Software Alternatives & Startups

Splitwise VS Streamlabs

Compare Splitwise VS Streamlabs 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
Streamlabs

All-in-one live streaming software

Rating
0 reviews
Pricing
Open source
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?

Based on our record, Streamlabs seems to be more popular. It has been mentioned 66 times since March 2021.

social mentions
0 vs 66
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 224

Base details

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

Splitwise
Streamlabs
Website splitwise.com streamlabs.com
Pricing —
Open source
Listed in

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Streamlabs 5 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.
  • User-Friendly Interface
    Streamlabs offers an intuitive and easy-to-navigate UI, making it accessible for both new and experienced streamers to set up and manage their streams.
  • Integrated Tools
    The platform provides a variety of built-in tools such as alerts, chatbots, and donation management, which streamline the stream setup and enhance viewer engagement.
  • Customizable Overlays
    Streamlabs allows for extensive customization of stream overlays, giving users the ability to create unique and professional-looking streams without much effort.
  • Multistream Capability
    Streamlabs Prime users can stream to multiple platforms simultaneously, increasing their visibility and reach without needing additional software.
  • Cloud Backup
    Streamlabs offers cloud backup options, allowing users to save and restore their settings and scenes easily, which can be a significant time-saver.

Possible disadvantages

  • Resource Intensive
    Streamlabs can be demanding on system resources, potentially affecting performance, especially on lower-end hardware.
  • Subscription Model
    Some of the more advanced features and tools are locked behind a Streamlabs Prime subscription, which may be a barrier for some users.
  • Occasional Stability Issues
    Users have reported occasional crashes and software bugs, which can disrupt streams and lead to a poor user experience.
  • Limited Compatibility
    Streamlabs is primarily designed for Windows and MacOS, limiting its usability for those who prefer or require Linux-based systems.
  • Over-Saturation of Features
    The abundance of features can be overwhelming for new users, leading to a steeper learning curve despite the generally user-friendly design.

Analysis

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

Splitwise
Streamlabs

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

  • Overall, Streamlabs is considered a good tool for streamers looking for a comprehensive streaming solution. While it has a strong feature set, some users have reported performance issues or bugs, which can vary depending on the user's system and setup. Streamlabs' continuous updates and customer support help mitigate these issues, maintaining its reputation as a reliable streaming software.

Why this product is good

  • Streamlabs is a popular choice for live streamers due to its user-friendly interface, extensive customization options, and integration with various platforms like Twitch and YouTube. It offers a range of features such as alerts, themes, widgets, and analytics that help streamers enhance their broadcasts and engage with their audience. Additionally, Streamlabs provides a free version with essential features and a premium version with advanced capabilities, making it accessible to both beginners and professional streamers.

Recommended for

    Streamlabs is recommended for new streamers seeking an easy-to-use setup, experienced streamers interested in advanced features and customization, and content creators who prefer an all-in-one streaming solution that integrates seamlessly with popular streaming platforms.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Streamlabs 3 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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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
Streamlabs
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
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
Streamlabs no reviews yet

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Splitwise 0 mentions
Streamlabs 66 mentions

Tracking Splitwise since Mar 2021.

  • streamlabs website keeps forgetting about me
    When visiting streamlabs.com, I am almost always sent through the setup process despite the fact that I've been through it multiple times. I have the desktop app and have even streamed unlisted videos as tests (everything seems fine from... Source: over 3 years ago
  • Alerts do not work during stream on OBS, but works fine when I'm not streaming.
    Nono I meant when I test out the widgets on streamlabs.com or whatever it pops up like it should on OBS or streamlabs the app for that matter, but the alerts don't pop up exclusively when I stream. Source: over 3 years ago
  • Twitch's Alerts: CSS Issues
    I use a special font I purchased which is Sidefont. As I wrote it, the base64 URL I got from fontsquirrel works perfectly with streamlabs.com and streamelements alerts boxes. How can I create a shorter URL like you mentioned? Source: over 3 years ago

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Alternatives to Splitwise and Streamlabs

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