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Splitwise VS RouteXL

Compare Splitwise VS RouteXL and see what are their differences

meetergo
GDPR-compliant meeting scheduling hosted in Germany. Booking pages, built-in video calls, lead routing, CRM and payments in one tool, with all data stored in Frankfurt and a data processing agreement (DPA/AVV) included. sponsored
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Contents:
  1. » Base Details
  2. » Videos
  3. » Reviews
  4. » 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!

RouteXL logo RouteXL

Find the best road trip to multiple locations. Sort the order of your destinations for the fastest itinerary. Saves time and money.
  • Splitwise Landing page
    Landing page //
    2023-01-23
  • RouteXL Landing page
    Landing page //
    2023-04-09

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.

RouteXL features and specs

  • Cost-effective
    RouteXL offers a free basic version and affordable plans for small to medium businesses, making it accessible for budget-conscious users.
  • User-friendly Interface
    The platform provides an intuitive interface that is easy to navigate, even for users who may not be tech-savvy.
  • Efficient Route Planning
    RouteXL optimizes routes to minimize travel time and distance, which can lead to significant savings in fuel and operational costs.
  • Integration Capabilities
    The service integrates with other applications and services through APIs, allowing users to streamline their operations and manage logistics more effectively.
  • Flexible Input Methods
    Users can input addresses directly or upload spreadsheets, catering to different preferences and workflows for planning routes.

Possible disadvantages of RouteXL

  • Limited Free Features
    The free version has restrictions on the number of stops that can be included in a route, which may not be sufficient for larger operations.
  • Internet Dependence
    RouteXL is a web-based application, which requires a stable internet connection for access and effective usage, potentially limiting use in areas with poor connectivity.
  • Occasional Accuracy Issues
    Users have reported occasional inaccuracies in routing, particularly in areas with complex road systems or new developments.
  • Limited Customization
    The platform offers basic customization options, but more advanced features for specific industry needs or complex routes may be lacking.
  • Support Limitations
    Customer support for RouteXL is primarily provided through online documentation and email, which might not be sufficient for users requiring immediate assistance.

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.

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

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

RouteXL videos

+ Add

Install RouteXL app on iPhone

Category Popularity

0-100% (relative to Splitwise and RouteXL)

Splitwise

RouteXL

Personal Finance
100 100%
Personal Finance
0% 0
Auto & Vehicle
0 0%
Auto & Vehicle
100% 100
Expense Tracking
100 100%
Expense Tracking
0% 0
Travel & Location
0 0%
Travel & Location
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 RouteXL

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 you’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 one’s not a complete budgeting app but it’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

RouteXL Reviews

We have no reviews of RouteXL yet.
Be the first one to post

Social recommendations and mentions

Based on our record, RouteXL seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Splitwise mentions (0)

We have not tracked any mentions of Splitwise yet. Tracking of Splitwise recommendations started around Mar 2021.

RouteXL mentions (1)

  • My local pizza shop in Tokyo still doesn’t use GPS, but rather uses a massive map on the wall behind the register which they frantically check when a phone order comes in.
    Pizza places could simply use something like this for about 30 bucks a month. https://routexl.com/. Source: almost 5 years ago

What are some alternatives?

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

Tricount - Manage and share expenses with friends

OptimoRoute - OptimoRoute system helps companies plan efficient routes and schedules for delivery drivers and...

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

Flightmap - Flightmap lets you keep track of all your flights (past and future), and turns them into...

Splid - Splid helps friends manage their money.

ElasticRoute - ElasticRoute is a reputable multi-route planner software that allows you to save time and cost for your deliveries.

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