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Toptal VS Splitwise

Compare Toptal VS Splitwise and see what are their differences

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

Toptal logo Toptal

Hire the Top 3% of Freelance Talentยฎ. Toptal is an exclusive network of the top freelance software developers, designers, finance experts, product managers, and project managers in the world.

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!
  • Toptal Landing page
    Landing page //
    2021-09-11
  • Splitwise Landing page
    Landing page //
    2023-01-23

Toptal features and specs

  • Headquarters
    San Francisco, CA

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.

Analysis of Toptal

Overall verdict

  • Toptal is recommended for businesses and individuals seeking highly skilled freelancers and who value quality and reliability over cost. The platform is especially advantageous for those who require experts for complex projects where specialized knowledge and experience are paramount.

Why this product is good

  • Toptal is considered good because it maintains a rigorous screening process to ensure that it only connects clients with top-tier freelancers. This ensures a high level of quality and expertise, whether you need developers, designers, or finance experts. The platform also offers a variety of freelance talent spanning multiple industries, which can be appealing for businesses looking for specific skills. Additionally, their customer service and flexible engagement models are appreciated by many users.

Recommended for

    Toptal is best suited for companies in need of software developers, designers, project managers, and finance experts who have been vetted to meet high standards. It's particularly beneficial for startups, SMEs, and larger enterprises looking for flexibility and top-tier talent without committing to long-term employment.

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.

Toptal videos

+ Add

Upwork, Freelancer, Fiverr or TopTal? How to Pick a Freelancing Platform

More videos:

  • Review - Toptal Review by CNBC's Squawk Box
  • Review - Toptal Review - Remote Consulting Freelance Technology

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

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

Category Popularity

0-100% (relative to Toptal and Splitwise)

Toptal

Splitwise

Freelance Marketplace
100 100%
Freelance Marketplace
0% 0
Personal Finance
0 0%
Personal Finance
100% 100
Work Marketplace
100 100%
Work Marketplace
0% 0
Expense Tracking
0 0%
Expense Tracking
100% 100

User comments

Share your experience with using Toptal and Splitwise. For example, how are they different and which one is better?
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Reviews

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

Toptal Reviews

Top 16 Remote Job Boards to Help You Hire Faster
Why Itโ€™s Great: Toptalโ€™s pre-vetted freelancers guarantee a faster and more reliable hiring process. You wonโ€™t waste time filtering out unqualified applicants, making it the ideal platform for businesses needing top-tier professionals on short notice.
Source: www.remotelytalents.com
Comparing Andela, Turing, Toptal, Micro1, Arc.dev, and Wajusoft
Renowned for its rigorous selection process, Toptal claims to accept less than 3% of applicants. This exclusivity is backed by a comprehensive screening that spans skill assessments, live coding challenges, and in-depth personality evaluations. The entire vetting process can take up to five weeks, a testament to Toptal's commitment to quality.
Source: www.wajusoft.com
The 10 Best Alternatives to Upwork
Next up on our list of Upwork Alternatives is Toptal. This site is a large freelance platform that connects businesses with the top 3% of talent in various industries, including design, development, project management, and finance.
Source: www.twine.net
UPWORK ALTERNATIVES: THE 10 BEST PLATFORMS FOR FINDING FREELANCERS
Toptal focuses on providing experts in software development, design, finance, and project management. It rigorously screens its talent pool to ensure only the best professionals are available for hire.
Source: medium.com
Top Sites Like Fiverr โ€“ The Best Alternatives For Freelancers in 2022
Toptal is a network for independent product managers, finance specialists, etc. Jobs across a wide range of industries, including finance, healthcare, and e-commerce, are simple to discover. Before applying for a job, Toptal site visitors undergo testing and vetting. For their tasks, several well-known firms use Toptal to find freelancers.
Source: digitalconqurer.com

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

Social recommendations and mentions

Based on our record, Toptal seems to be more popular. It has been mentiond 19 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.

Toptal mentions (19)

  • How to Make Money From Coding: A Beginner-Friendly Practical Guide
    Toptal: For experienced developers, higher-paying jobs. - Source: dev.to / almost 2 years ago
  • Finding Cybersecurity / vCISO or Quality Assurance Jobs
    We noticed that the flexibility and diversity of work available to software developers is impressive. Platforms like https://a.team, https://moonlightwork.com, toptal.com and https://fraction.work are offering freelancing, part-time, and even fractional opportunities serving software enegineers with a plethora of new, innovative ways of working. Source: about 3 years ago
  • I dont want to learn "เคกเคพเคŸเคพ เคธเค‚เคฐเคšเคจเคพเคเค เค”เคฐ เคเคฒเฅเค—เฅ‹เคฐเคฟเคฆเคฎ" but want a good job.
    Even at the application level, most people get away with it because those DSA are implemented in the underlying libraries or framework which you just call from your code. But if you were ever asked to debug that library/framework some day, then you'll definitely need to know DSA. Leading institutions like Toptal indeed ask you to do score well in DSA. Source: about 3 years ago
  • The Definitive Guide to Building and Managing a Successful Remote Development Team
    In today's digital age, more and more businesses are turning to remote developers to help build their products. However, finding and managing remote talent can be a daunting task for many employers. Letsremotify offers a solution by connecting businesses with over 50 million remote professionals worldwide through their platform. They also provide a detailed guide to help employers write effective job descriptions,... Source: over 3 years ago
  • Anyone working as freelance Designer in Toptal?
    Is there anyone who is working as Freelance designer in Toptal? Need help. I would be grateful if anyone can help. Source: over 3 years ago
View more

Splitwise mentions (0)

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

What are some alternatives?

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

Upwork - Forget the old rules. You can have the best people. Right now. Right here.

Tricount - Manage and share expenses with friends

Freelancer.com - Search for jobs related to Www freelancer com homepage or hire on the world's largest freelancing marketplace with 12m+ jobs. It's free to sign up and bid on jobs.

Splid - Splid helps friends manage their money.

Guru - Guru makes it easy for employers and freelancers to connect, collaborate and get work done flexibly and securely. Browse 1. 5 million freelancers for hire and thousands of projects.

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

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