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Splitwise VS Teamhood

Compare Splitwise VS Teamhood 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
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Alternatives Is it good?
Teamhood

Project management that knows who's actually available. See each person's whole week across every project, catch overloads while you plan, and keep plans intact when work shifts. Capacity planning included, not an upgrade tier.

Rating
0 reviews
Pricing
Paid Free trial €5 / Monthly (per User)
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Alternatives Is it good?
Deciphrfi
The intelligent crypto financial operation system. sponsored
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, Teamhood seems to be more popular. It has been mentioned 12 times since March 2021.

social mentions
0 vs 12
Personal Finance popularity
100% vs 0%

Base details

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

Splitwise
Teamhood
Website splitwise.com teamhood.com
Pricing —
Paid Free trial €5 / Monthly (per User) Official pricing
Platforms —
Browser
Company — 2020
Listed in
Personal Finance Expense Tracking Bill-Splitting Apps Finance +1
Project Management Cross-Project Management Resource Management Capacity Planning Time Tracking Gantt Charts Task Management Team Task Management Kanban Boards +6

About Splitwise and Teamhood

In their own words, as submitted to SaaSHub.

Splitwise
Teamhood

No description of Splitwise yet.

Teamhood is project management with resource planning built in. It's made for delivery leads, PMOs and organizations running many projects across the same people, and it shows each person's total load across every project before you commit them to new work. Someone can be allocated 30% on...

Read more about Teamhood

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Teamhood 16 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.
  • Project Management
  • Project Tracking
  • Task management
  • Task dependencies
  • Task Board View
  • Task dasboard
  • Team Collaboration
  • Team Management
  • Time Tracking
  • Timesheets
  • Time Tracking Reports
  • Comments
  • Capacity Planning
  • Attaching files to tasks
  • Gantt Timeline
  • Resource Management

Analysis

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

Splitwise
Teamhood

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 Teamhood yet.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Teamhood 5 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

Product overview

More videos

  • - Getting started
  • - Teamhood Review | Pros and Cons – Watch Before Using
  • - Teamhood Quick Tutorial
  • - 🔥 Teamhood Review: Streamlined Project Management with Kanban and Gantt Integration

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
Teamhood
100% 100%
Personal Finance
0% 0%
0% 0%
Project Management
100% 100%
100% 100%
Expense Tracking
0% 0%
0% 0%
Task Management
100% 100%

User comments

Share your experience with using Splitwise and Teamhood. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Splitwise no reviews yet
Teamhood 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
Teamhood 12 mentions

Tracking Splitwise since Mar 2021.

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Alternatives to Splitwise and Teamhood

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

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