With so many online programs, your business has a lot of passwords to maintain. Plus, many vendors ask you to change your password regularly. They also require long passwords with many difficult-to-recall characters and numbers. It can be time-consuming to try to create and manage all those passwords yourself.
Business password managers can store and recall these passwords for you. The best business password managers are secure, easy to use, compatible with your devices, and cost-effective.
But, how do you know if a password manager is reliable and safe?
We have compiled a list of the top 10 password managers for businesses to help you make an informed decision for your business’s needs.
What Makes a Great Business Password Manager?
The best business password managers have the following key components: excellent cybersecurity, ease-of-use, affordable or free versions, monitoring and reports, and compatibility.
When you consider the best password manager for your business. Check out the reputation of the company. Has this platform been successful in the past? What do others say about the platform? Has it had data breaches in the past? The answers to these questions will help you choose a reliable platform that will store passwords securely.
Passkeys, two-step authentication, and biometrics are also great security measures to look for. Many companies use an AES-256 encryption, which is considered military-grade.
You also want to think about how easy the platform is to use. Will your team members be able to share passwords? Will you need to have a bunch of add-ons or plug-ins to use the password manager? You will want a platform that you and all your employees can use seamlessly. Many companies have auto-fill options, which saves a lot of time.
There are some expensive and inexpensive options for password managers. When deciding which one to choose, consider the best quality for your money. You want to ensure you are spending your money well.
Many platforms offer monitoring and health reports on your password manager, which can be helpful to know when you need to change passwords or when some passwords may be weak or compromised. This is a helpful feature to look out for.
Finally, whatever platform you choose needs to be compatible with the devices you use. If you use mostly desktops in your business, you’ll want a platform that works well on desktops and is compatible with your system and browser.
The same goes for mobile applications. Some of the platforms are better on one than the other, and some have different pricing based on what you use. Make sure if you use both that you find a platform that syncs the data between devices for ease of use.
The Best Business Password Managers
If you are looking for a platform to make signing into your accounts easier, quicker, and more secure, here are the top ten best password managers for businesses:
Keeper is touted as having the best security and ease of use of any password manager. It fills in personal documents and offers 10GB of file storage on family plans. Keeper has a basic, no-frills application with continuous dark web monitoring. Its interface is easy-to-use.
You can sync and store an unlimited number of items in your vault. You can use this system on an unlimited number of devices. It is compatible with apps on Windows, Mac, Linux, Android, and iOS. Keeper also offers browser extensions on Chrome, Firefox, Safari, Edge, and Opera. They also provide an offline mode.
There is no free plan offered by Keeper, but they do have a 30-day free trial. Personal accounts begin at $2.92 a month, but you have to reach out to a sales representative to find out about pricing for 100 or more users.
Business accounts include encrypted vaults for each team member and shared folders. There are also some issues with the autofill functions. Desktop biometrics need stand-alone apps. There are also reports of some customer support issues and difficulties canceling plans.
With two-factor authentication, password sharing, emergency access, password breach scanner, cross-device syncing, biometrics, password generation, secure notes, and autofill features, they are a great option for business password management.
They have multi-platform syncing that allows you to access your encrypted vault from any device. NordPass also provides businesses with password health reports to identify compromised passwords. It also identifies weak and reused passwords. This company is also working on passwordless authentication.
The NordPass authenticator app sidesteps the need for SMS verification, it instead allows you to unlock a TOTP using biometrics through the NordPass app. It also still supports MFA through other authenticator apps and passkeys.
NordPass works with both desktops and mobile devices on multiple operating systems such as Windows, Mac, Linus, Android, iOS, Chrome, Firefox, Edge, Brave, Safari, Opera, and Web.
They offer a free plan with full features, however, it is limited to a single device. But, the business plan can be a bit costly. The premium plan for a single user is about $60 a year. Another downside to this vendor is that it requires two accounts to set up the password manager.
1Password is a password manager that is a one-stop tool for securing your passwords. It auto-fills web forms with saved passwords only when and where it is necessary. You can store unlimited passwords securely in your account. 1Password provides securely stored credentials, a strong password generator, tag and folder organization, two-factor authentication, and a watchtower feature to identify weak passwords.
This provider uses an AES 256-bit encryption to protect your private information. It has a user-friendly interface and compatibility with Mac, iOS, Android, Linux, and Windows. It is also available as a browser extension for Chrome, Brave, Firefox, and Edge. But, the mobile apps don’t have as many features as the desktop apps.
However, this password manager does not have a free option. Business plans begin at $7.99 a month per user, billed annually. The premium versions of this password manager are excellent, but the basic tiers are more limited.
This password manager has been around for a while. They are catered to businesses and offer an easily navigable user interface. They provide two-factor authentication and use AES-256 encryption to protect your sensitive data. This provider has a one-click login, shared folder, secure sharing, Dark Web monitoring, detailed reports, and password generator.
