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Splitwise VS Plan.io

Compare Splitwise VS Plan.io 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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Alternatives Is it good?
Plan.io

Planio makes web based project management and team collaboration more efficient and fun. It is the perfect platform for your projects, team members and clients.

Rating
0 reviews
Pricing
Freemium Free trial $25 / Monthly
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Alternatives Is it good?
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, Plan.io 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 121

Base details

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

Splitwise
Plan.io
Website splitwise.com plan.io
Pricing —
Freemium Free trial $25 / Monthly Official pricing
Platforms —
Web Android iOS Mac OSX Linux Windows +3
Company — 2010
Listed in
Personal Finance Expense Tracking Bill-Splitting Apps Finance +1
Project Management Task Management Work Collaboration File Sharing Knowledge Sharing WiKis +3

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Plan.io 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.
  • Integrated Project Management
    Offers a comprehensive suite of tools for project management, including issue tracking, Gantt charts, roadmaps, and time tracking, allowing for streamlined project oversight and execution.
  • Git and SVN Repository Integration
    Supports both Git and Subversion (SVN) repository integrations, making it convenient for development teams to manage code and projects in one place.
  • Customization
    Highly customizable with various plugins and settings, allowing users to tailor the platform to their specific needs and workflow requirements.
  • Security
    Robust security features including SSL encryption, regular backups, and role-based access control to protect sensitive project data.
  • Customer Support
    Provides responsive and helpful customer support, ensuring issues and inquiries are addressed promptly.

Possible disadvantages

  • Pricing
    May be relatively expensive for small teams or startups, as the pricing structure can be on the higher side compared to some other project management tools.
  • Learning Curve
    Due to its comprehensive set of features, new users might find it overwhelming at first and may require some time to get accustomed to the platform.
  • Complexity
    While customization is a strength, it can also introduce complexity, making initial setup and configuration time-consuming.
  • Performance
    Can occasionally experience performance issues, especially when handling large projects with significant data.
  • Limited Third-party Integrations
    Although it offers core integrations, the number of available third-party integrations is more limited compared to some competitors.

Analysis

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

Splitwise
Plan.io

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, Plan.io is considered a good choice for businesses and teams that require a flexible, feature-rich project management tool. It is particularly valued for its focus on enhancing team collaboration through a wide range of features that cater to diverse project management needs. However, some users may find the interface slightly overwhelming initially, and the pricing might be higher compared to other simpler project management solutions.

Why this product is good

  • Plan.io is a reputable project management tool known for its comprehensive set of features including issue tracking, Agile methodologies support, Git/SVN repository hosting, time tracking, and custom workflows. It is designed to facilitate team collaboration and improve productivity by offering a centralized platform for managing projects. Users appreciate its robust integrations with other tools, customization options, and the fact that it is based on the popular open-source Redmine software, adding reliability and trust to its offerings.

Recommended for

    Plan.io is highly recommended for small to medium-sized businesses, tech companies, and teams that already have experience with project management tools and need advanced features for complex project management. It is well suited for Agile teams, software developers, and those seeking an all-in-one solution for project planning, tracking, and reporting.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Plan.io 9 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

How 5 Different Businesses Use Planio to Reach Their Goals

More videos

  • - MovingImage uses Planio as a Digital Hub while Staying Agile
  • - How Tattoosafe Stays Organized and Efficient with Planio
  • - Planio Helps United CMS Track Every Package They Deliver
  • - Planio’s Journey to Serving 1,500 Businesses Worldwide
  • - Planio helps Palupas Set Clear Priorities
  • - How IVU Eliminated Email Chaos with Planio
  • - Agile Project Management with Planio

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
Plan.io
100% 100%
Personal Finance
0% 0%
0% 0%
Project Management
100% 100%
100% 100%
Expense Tracking
0% 0%
0% 0%
Task Management
100% 100%

User comments

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Reviews and articles

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

Splitwise no reviews yet
Plan.io no reviews yet

View more

  • 10 Best Software For Project Management in 2022
    medium.com · Apr 2022

    Plan.io is a project tracking and management software. It is based on Redmine, another open source project management software based on Ruby on Rails. Plan.io will also help with version control and file synchronization.

Social recommendations and mentions

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

Splitwise 0 mentions
Plan.io 1 mention

Tracking Splitwise since Mar 2021.

Alternatives to Splitwise and Plan.io

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

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