferences.
Source: fixthephoto.com

What are some alternatives?

When comparing Splitwise and Pencil2D, you can also consider the following products

Tricount - Manage and share expenses with friends

OpenToonz - OpenToonz is an animation program that is a free software version of Toonz, the animation software...

Splid - Splid helps friends manage their money.

Synfig Studio - Just another WordPress site

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

Adobe Animate - Adobe Animate is a Flash, vector animation software.

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