Software Alternatives & Startups

Splitwise VS Yammer

Compare Splitwise VS Yammer 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
Yammer

Yammer is a leading enterprise social network used by more than 200,000 companies worldwide, including 85% of the Fortune 500, to get work done smarter and faster. Sign Up Today.

Rating
0 reviews
Pricing
Open source
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Which is more popular?

Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 235

Base details

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

Splitwise
Yammer
Website splitwise.com yammer.com
Pricing —
Open source
Listed in

About Splitwise and Yammer

In their own words, as submitted to SaaSHub.

Splitwise
Yammer

No description of Splitwise yet.

  www.yammer.comSoftware by Yammer

Read more about Yammer

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Yammer 5 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.
  • Enterprise Integration
    Yammer integrates seamlessly with other Microsoft Office 365 tools, such as SharePoint, Teams, and Outlook, making it easier to align with existing workflows.
  • Enhanced Communication
    Yammer facilitates improved communication across various organizational levels by allowing employees to create groups, share updates, and collaborate on projects in real-time.
  • Community Building
    Yammer helps in fostering a sense of community within an organization by enabling employees to engage in discussions, share knowledge, and recognize each other's contributions.
  • User-Friendly Interface
    Yammer offers a clean, intuitive interface that resembles popular social media platforms, making it easier for users to adopt and use effectively.
  • Mobile Access
    Yammer has a robust mobile app that allows employees to stay connected and participate in discussions on-the-go.

Possible disadvantages

  • Limited Customization
    Yammer offers limited customization options compared to other enterprise social networks, which can be a drawback for organizations with specific needs.
  • Notification Overload
    Users may experience notification fatigue due to the high volume of updates and interactions, making it difficult to focus on important communications.
  • Learning Curve
    Despite its user-friendly interface, there may still be a learning curve for employees who are not familiar with social networking tools, requiring time and training to use effectively.
  • Privacy Concerns
    As an enterprise social network, Yammer stores a significant amount of employee data, raising concerns about data privacy and security.
  • Feature Overlap
    There could be overlap with other collaboration tools like Microsoft Teams, potentially causing confusion or redundancy in communication efforts.

Analysis

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

Splitwise
Yammer

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

  • Yammer is a beneficial tool for enhancing communication and fostering a connected company culture, particularly within organizations that use other Microsoft products. It is considered effective for breaking down silos and improving information flow, though its success heavily depends on how actively employees engage with the platform.

Why this product is good

  • Yammer is a social networking service focusing on communication within organizations. It helps improve collaboration by connecting employees, sharing knowledge, and fostering community engagement. Its integration with Microsoft's suite of products is a key advantage for organizations already using tools like Office 365 and Teams. It provides features such as group collaboration, file sharing, and corporate social networking, which can enhance internal communication and culture.

Recommended for

  • Large enterprises seeking to improve cross-departmental communication
  • Organizations already using Microsoft Office 365 products
  • Companies looking to enhance internal knowledge sharing and community building
  • Remote teams that require a tool for informal communication and collaboration

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Yammer 3 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

What is Yammer?

More videos

  • - When to use Teams, Yammer and SharePoint
  • - Microsoft Office 365 Yammer - Overview

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
Yammer
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

User comments

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Reviews and articles

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

Splitwise no reviews yet
Yammer no reviews yet

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