10 Best Password Managers for Businesses in 2023

LastPass security system has been a pleasant experience for us. We are shocked, therefore, to discover that most end users are hesitant to adopt it, despite their concerns about the number of identities and usernames they possess. We also checked whether the password managers had business-specific features, such as user management, analytics, and audit logs. Lastly, we considered their pricing plans and whether there’s a free trial available. There are three plans available depending on the size of your organization.

If your work devices include smartphones and tablets, you’ll want to make sure to choose one that offers native apps for those devices. You’ll also have the option of installing browser extensions or accessing your vault https://globalcloudteam.com/ through a web-based portal. Sticky Password offers a free password manager for individual users, but business and enterprise users will be interested in the Teams package, which costs $29.99 per user per year.

With LogMeOnce, you can securely give the right individuals (employees, customers & partners) the right access at the right time. Protect your passwords and accounts with LogMeOnce rich features. Business analysts, Forrester Research estimated that each password reset request costs $70 to service. Manage, rotate, and randomize credentials for privileged accounts, used by both people and systems. Just-in-time access to privileged accounts to eliminate standing privileges and always-on privileged accounts. Discover, manage, audit, and monitor privileged accounts and credentials.

  • Stay lightweight or bring in multiple sets of AD connectors and servers.
  • Just as with all company employees, you are using password after password for your internal IT team.
  • Obynt use MSSQL to store the Data centrally for Single or Multi-User.
  • It is highly secure, easy to use, widely supported, and more affordable than some other providers.
  • The best business password managers, like 1Password and Dashlane, offer a wide array of features.

Thycotic offers both on-premises and cloud solutions, with prices starting at £0.01 per unit. There’s also a free version of Secret Server that supports up to 10 users and 250 secrets, or you can get a free trial of the premium version for 30 days. CyberArk is designed for enterprise users, so you’ll have to request a quote to find out how much it will cost for your business. Several of their offerings come with a free trial, and can be customized to suit the specific size and structure of your team. Simplify user management and restrict access on a need-to-know basis. Create entries and folders and share them with users based on groups and user roles.

However, N-Able’s parent company SolarWinds was recently hacked by Russian agents, causing a lot of chaos in systems protected by SolarWinds’s software. While SolarWinds claims to be committed to ensuring user safety, I’m not very confident in its security systems at the moment. CyberArk is an enterprise-grade software that focuses on securing an entire company’s IT systems. Its functionality is advanced and requires a lot of technical know-how.

Keeper Admin Console

Securely share administrative passwords with the members of your team on need basis. Track user access activity and gain visibility into shared application access with built-in reports that provide a comprehensive history of credential updates and access events. Integrate Workforce Password Management with CyberArk Multi-Factor Authentication to require step-up authentication challenges for specific users and apps. “Easy-to-use, secure & all-encompassing way for me to store, share and create credentials.” We also like the platform’s zero-knowledge security architecture, which uses the end-to-end XChaCha20 encryption algorithm to ensure data is never compromised.

Psono enterprise password management system has secure storage with multiple levels of encryption. On top of that, it has two-factor authentication for its users for extra safety. Frustrated by the cyber security threats he faced while running his previous business, OrderYoYo, Hakan Yagci saw a gap in the cyber security market for a product that made effective cyber security simple.

Business password managers need to be easy to install or offer specialists who can help install the software on your company’s systems. They should also have intuitive dashboards and make it simple for both technical and non-technical employees to use all of the available features. I tested my top pickswith my team members to see whether they were really straightforward for everyone to use. I was able to change the settings to automatically remove all business passwords from a user’s account when offboarding them. This is something even top business password managers don’t offer. After reviewing the best password managers for personal use, I thought finding the best business password managers would be easy.

No, Google doesn’t offer a business version of its password manager — its password manager is currently only available for individuals. Excellent security (high encryption, multi-factor authentication, etc.). Organizations with shared machines, like those in a machine shop, hot-desking offices, universities and similar setups will find Sticky Password ideally suited for their employees with its USB installation option. If you’re reading this, there’s a good chance you’ve heard your business needs a password manager, or you’ve found out the hard way that you need one. HashiCorp Vault integrates with identity plugins like Okta, Google Cloud Platform, and SSH, as well as other platforms like AWS and Microsoft Azure.

