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!
EU VAT and OSS preparation for creators and small SaaS. Brings your sales from each platform into one view, applies the right VAT rate per country, and prepares quarterly OSS figures for you or your accountant to review and file.
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Which is more popular?
Based on our record, Shorthand
seems to be more popular. It has been mentioned
4 times
since March 2021.
social mentions
0 vs 4
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 22
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.
Ease of Use Shorthand provides a user-friendly interface that allows users to create visually appealing stories without needing extensive technical skills.
Design Flexibility The platform offers a wide variety of templates and design tools, enabling users to customize their stories to fit specific stylistic and brand needs.
Responsive Design Shorthand ensures that content created on its platform is optimized for all devices, providing a seamless experience across desktops, tablets, and smartphones.
Interactive Features The platform integrates multimedia elements such as images, videos, and graphics, allowing creators to build engaging and dynamic stories.
No Coding Required Shorthand allows users to craft rich content without any need for coding knowledge, making it accessible for non-technical users.
Possible disadvantages
Cost Shorthand is a premium tool that comes with subscription fees, which might be a barrier for smaller organizations or individual users with limited budgets.
Limited Export Options The platform's ability to export content is somewhat restricted, limiting users who wish to repurpose content for other platforms or offline use.
Learning Curve for Complex Features While basic use is straightforward, mastering some of Shorthand's more advanced features may require a learning curve, especially for beginners.
Reliance on Templates Though templates are flexible, there can be limitations in creating wholly unique designs without advanced customization options.
Internet Dependence Creating and editing content on Shorthand requires internet access, which could be problematic in areas with unreliable connectivity.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseShorthand
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 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....
Recommendations tracked on public social media and blogs since March 2021.
Splitwise0 mentionsShorthand4 mentions
Tracking Splitwise since Mar 2021.
Modern-day oracles or Bullshit Machines
After talking to an awful lot of 18-20 year olds (our target audience) we decided we wanted to go with a "scrollytellying" style. I'm not a designer and I've done worked in that style before. After looking into a range of platforms — Vev...
- Source: Hacker News
/
almost 2 years ago
A rock that might hold the oldest form of complex life on Earth
At the bottom of the page there is a credit for Shorthand (https://shorthand.com/). It seems to be the tool that produced such beautiful results.
- Source: Hacker News
/
over 2 years ago
What's going on at Russian military bases near Ukraine
Here’s the tool they used for anyone curious: https://shorthand.com.
Source:
almost 5 years ago
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