Software Alternatives, Accelerators & Startups

Twist VS Splitwise

Compare Twist VS Splitwise and see what are their differences

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Twist logo Twist

Check fewer notifications, do more meaningful work. Twist is the team communication app for calmer, more organized, and more productive teamwork.

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!
  • Twist Landing page
    Landing page //
    2023-04-17
  • Splitwise Landing page
    Landing page //
    2023-01-23

Twist features and specs

  • Asynchronous Communication
    Twist is designed for asynchronous communication, which can help teams focus on deep work without constant interruptions.
  • Threaded Conversations
    The platform organizes discussions into threads, making it easier to follow and reference past conversations.
  • Searchable History
    Twist offers robust search capabilities, allowing users to easily find past messages and files.
  • Integrations
    Twist supports integrations with other tools like Google Drive, Trello, and GitHub, streamlining workflows.
  • Focus on Work-Life Balance
    Twist promotes a healthier work-life balance by reducing the pressure to respond immediately, unlike real-time chat tools.

Possible disadvantages of Twist

  • Learning Curve
    New users may find the interface and the concept of asynchronous communication challenging to get used to initially.
  • Limited Real-Time Capabilities
    For teams that require instant communication, Twist's emphasis on asynchronous messaging can be a drawback.
  • Less Popular
    Compared to other collaboration tools like Slack, Twist has a smaller user base, which might limit community support and third-party integrations.
  • Cost
    While there is a free version, advanced features are available only in the paid plans, which might be a consideration for budget-conscious teams.
  • Notification System
    Some users report that Twist's notification system can be less intuitive or less immediate compared to real-time chat platforms.

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 Twist

Overall verdict

  • Overall, Twist is considered a good tool for teams that value clear, organized communication without the constant interruption of real-time chat. It is particularly beneficial for remote and distributed teams who work across different time zones.

Why this product is good

  • Twist is popular due to its focus on asynchronous communication, which helps reduce the pressure of constant notifications and the 'always-on' culture that traditional real-time chat applications can foster. It offers organized and threaded conversations, making it easier to follow discussions and find necessary information. Its clean and user-friendly interface, along with integrations with other productivity tools, further adds to its appeal.

Recommended for

    Twist is recommended for teams and organizations that prioritize deep work and need a communication tool that supports async workflows. It is especially suited for remote teams, freelancers, and any groups aiming to minimize distractions while maintaining effective communication.

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.

Twist videos

Twist | Full Review: Slack Killer?!

More videos:

  • Review - These are still LEGAL! Twist Disposable Pods Review!
  • Review - Twist Review: Features, Pricing & Thoughts

Splitwise videos

Splitwise - iPhone App Review! [2020]

More videos:

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

Category Popularity

0-100% (relative to Twist and Splitwise)
Communication
100 100%
0% 0
Personal Finance
0 0%
100% 100
Productivity
100 100%
0% 0
Expense Tracking
0 0%
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 Twist and Splitwise

Twist Reviews

15 Best Instant Messaging Apps for Business
Twist organizes all team communication in one central location. Team conversations can be grouped by channels that can be public or private, and messages can be sent without interfering with thread discussions.
Source: clariti.app
14 of the Best Slack Alternatives for 2022
Twist is the communication software ideal for asyncronous teams. Its model moves away from real-time conversations into "deeper, structured communication" via their "Threads" feature. Instead of a group chat, users must designate a specific "thread" for conversations related to that topic. One-on-one and small group chat is also available for conversations that don't require...
Twist vs Slack: The Calmer Way to Work
Related articles Twist vs. Email: The More Organized Way to Work What are the benefits of using Twist with Todoist? How guests work in Twist How to use Twist and Todoist together Access & Security FAQs

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...
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.
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...
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,...

Social recommendations and mentions

Based on our record, Twist seems to be more popular. It has been mentiond 23 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.

Twist mentions (23)

  • Show HN: Dock โ€“ Slack minus the bloat, tax, and 90-day memory loss
    The reasoning behind the product seems incredibly similar to Twist[0]. What would be the key differences besides โ€œnew is always betterโ€? [0]: https://twist.com. - Source: Hacker News / 6 months ago
  • Shopify is acquiring the Threads team
    If you are looking for an alternative thatโ€™s even more async than Threads, check out https://twist.com/ We (Doist) have been developing it since 2015. - Source: Hacker News / about 2 years ago
  • A list of SaaS, PaaS and IaaS offerings that have free tiers of interest to devops and infradev
    Twist.com โ€” An asynchronous-friendly team communication app where conversations stay organized and on-topic. Free and Unlimited plans are available. Discounts are provided for eligible teams. - Source: dev.to / over 2 years ago
  • Atlassian to buy Loom for nearly $1B
    Doist Inc. With Twist (https://twist.com). A sane replacement for slack that focus on making your life easier, and get actual job done by levering the concept of "threads" s first-class citizen that bridge the gap between instant chat where direct communication is needed and task manager where you need to declare a discussion to be open or closed. They side with the "Deep Work" philoshopy, and encourage (written)... - Source: Hacker News / over 2 years ago
  • I don't want this to happen to my own startup. What do you recommend?
    I Use a system like Twist for internal communication that encourages thoughtful responses, allows you to search through it later to get to how decisions were arrived at, and doesn't distract you all day like slack does. Source: about 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 Twist and Splitwise, you can also consider the following products

Slack - A messaging app for teams who see through the Earth!

Tricount - Manage and share expenses with friends

Mattermost - Mattermost is an open source alternative to Slack.

Splid - Splid helps friends manage their money.

Flock - A faster way for your team to communicate

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