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!
Organize purchase receipts, track warranty deadlines, and download a searchable offline copy with your photos and PDFs.
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Which is more popular?
Based on our record, Piwik PRO
seems to be more popular. It has been mentioned
2 times
since March 2021.
social mentions
0 vs 2
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 216
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.
Data Privacy Piwik PRO is designed with strong data privacy features, including compliance with GDPR and other international data protection laws. This ensures that user data is handled with the highest ethical standards.
On-Premises Hosting Piwik PRO offers the option to host the analytics software on your own servers, providing greater control over your data compared to cloud-only solutions.
Customizability The platform provides extensive customization options, allowing businesses to tailor analytics reports and dashboards to meet specific needs.
Consent Manager In-built consent manager to easily manage user consent for data collection and ensure compliance with data protection regulations.
Enterprise Support Piwik PRO offers dedicated enterprise-level support, including personalized onboarding, training, and ongoing technical assistance.
Possible disadvantages
Cost Piwik PRO can be more expensive compared to other web analytics solutions, especially for small to mid-sized businesses.
Complex Setup The setup process can be complex and time-consuming, particularly for the on-premises version, requiring dedicated technical resources.
Learning Curve Due to its extensive features and customization options, there can be a steep learning curve for new users who are not already familiar with web analytics tools.
Limited Third-Party Integrations Compared to other analytics platforms, Piwik PRO may offer fewer integrations with third-party tools and services, potentially limiting its versatility.
Performance Depending on the scale of data and the complexity of the reports, the on-premises version may experience performance issues, requiring significant infrastructure investment to address.
Analysis
An editorial look at what each product does well and who it suits.
SplitwisePiwik PRO
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
Yes, Piwik PRO is considered a good analytics tool, particularly for organizations that prioritize data privacy and security.
Why this product is good
Piwik PRO emphasizes strong privacy and compliance with data protection regulations such as GDPR, HIPAA, and CCPA, making it a preferred choice for organizations handling sensitive data.
It offers a powerful analytics suite that rivals Google Analytics, with features like heatmaps, session recordings, and advanced segmentation.
Its consent manager helps ensure that data collection practices are compliant with privacy laws.
Piwik PRO provides robust data ownership, as users have complete control over their data and don't need to share it with third parties.
It supports both on-premise and cloud hosting, providing flexibility based on an organization's needs.
Recommended for
Organizations in heavily regulated industries such as healthcare and finance, where data privacy is a priority.
Businesses that require a high degree of control over their analytics data.
Companies seeking an analytics platform that is flexible in terms of hosting options.
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....
However, with real-time reporting and search engine keyword rankings, Piwik Pro caters to organizations requiring heightened data security and regulatory adherence, but with some limitations in support.
Social recommendations and mentions
Recommendations tracked on public social media and blogs since March 2021.
Splitwise0 mentionsPiwik PRO2 mentions
Tracking Splitwise since Mar 2021.
Facing reality about the EU is a core requirement for good management
It uses the same cookies as most official EU website. You can check why there: https://eur-lex.europa.eu/content/legal-notice/legal-notice.html?locale=en#5.%20Cookies%20notice They seems to use this https://piwik.pro/, which as far as I...
- Source: Hacker News
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over 2 years ago
Hipaa-compliant Google Analytics alternative
We’ve used Piwik (https://piwik.pro/) in the past as an alternative to Google Analytics. You need to be using Piwik Pro.
Source:
over 3 years ago
Alternatives to Splitwise and Piwik PRO
When comparing Splitwise and Piwik PRO, you can also consider the following products.
Analytics for web and iOS. Heap automatically captures every user action in your app and lets you measure it all. Clicks, taps, swipes, form submissions, page views, and more.