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Splitwise VS Sumtracker

Compare Splitwise VS Sumtracker 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!

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0 reviews
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Sumtracker

Inventory management and replenishment software for Shopify and Amazon merchants

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Rating
0 reviews
Pricing
Paid Free trial $59 / Monthly (Manage, up to 2,500 orders/yr)
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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 37

Base details

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

Splitwise
Sumtracker
Website splitwise.com sumtracker.com
Pricing —
Paid Free trial $59 / Monthly (Manage, up to 2,500 orders/yr) Official pricing
Platforms —
Shopify Amazon eBay Etsy WooCommerce BigCommerce +3
Company — Startup from India · 10 - 19 employees · 2020
Listed in
Personal Finance Expense Tracking Bill-Splitting Apps Finance +1
Inventory Management Multichannel Order Management eCommerce Purchase Order Management Inventory Replenishment +2

About Splitwise and Sumtracker

In their own words, as submitted to SaaSHub.

Splitwise
Sumtracker

No description of Splitwise yet.

Sumtracker is inventory management and replenishment software for Shopify and Amazon merchants, from single-store brands to multi-channel sellers. The platform solves three problems that quietly cost D2C brands the most money: overselling across channels, stockouts on bestsellers, and...

Read more about Sumtracker

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Sumtracker 9 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.
  • Multi Channel Inventory Management
    Real-time inventory sync across Shopify, Amazon, Etsy, eBay, and Walmart, with overselling prevention.
  • Inventory Replenishment
    Automated reorder suggestions based on sales history, so you know what to order and when
  • Bundles and Kits
    Create and manage bundles with component-level inventory tracking.
  • Purchase Order Management
    Purchase orders, stock transfers, and supplier management (Replenish plan).
  • Reporting
    Inventory reports, sales reports, valuation, and audit logs.
  • Low Stock Alerts
    Notifications when stock falls below set levels, to prevent stockouts.
  • User permission
    Team access controls and a detailed user action log, with warehouse-level permissions on the Replenish plan.
  • Stocktake
    Stocktakes and cycle counts from phones, tablets, or barcode scanners.
  • Stock Transfers
    Move stock between warehouses (Replenish plan).

Analysis

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

Splitwise
Sumtracker

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 Sumtracker yet.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Sumtracker 0 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

No Sumtracker 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
Sumtracker
100% 100%
Personal Finance
0% 0%
0% 0%
Inventory Management
100% 100%
100% 100%
Expense Tracking
0% 0%
0% 0%
eCommerce
100% 100%

Questions & Answers

As answered by people managing Splitwise and Sumtracker.

What makes your product unique?

Sumtracker's answer:

Sumtracker targets the costliest D2C inventory problems: overselling across channels, stockouts on bestsellers, and overstocking on slow movers.

Why should a person choose your product over its competitors?

Sumtracker's answer:

Real-time multi-channel sync, demand forecasting with automated replenishment, and purchase order automation in one platform.

How would you describe the primary audience of your product?

Sumtracker's answer:

D2C and e-commerce brands selling on Shopify and Amazon, from single-store brands to multi-channel sellers.

What's the story behind your product?

Sumtracker's answer:

Founded in December 2020 by Ankit Goyal (CEO) and Kush Goyal (CTO). Bootstrapped and profitable, serving 2,000+ brands across 50+ countries.

Which are the primary technologies used for building your product?

Sumtracker's answer:

Sumtracker is a cloud-based SaaS platform hosted on Google Cloud Platform in the United States.

Who are some of the biggest customers of your product?

Sumtracker's answer:

Huddled Group (UK) Dooney & Bourke (US) Beauty Heroes (US) Hippo Blue (AU) EasyPlant (US) Kinn Studio (US) Ozdingo (AU) Dandy Worldwide (US) Zebra (US) Logitech Club (HK) White & Co Living (AU)

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
Sumtracker no reviews yet

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