Audit and Compliance

However, it’s a good idea to offer some training to your employees, especially if you’ll be introducing new multi-factor authentication tools. If you do run into any issues, many password managers offer onboarding and priority tech support for enterprise users. If you need a simple and secure password manager for your team, turn to TeamsID. TeamsID providers a secure and effortless password security solution for enterprises and their teams, helping users manage and access business logins and records with ease. Top features include secure business vault, MySafe personal vault, secret passwords, auto-fill and auto-save, and custom record types.

enterprise password management platform

Besides, organizations can deploy Dashlane to multiple users’ machines in Windows environments using Dashlane’s MSI packages. EPMs generally provide a centralized dashboard to manage and onboard users, review activity, and enforce password policies. On the employee end, each individual user creates a complex password. The employee can then access their accounts in one click using a strong, hashed, or encrypted password. As long as the user creates a strong master password to log into the solution and keeps it confidential, they can greatly reduce their risk of account compromise.

Industry Applications

Launch direct connection to remote IT resources, websites and applications. Support was really helpful, and whole process from testing to buying was fast & convincing. Naturally, both plans are also fully suited for mass deployment in an enterprise enterprise password management platform setting, Dashlane promises. Secures infrastructure secrets such as API keys, database passwords, access keys, certificates and any type of confidential data. Use this platform to configure and enforce business policy for end users.

Securely store private information with LogmeOnce Secure Notes. It’s like a password-protected digital notepad that you create, edit and can even color for easy distinction and search. It’s Access Identity Management, password management, secure & private browsing, PLUS a lot more. Visual OTP is a One Time Password and is independently generated and promptly displayed on both your PC and mobile device so that you can visually compare both OTP codes.

Empower your employees at home

Bring the best in password management practices to your team and your customers. Includes premium features and complimentary families plan for all users. Retrieve passwords even when there is no internet connectivity.

My colleagues and I hand-tested each feature of every product, and we reached a general consensus over whether or not they were any good. PassCamp is secure and very easy to use, but it lacks a lot of features and doesn’t yet have an offline desktop app. However, it has all of the essentials, and it’s very simple to share passwords between team members. I also like that you can create guest accounts for non-employees. PassCamp has two business plans, including the customizableEnterprise plan.

enterprise password management platform

Administrators can allow users to access passwords without revealing them. Seamlessly integrate with your Active Directory, MFA, SSO, and SIEM providers. Ensure zero standing privileges and enforce password compliance for small, medium, and large businesses.

Key features in an Enterprise Password Management solution

Furthermore, it provides a centralized admin dashboard for managing integrations, user credentials, password policies, and compliance reports. It also allows employees to share passwords securely and revoke access to passwords whenever necessary. Yes, in general, password managers are secure enough to protect a business’s passwords. Most password managers use strong encryption, maintain zero-knowledge protocols, and provide extra security features like MFA and cross-platform sharing. Hitachi ID Bravura Pass— Hitachi ID’s password manager offers a lot of features, including advanced IT system integration options.

Netwrix Password Reset

Of these choices, my pick for best password manager easily belongs to Bitwarden — not only because it’s open-source, but because it offers a perfect blend of simplicity and advanced features. Bitwarden works incredibly well on every platform and every browser. Although the free tier isn’t quite as feature-rich as the premium, you still get unlimited passwords and just enough features to make Bitwarden a perfect platform for those new to using a password manager. In addition to being great for users of other Zoho products, Zoho Vault is an ideal choice for businesses that want a lot of features and integrations for the lowest possible price. As mentioned above, even the $0.99 tier offers a lot of features that would cost at least double on other products.

Enterprise Password Management System with multiple login options

Color scheme is one of the most significant factors in your corporate identity. Extend the corporate colors from your LogmeOnce Application to the information and apps you share with your employees, partners and customers. Extend the corporate identity from your IT department to the information and apps you share with your employees, partners and customers. We place your company logo in a prominent spot so that anyone logging in to your portal lands in the same familiar territory.

Privileged Password Management Explained

And they give greater control over credentials and user access to minimize password-related risks. But it’s best if your password manager is flexible enough to scale with your business as it grows. Top password managers like 1Password and Dashlanehave excellent features for everyone, from small teams of under 5 to large enterprises with thousands of employees.