Software Alternatives, Accelerators & Startups

Splitwise VS Snipping Tool

Compare Splitwise VS Snipping Tool and see what are their differences

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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!

Snipping Tool logo Snipping Tool

Use Snipping Tool to capture a screen shot, or snip, of any object on your screen, and then annotate, save, or share the image
  • Splitwise Landing page
    Landing page //
    2023-01-23
  • Snipping Tool Landing page
    Landing page //
    2023-08-06

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.

Snipping Tool features and specs

  • Built-in Tool
    Snipping Tool comes pre-installed with Windows, eliminating the need for additional software downloads or installations.
  • User-Friendly Interface
    The tool has a simple and intuitive interface that makes it easy for users of all levels to capture screenshots.
  • Multiple Capture Modes
    Offers several capture modes like free-form snip, rectangular snip, window snip, and full-screen snip to provide flexibility in taking screenshots.
  • Annotation Features
    It provides basic annotation tools such as a pen, highlighter, and eraser, allowing users to mark up their screenshots.
  • Delay Feature
    Includes a delay feature that allows users to capture screenshots after a set amount of time, useful for capturing context menus or transient states.

Possible disadvantages of Snipping Tool

  • Limited Editing Tools
    The built-in editing tools are quite basic and don't offer advanced features, limiting post-capture modifications.
  • No Scrolling Capture
    Snipping Tool does not support scrolling captures, making it inadequate for capturing long webpages or documents.
  • Performance Issues
    Some users report performance lags and glitches, particularly when taking multiple screenshots in quick succession.
  • No Cloud Integration
    There is no built-in feature to directly save or upload screenshots to cloud services, which can be inconvenient for users who rely on cloud storage.
  • Deprecated Status
    As Microsoft is gradually moving towards Snip & Sketch and other newer tools, Snipping Tool may not receive future updates, potentially leading to compatibility issues.

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.

Analysis of Snipping Tool

Overall verdict

  • The Snipping Tool is generally considered a good utility for quick and simple screen captures.

Why this product is good

  • The Snipping Tool is praised for its ease of use, being built into Windows, which makes it readily accessible without needing additional installation. It allows users to capture screenshots easily and offers basic editing features such as highlighting and annotation. This makes it suitable for users looking for straightforward and efficient screen capture functionality.

Recommended for

    The Snipping Tool is recommended for users who need a quick and simple way to capture and annotate screenshots. It is ideal for those who require minimal features beyond basic capture, like students, educators, and professionals who need to illustrate or highlight portions of their screen in a fast and uncomplicated manner.

Splitwise videos

Splitwise - iPhone App Review! [2020]

More videos:

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

Snipping Tool videos

How To Use Snipping Tool In Windows 10 [Tutorial]

More videos:

  • Review - New Snipping Tool review. Snip & Sketch

Category Popularity

0-100% (relative to Splitwise and Snipping Tool)
Personal Finance
100 100%
0% 0
Screenshot Annotation
0 0%
100% 100
Expense Tracking
100 100%
0% 0
Screenshots
0 0%
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 Snipping Tool

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...
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.
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 youโ€™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...
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™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,...

Snipping Tool Reviews

Top 13 Free Snagit Alternatives For 2021
This Windows-only screen tool doesnโ€™t just give Snagit a run for its money, itโ€™s also a direct competitor of the Windows Snipping Tool, and it seems to be doing a fine job of it. Share X is a busy little app that seems to jam-pack tons of features into a single desktop app.
Source: screenrec.com
15 Best Snagit Alternatives in 2020
Snipping Tool helps you to take a screenshot of your screen. It enables users to capture the whole screen or selected area in a rectangular form.
Source: www.guru99.com
30 Best Free Screen Capture Tools and Plugins
Snipping Tool, a simple tool shipped along with Windows, can snip in free-form or rectangular form. After snapping, it allows you to draw freely or add highlights on the image, and then, you can save the image or copy it to the clipboard.

What are some alternatives?

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

Tricount - Manage and share expenses with friends

Greenshot - Greenshot is a free and open source screenshot tool that allows annotation and highlighting using the built-in image editor.

Splid - Splid helps friends manage their money.

ShareX - ShareX is a free and open source program that lets you capture or record any area of your screen...

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

LightShot - The fastest way to take a customizable screenshot.