Software Alternatives & Startups

Splitwise VS StoreProfit

Compare Splitwise VS StoreProfit 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
StoreProfit

StoreProfit is a Shopify app that shows your real net profit, what to reorder, and your upcoming cash flow - for every product.

Rating
0 reviews
Pricing
Freemium Free trial
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 25

Base details

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

Splitwise
StoreProfit
Website splitwise.com storeprofit.io
Pricing —
Freemium Free trial Official pricing
Platforms —
Shopify
Company — Startup from the United States · 1 - 9 employees · 2026
Listed in

About Splitwise and StoreProfit

In their own words, as submitted to SaaSHub.

Splitwise
StoreProfit

No description of Splitwise yet.

StoreProfit shows Shopify merchants what they actually keep. Shopify reports revenue. StoreProfit subtracts COGS, landed costs, shipping, payment and platform fees, discounts, returns and ad spend to show net profit per product, with the full cost breakdown behind every number. Ad spend syncs...

Read more about StoreProfit

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
StoreProfit 3 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.
  • Profit Tracking
    Track your real profit on shopify down to the product and channel including marketing and cost break down
  • Cash Flow Forecasting
    easily forecast your cashflow and cash demands with your past selling data, open PO's and other data
  • Inventory Management
    always keep in stock with smart inventory alerts and forecasting to not overstock and not run out of stock

Analysis

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

Splitwise
StoreProfit

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.

No analysis of StoreProfit yet.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
StoreProfit 0 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

No StoreProfit 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
StoreProfit
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

Questions & Answers

As answered by people managing Splitwise and StoreProfit.

What makes your product unique?

StoreProfit's answer:

World class profit tracking combined with cashflow management and forecasting as well as inventory management and forecasting. One tool, one data stream

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
StoreProfit no reviews yet

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Alternatives to Splitwise and StoreProfit

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