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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Organize purchase receipts, track warranty deadlines, and download a searchable offline copy with your photos and PDFs.
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Which is more popular?
Based on our record, Troops
seems to be more popular. It has been mentioned
1 time
since March 2021.
social mentions
0 vs 1
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 85
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.
Seamless Integration Troops offers seamless integration with Salesforce, enabling users to automate workflows and manage CRM data directly within messaging platforms like Slack and Microsoft Teams.
Real-Time Notifications Provides real-time notifications and alerts for key CRM activities or updates, ensuring that sales teams stay informed and can act promptly.
User-Friendly Interface The platform features an intuitive, user-friendly interface that simplifies the process of updating and accessing CRM data, reducing the learning curve for new users.
Customizable Workflows Allows for highly customizable workflows and automation rules, making it flexible enough to cater to the specific needs of different organizations.
Increased Productivity By automating routine tasks and providing easy access to necessary information, Troops significantly boosts team productivity and efficiency.
Possible disadvantages
Cost Troops can be relatively expensive, especially for small businesses or startups, as it involves a subscription-based pricing model.
Limited Platforms As of now, Troops primarily supports Salesforce and may not be as effective for organizations using other CRM systems like HubSpot or Zoho CRM.
Learning Curve for Advanced Features While basic functionalities are easy to use, leveraging more advanced features and customizations may require additional training and time.
Dependency on Slack and Microsoft Teams Troops heavily relies on platforms like Slack and Microsoft Teams for its functionality. This could be a limitation for organizations that use different collaboration tools.
Limited Offline Support Troops is designed to work in real-time and requires an internet connection. There is limited functionality for offline access or updates.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseTroops
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
Troops.ai is generally considered a good option for teams looking to streamline communication and processes within platforms like Salesforce and Slack.
Why this product is good
Troops.ai offers real-time CRM data synchronization, notifications, and workflow automation that enhance team collaboration and decision-making. Its integration with popular communication tools like Slack allows instant updates and reminders, improving responsiveness and alignment across sales and customer service teams.
Recommended for
Troops.ai is recommended for sales teams, customer service teams, and any organization using Salesforce that wants to improve communication efficiency and data accessibility through Slack or Microsoft Teams. It's particularly useful for teams wanting to automate routine tasks and focus more on strategic activities.
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....
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