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Splitwise VS ToolJet

Compare Splitwise VS ToolJet and see what are their differences

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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

Splitwise logo 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!

ToolJet logo ToolJet

Open-source alternative for Retool
  • Splitwise Landing page
    Landing page //
    2023-01-23
  • ToolJet Landing page
    Landing page //
    2023-09-07

Splitwise features and specs

  • 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 of Splitwise

  • 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.

ToolJet features and specs

  • Open-source
    ToolJet is an open-source platform, which means you can customize the tool to fit your specific needs while also benefiting from community contributions and transparency.
  • No-code/Low-code
    ToolJet allows users to build powerful applications with minimal to no coding, making it accessible to non-developers and reducing the time required to develop applications.
  • Integration
    ToolJet offers integrations with various databases, APIs, and third-party services, enabling seamless data flow and interaction with other tools.
  • Extensibility
    The platform can be extended with custom widgets and functionalities, allowing developers to add specific features not available out-of-the-box.
  • Community Support
    As an open-source tool, ToolJet has a growing community of users and developers who contribute to its development and provide support through forums and repositories.

Possible disadvantages of ToolJet

  • Learning Curve
    Despite its no-code nature, there might be a learning curve for non-developers unfamiliar with the concepts of application building and data management.
  • Documentation
    As with many open-source projects, documentation quality can vary and may not be as comprehensive as that of commercial alternatives.
  • Scalability
    Depending on deployment and usage, scaling applications might require additional infrastructure management and technical know-how.
  • Support
    While community support is available, it might lack the immediate and guaranteed assistance found in commercial products with dedicated support teams.
  • Feature Gaps
    Being a relatively newer and open-source tool, ToolJet may lack some advanced features found in more mature or commercial platforms.

Analysis of Splitwise

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.

Analysis of ToolJet

Overall verdict

  • Overall, ToolJet is considered a reliable and efficient tool for building applications fast, especially suited for teams looking to reduce development time and costs while maintaining flexibility and control over their projects.

Why this product is good

  • ToolJet is a low-code platform that allows developers and teams to build and deploy applications quickly without extensive coding. It includes a variety of built-in features such as integrations with databases and APIs, drag-and-drop interface components, and collaborative tools that facilitate teamwork. Its open-source nature also allows users to customize and extend its functionalities as needed.

Recommended for

  • Startups looking to prototype quickly
  • Developers seeking to reduce coding time
  • Teams requiring a collaborative development environment
  • Organizations wanting to build internal tools efficiently
  • Non-developers needing to create applications with minimal coding

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

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

ToolJet videos

+ Add

ToolJet - Introduction

More videos:

  • Review - FOSS Meetup - July 2021 | AdonisJS | Cloud Native chaos | ToolJet | FOSS United

Category Popularity

0-100% (relative to Splitwise and ToolJet)

Splitwise

ToolJet

Personal Finance
100 100%
Personal Finance
0% 0
No Code
0 0%
No Code
100% 100
Expense Tracking
100 100%
Expense Tracking
0% 0
Developer Tools
0 0%
Developer Tools
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Splitwise and ToolJet

Splitwise Reviews

12 Best Bill Splitting Apps in 2023
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 this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
Source: www.mobileappdaily.com
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
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 application also keeps everyone updated about their balances and recent transactions.
Source: www.how2shout.com
Best Bill-Splitting Apps
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. Once youโ€™ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
Source: www.thebalancemoney.com
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...
Source: www.softwaresuggest.com

ToolJet Reviews

Top 9 Low-Code Tools for 2023 for low-code development
Tooljet is a low-code development platform that empowers users to build web and mobile applications without extensive coding knowledge. It offers a drag-and-drop interface, pre-built templates, and a range of components for rapid application development. Tooljet supports integrations with popular databases and external services, allowing users to create dynamic and...
Source: blog.illacloud.com
Appsmith vs. Tooljet: Which Low-Code Platform is Better for You?
In this blog post, we will compare two popular LCDPs for building internal tools: Appsmith and Tooljet. We will also introduce ILLA Cloud, a new and innovative LCDP that offers a viable alternative to Appsmith and Tooljet.
Source: blog.illacloud.com

Social recommendations and mentions

Based on our record, ToolJet seems to be more popular. It has been mentiond 13 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Splitwise mentions (0)

We have not tracked any mentions of Splitwise yet. Tracking of Splitwise recommendations started around Mar 2021.

ToolJet mentions (13)

  • Building an intelligent CRM using ChatGPT, PostgreSQL, and ToolJet
    You can also download its JSON file and import it into a ToolJet app, but you'll need to provide your Sendinblue credentials and OpenAI API key. - Source: dev.to / about 3 years ago
  • Adding ability to import packages using Micropip to our low-code web framework - ToolJet
    You can quickly try out this feature on ToolJet Cloud (https://tooljet.com) or on your local machine (https://docs.tooljet.com/docs/setup/try-tooljet). Source: over 3 years ago
  • Building Recruitment Management App using Appwrite and ToolJet (Part 1)
    ToolJet (https://github.com/ToolJet/ToolJet): A free and open-source low-code platform that allows you to quickly build applications. Sign up here. - Source: dev.to / over 4 years ago
  • Build a coupon code manager app in 30 minutes
    This tutorial will guide you to build a CRUD app that will let you create new coupons, edit or delete existing coupons. We will be using ToolJet to build this application and will use Google Sheets as the data source. - Source: dev.to / over 4 years ago
  • Best (Free) Web-based Front-end Form for an SQL Database
    Checkout https://retool.com/ or https://tooljet.com/. Built for exactly this purpose. Source: over 4 years ago
View more

What are some alternatives?

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

Tricount - Manage and share expenses with friends

Retool - Build custom internal tools in minutes.

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

Appsmith - Appsmith is an open source web framework for building internal tools, admin panels, dashboards, and workflows.

Splid - Splid helps friends manage their money.

Budibase - What Wordpress is to websites, Budibase is to web apps. Budibase is a free and open source web app builder for creating, launching and growing web applications. Budibase eliminates repetition and dramatically reduces development time. Check it out.

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