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Splitwise VS TeamPassword

Compare Splitwise VS TeamPassword 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?
TeamPassword

TeamPassword helps you manage and share access to the apps, services, and tools your team needs to keep projects moving.

Rating
0 reviews
Pricing
Free trial $5 / Monthly (per user)
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Captain Compliance
Leader in data privacy software to automate privacy compliance requirements. Our team of privacy experts provide enterprise grade solutions at a mid-market price with white glove service to help with complex privacy requirements. 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?

Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 213

Base details

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

Splitwise
TeamPassword
Website splitwise.com teampassword.com
Pricing —
Free trial $5 / Monthly (per user) Official pricing
Platforms —
Web Google Chrome Edge Safari Firefox iOS Android +4
Company — 2012
Listed in
Personal Finance Expense Tracking Bill-Splitting Apps Finance +1
Password Management Password Managers Security & Privacy Web Security +1

About Splitwise and TeamPassword

In their own words, as submitted to SaaSHub.

Splitwise
TeamPassword

No description of Splitwise yet.

TeamPassword was founded to make it easier to share and update team passwords safely. We use best practice encryption methods, have a built-in password generator, optional mandatory 2FA, and Google SSO. TeamPassword's mobile apps and browser extensions make accessing team records easy -...

Read more about TeamPassword

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
TeamPassword 7 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.
  • Password Generator
    Create strong unique passwords of up to 32 characters with the click of a button using our built-in password generator.
  • Google SSO
    Users can sign-in to TeamPassword using their Google account details (available with every plan!)
  • Unlimited Groups
    There is no limit to the number of groups you can create to share records with.
  • Unlimited Records
    Create and share as many records as you want, from web logins to credit cards and more!
  • 2FA
    Add an extra layer of security by requiring users to use 2FA to login to their TeamPassword account.
  • Private Vaults
    Every user can save their own personal records in their private vault.
  • Activity Log
    Admins can monitor record access and activity using the built-in filterable activity log.

Analysis

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

Splitwise
TeamPassword

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, TeamPassword is a good solution for teams looking to manage passwords effectively. It balances ease of use with security features, making it suitable for both small teams and larger organizations. However, as with all password management tools, it's important to evaluate if the specific features and integrations offered align with your team's needs.

Why this product is good

  • TeamPassword is generally considered effective because it offers a user-friendly way to manage and share team passwords securely. It provides features such as browser extensions, mobile apps, and a password generator, which enhance productivity and ensure secure management of credentials. The platform allows for easy collaboration without compromising security, making it ideal for teams that need to manage multiple accounts.

Recommended for

    TeamPassword is recommended for teams and businesses of all sizes that require a centralized, secure platform for managing and sharing account credentials. It's particularly useful for teams that frequently onboard new members and need a streamlined process for sharing login details securely.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
TeamPassword 4 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

Adhere Creative Customer Testimonial

More videos

  • - TeamsID Explainer Video (Demo)
  • - Five Reasons Why You Should Use TeamPassword
  • - TeamPassword Getting Started Guide

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
TeamPassword
100% 100%
Personal Finance
0% 0%
0% 0%
Security & Privacy
100% 100%
100% 100%
Expense Tracking
0% 0%
0% 0%
Identity And Access Management
100% 100%

Questions & Answers

As answered by people managing Splitwise and TeamPassword.

How would you describe the primary audience of your product?

TeamPassword's answer:

Small to medium-sized businesses that either don't have a dedicated IT team or do have one that is already working at capacity. Agencies, nonprofits, brick and mortar stores that are looking for something that works, but isn't complicated.

Why should a person choose your product over its competitors?

TeamPassword's answer:

If you're looking to simplify your life instead of adding one more complex tool to your suite of tools. If you're looking to safely store and share access to online accounts with others. If your organization lacks a dedicated IT team with the bandwidth to micromanage your users.

What makes your product unique?

TeamPassword's answer:

  • TeamPassword prioritizes ease of use. Our intuitive user interface makes it easy to create, store, and share records.
  • TeamPassword includes Google SSO with all plans

What's the story behind your product?

TeamPassword's answer:

TeamPassword was created in 2012 as an internal tool to help with employee onboarding and offboarding. The purpose was to simplify the process by allowing admins to share and unshare a group of records with one click of a button.

User comments

Share your experience with using Splitwise and TeamPassword. 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
TeamPassword no reviews yet

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Alternatives to Splitwise and TeamPassword

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

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