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Splitwise VS Visme

Compare Splitwise VS Visme and see what are their differences

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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!

Visme logo Visme

One easy to use online tool to visualize your ideas to engaging Presentations, Infographics and other Visual Content.
  • Splitwise Landing page
    Landing page //
    2023-01-23
  • Visme Landing page
    Landing page //
    2024-07-12

Visme is a whole workshop to empower individual and brands to create ordinary and extraordinary visual brand experiences whether a seasoned designer or a total novice. Visme is empowering over 18 million businesses, individuals, and organizations to create boardroom-ready presentations, engaging charts and infographics, professionally branded documents, Social posts, and everything in between.

Splitwise

Website
splitwise.com
Pricing URL
-
Release Date
-
Edit details

Visme

Website
visme.co
Pricing URL
Official Visme Pricing
Release Date
2013 March
Startup details
Country
United States
State
Maryland
City
Rockville
Founder(s)
Payman Taei
Employees
100 - 249
Edit details

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.

Visme features and specs

  • User-Friendly Interface
    Visme offers a highly intuitive and easy-to-navigate interface, making it accessible for users with varying levels of design expertise.
  • Wide Range of Templates
    Users have access to a large collection of professionally designed templates for presentations, infographics, reports, and social media graphics.
  • Rich Media Integration
    Visme allows users to incorporate videos, audio, and interactive elements seamlessly, enhancing the overall appeal and engagement of the content.
  • Collaboration Features
    The platform supports collaboration, enabling multiple users to work on the same project in real-time, which is beneficial for team-based projects.
  • Export Options
    Visme enables users to export their projects in various formats, including PDF, JPG, PNG, and HTML5, providing flexibility for different use cases.

Possible disadvantages of Visme

  • Pricing
    While Visme offers a free version, many advanced features are locked behind a subscription plan, which might be expensive for individual users or small businesses.
  • Learning Curve for Advanced Features
    Although the basic functions are user-friendly, some advanced features may require time to master, especially for users without prior design experience.
  • Limited Free Version
    The free version has limitations on the number of projects, available templates, and access to premium assets, which can impede the creation of high-quality content.
  • Performance Issues
    Some users have reported performance issues, such as slow loading times and occasional crashes, particularly when working with larger files.
  • Customizability Restrictions
    Though Visme offers a wide array of templates, the level of customizability can sometimes be limited, which might not satisfy users seeking highly tailored designs.

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 Visme

Overall verdict

  • Overall, Visme is considered a good tool for those who need a robust and flexible platform to create visually appealing content. Its combination of features, ease of use, and competitive pricing make it a valuable tool for individuals and businesses alike.

Why this product is good

  • Visme is a versatile design tool that offers a wide array of features suitable for various types of visual content creation, including infographics, presentations, social media graphics, and more. Its user-friendly interface makes it accessible to both beginners and experienced designers. Visme also offers a variety of templates and design elements that facilitate quick and professional-looking outputs, thereby saving time and effort.

Recommended for

  • Educators and trainers creating engaging presentations and educational materials.
  • Marketers needing to produce visually compelling social media graphics and promotional materials.
  • Small business owners who require professional design tools without the steep learning curve of more complex software.
  • Teams that need collaborative design environments to streamline their projects and presentations.

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

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

Visme videos

+ Add

Visme Review - Design High Quality Graphics For Social Media & More

More videos:

  • Tutorial - How to Make Awesome Infographics (and more!) Quickly with Visme (Review)
  • Review - Visme Review | Visual Content Platform

Category Popularity

0-100% (relative to Splitwise and Visme)

Splitwise

Visme

Personal Finance
100 100%
Personal Finance
0% 0
Design Tools
0 0%
Design Tools
100% 100
Expense Tracking
100 100%
Expense Tracking
0% 0
Presentations
0 0%
Presentations
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 Visme

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 you’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 one’s not a complete budgeting app but it’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

Visme Reviews

8 Best Postcard Design Software for Custom Postcards
When you design postcards, it is possible to choose between one-sided and two-sized options, as well as vertical and horizontal layouts. After the main stage is over and you like what you see on the screen, you can save the design and share it online with other people. If you create content for an online store, it makes sense to add animated graphics and an interactive QR...
Source: fixthephoto.com
Canva Alternatives: 5 Social Media Content Design Tools
There are templates available here as well, and there’s a full range of templates you can choose from, for infographics, presentations or social media content. You can also add charts, videos, audio content and active links to your visuals, publish them from your Visme account or download them in multiple formats for storage or future upload on your chosen platforms.
Source: superdevresources.com
The Best Data Visualization Tools - Top 30 BI Software
Visme lets you turn your data into engaging presentations, infographics, charts, widgets and videos. If you’re not happy with a stock template, you have the option to edit it, and there are a plenty of templates to choose from. You also have the ability to make your graphics interactive by adding buttons and links, and they can be turned into files and published online.
Source: improvado.io
Top 25 SlideShare Alternatives To Create & Share Online Presentations
Visme is a one-stop shop for creating beautiful presentation slides, as well as rich infographics without using any extra software, and which can be shared right away with anyone you want. It’s free to start with, but you’ll reach the basic quota pretty quickly.
Source: slidehelper.com
Let's find the best eBook creator.Here's a List of the 10 best eBook creation software tools:
Visme is an easy-to-customize eBook creator. This platform has multiple templates to choose from. You can easily create content by inserting content into text boxes.
Source: kitaboo.com

What are some alternatives?

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

Tricount - Manage and share expenses with friends

Canva - Canva is a graphic-design platform with a drag-and-drop interface to create print or visual content while providing templates, images, and fonts. Canva makes graphic design more straightforward and accessible regardless of skill level.

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

Prezi - Welcome to Prezi, the presentation software that uses motion, zoom, and spatial relationships to bring your ideas to life and make you a great presenter.

Splid - Splid helps friends manage their money.

Google Data Studio - Data Studio turns your data into informative reports and dashboards that are easy to read, easy to share, and fully custom. Sign up for free.

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