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Splitwise VS Planergy

Compare Splitwise VS Planergy 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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Planergy

PLANERGY is a SaaS-based cloud spend management system that gives businesses of any size more control over their financial operations.

Rating
0 reviews
Pricing
Paid Free trial
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Alternatives Is it good?
Schedule Forge
Forge your schedule, not spreadsheets. Drag-and-drop work orders, capacity-aware line scheduling, shop floor kiosk clocking, AI what-if scenarios, and a daily dashboard that tells you what needs attention. 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?

Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 114

Base details

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

Splitwise
Planergy
Website splitwise.com planergy.com
Pricing —
Paid Free trial Official pricing
Platforms —
Web Browser Google Chrome Mac OSX Windows +2
Company — 2009
Listed in
Personal Finance Expense Tracking Bill-Splitting Apps Finance +1
Accounts Payable Procurement And Purchasing Spend Management ERP Accounting Budgeting Vendor Management +4

About Splitwise and Planergy

In their own words, as submitted to SaaSHub.

Splitwise
Planergy

No description of Splitwise yet.

Founded in 2009, PLANERGY is Headquartered in Boston and Dublin and has offices in the UK, Serbia and Poland, it helps over 1000 businesses worldwide to process in excess of $12 billion in Business Spend. PLANERGY is a global Spend Management platform that enables mid-market businesses in all...

Read more about Planergy

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Planergy 13 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.
  • Invoice management
  • Real time reporting
  • Third Party Integrations
  • Budget Control
  • Asset Management
  • Procurement Management
  • Order Management
  • Requisition Management
  • Spend Control
  • Purchasing Reports
  • Spend Analysis
  • Search/Filter
  • Procurement Management

Analysis

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

Splitwise
Planergy

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

  • Planergy is generally considered a good procurement and spend management solution by its users.

Why this product is good

  • Planergy offers a comprehensive suite of features that streamline procurement processes, improve spend management, and enhance visibility across the supply chain. Users appreciate its user-friendly interface, customizable workflows, and robust reporting tools, which help in making data-driven decisions. Additionally, its integration capabilities with other software systems are often praised.

Recommended for

    Planergy is recommended for small to medium-sized businesses and enterprises seeking to optimize their procurement processes, reduce costs, and improve efficiency. It is particularly beneficial for organizations looking to gain better control and visibility over their spending.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Planergy 0 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

No Planergy 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
Planergy
100% 100%
Personal Finance
0% 0%
0% 0%
Procurement And Purchasing
100% 100%
100% 100%
Expense Tracking
0% 0%
0% 0%
Accounting
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
Planergy no reviews yet

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