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Cost Splitting Platforms

The Splittr App Helps Users Divide Up Bills Between Groups

— June 17, 2015 — Tech
The Splittr app by Raphael Wichmann helps simplify the process of dividing up funds owed by large groups. As payment splitting is often a complicated and draining task, this smartphone system is highly appealing, especially for gatherings or social events.

Adding to the appeal of Splittr are the many functions offered by way of the system. In addition to separating moneys owed in an easy-to-read fashion, it is also capable of delivering relevant report e-mails to friends, family and co-workers.

Users from all over the work can make use of Splittr as it supports every currency. While it's emphasizes the need for bill splitting while on vacation, it can be applied to a myriad of occasions where more than one person owes cash.
Trend Themes
1. Group Expense Management - Splittr app simplifies the process of dividing up funds owed by large groups, creating an opportunity for innovative solutions in group expense management.
2. Automated Reporting - Splittr app delivers relevant report e-mails to friends, family, and co-workers, presenting opportunities for automation and efficient reporting in various industries.
3. Global Payment Solutions - Splittr app supports every currency, indicating a potential for disruptive innovation in global payment solutions.
Industry Implications
1. Hospitality - Group expense management tools like Splittr can revolutionize the way hotels, resorts, and other hospitality businesses handle payment splitting for group bookings and events.
2. Event Planning - Automated reporting features in apps like Splittr can streamline expense tracking and reporting for event planning companies, reducing manual work and improving efficiency.
3. Financial Technology (fintech) - Splittr's support for every currency opens up opportunities for disruptive innovation in global payment solutions, making it relevant to the fintech industry.
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