RoboForm’s desktop apps are updated more regularly than their mobile apps. They do not have cloud storage and no live chat support options for free users. Yet, they are affordable and have reliable security features.
RoboForm is compatible with iOS and Android. You can also get their browser extension on several web browsers including Chrome, Firefox, Opears, Microsoft Edge, and Safari.
The premium package starts at $0.99 a month, which is billed every 5 years.
For a more budget-friendly option, Bitwarden is an open-source provider with annual security audits and a secure password management system. It has one of the best free plans. With Bitwarden, you can use their free password manager on an unlimited number of devices and store an unlimited number of passwords. You can also share passwords with other users with the free option. It also has a unique password generator, an encrypted vault export, and two-factor authentication.
If you upgrade to the premium plans, you can get health reports for your vault, 1 GB of file storage, emergency access, and multifactor authentication. These plans begin at as low as $3 a month billed annually.
Bitwarden is available on Windows, Mac, Linux, Android, and iOS. It is also available on browsers like Chrome, Safari, Firefox, Brave, and DuckDuckGo.
The downside to this password management system is that if you lose the master password, there is no way to recover your account.
Norton is one of the most popular password management systems. It uses AES 256-bit encryption and two-factor authentication for security. It works with a management system with a master password that unlocks a password vault of all your other passwords. Within the management system, you have a dashboard where you can keep track of all your passwords.
It is an easy-to-use system that offers a free option that allows you to track an unlimited number of passwords. You can sync your logins across all of your devices. They also securely store your credit card information to make it easier for you to make purchases.
However, since Norton uses zero-knowledge protocols, if you forget your main password, you can be locked out of all your accounts.
You can upgrade Norton for greater security options. The price starts at $19.99 for the first year and increases to $59.99 for subsequent years.
You cannot share passwords with this password manager and Norton offers a very basic password management software that is best for beginners and businesses with basic needs.
Dashlane has intuitive desktop software and a bulk password changer that make it appealing to businesses with a large number of passwords to manage. It uses biometric login features like Face ID, Pixel Face unlock, and TouchID. It also auto-fills forms and has two-factor authentication.
This password manager offers dark-web monitoring and unlimited VPN service with its premium plan. Yet, this manager can be costly. The premium plan starts at $60 a year. They do offer a free version that is only available for use on a single device.
With LastPass, you can get business, personal, and family plans. It features AES-256 data encryption, password storage, secure password sharing, and one-click form fillers for passwords and credit card information.
What makes it great for business teams is its ability to easily share and remove people. This helps you share secure passwords, Wifi logins, and software licenses with all your team members. Users can log into multiple systems at the same time with secure passwords. The platform is also highly rated for being easy to use. It has a browser extension, desktop app, and mobile app so you can use it anywhere.
LastPass is compatible with Windows, Mac, iOS, Android, and Linux. It is not compatible with virtual environments. For businesses, the starting price is around $6 a month per user. If you have fewer than 50 users, the Teams plan may be more applicable to your business as it starts at $4 a user per month.
However, it is important to note that in December 2022 LastPass had a data breach in which a hacker copied a backup of customer vault data. The data cannot be decrypted unless the user knows the master password, which is not stored by LastPass.
If you want a password manager that isn’t too complicated, Enpass offers a great tool. This cross-platform password storage can be used offline and syncs between different devices using third-party cloud hosting platforms such as OneDrive, Dropbox, or iCloud. This platform securely encrypts your data with AES-256 encryption and a SQLCIPHER extension. EnPass provides password monitoring and a secure password generator.
It is a free service if you are only using the desktop version. If you want to upgrade to include the mobile version, you’ll have to subscribe to the service or buy a one-time payment license. The free version also only holds up to 20 passwords to online accounts, which can be limiting.
This platform is compatible with Chrome, Firefox, Safari, Edge, Brave, and Vivaldi for the free version. The paid mobile version is compatible with both the Iphone Apple products and Android.
This password management service is specifically for businesses. It stores and auto-fills corporate passwords. It includes a secure password vault, security dashboard with password health data, with single sign-on applications. It works with third party services such as M365, Google Workspace, Dropbox, and OKTA.
You can get a basic plan for free or upgrade to paid and professional plans. The professional plan starts at $5 per user per month and allows you to import all of your users with AD sync. This is a great platform for teams with its multi-level sharing permissions, ability to limit access to sensitive passwords, and alerts that allow you to rotate passwords periodically.
Privacy is Important
As a business owner, it is important to keep your information secure, including emails and chats. If you want a secure messaging app that offers end-to-end encryption, self-destructing messages, and a Swiss IP address to keep you anonymous online, then Sekur is for you.
We offer private and secure communication with unlimited-size attachments on emails and no data mining. The app is downloadable from the Apple Store and Google Play.