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, Tana
seems to be more popular. It has been mentioned
22 times
since March 2021.
social mentions
0 vs 22
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 167
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.
Flexibility Tana provides a highly flexible structure for organizing information, allowing users to customize their workspace according to their unique needs and preferences.
Interconnectivity The platform enables seamless interconnection of data, making it easier to link related pieces of information and navigate through them efficiently.
User-Friendly Interface Tana offers a clean and intuitive interface that enhances user experience and makes it simple for both beginners and advanced users to organize and manage data.
Collaborative Features It supports collaboration among multiple users, allowing teams to work together efficiently by sharing information and resources in real-time.
Advanced Search Capabilities Tana includes advanced search features that help users quickly find the information they need, even in large datasets.
Possible disadvantages
Learning Curve New users may find the initial setup and understanding of the platform's full capabilities challenging, due to its flexibility and range of features.
Pricing Tana may be considered expensive for individuals or small teams, particularly if they do not fully utilize all the available features.
Limited Integrations Compared to some other tools, Tana has fewer integrations with third-party applications, which might limit its functionality for some users.
Performance Issues Some users have reported performance issues, such as lag or slow response times, especially when handling large amounts of data.
Initial Customization Time Setting up and customizing the platform to suit specific needs can be time-consuming initially, especially for users who have extensive requirements.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseTana
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....
Side note: Those who follow me may be surprised I’d choose Tana over Roam Research. I have extraordinary love for Roam — it was my introduction to this amazing TfT world! — but Tana is a more powerful environment.
Social recommendations and mentions
Recommendations tracked on public social media and blogs since March 2021.
Splitwise0 mentionsTana22 mentions
Tracking Splitwise since Mar 2021.
Show HN: Firm, a text-based work management system
This looks very similar to a FoSS version of Tana: https://tana.inc/ Which is well timed because I've been increasingly leaning more into Tana but also being like "it would really suck if this tool goes away". Having something that has...
- Source: Hacker News
/
about 1 year ago
Show HN: Org-Supertag
Looks great! Would be interested to hear how people are getting on with Tana (https://tana.inc/), the tool from which this idea was borrowed.
- Source: Hacker News
/
almost 2 years ago
Sidebar-like view - am I missing something?
On the https://tana.inc/ page in the use case videos the app looks slightly different.
Source:
about 3 years ago
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