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10 Best Password Managers for Businesses in 2023

Updated on: September 20, 2023
Fact Checked by Kate Davidson
Hazel Shaw Hazel Shaw
Updated on: September 20, 2023
10 Best Password Managers for Businesses in 2023

Short on time? Here’s the best business password manager in 2023:

  • 🥇 1Password: Includes high-level encryption, secure password and data sharing, dark web monitoring, multi-factor authentication options, an intuitive admin dashboard, and much more. Very easy to use for both technical and non-technical employees, and it’s suitable for businesses of all sizes.

I wanted to find the best business password managers on the market in 2023, so I started researching and testing dozens of products.

I was pretty disappointed with most business password managers I tried, as they didn’t offer a lot of improvements over a spreadsheet. Either that, or they were extremely difficult to use, really expensive, or way too complicated for the average business department.

However, I did find 10 really good password managers for businesses. All these products offer a good range of features for businesses of all sizes, including excellent security, intuitive admin and employee dashboards, quick and easy onboarding, and business-specific features like SSO and active directory connectivity. Plus, they offer all the standard password manager features, like password generation, auto-save, and auto-fill, and do them all well.

There should be a product on this list that’s just right for your business, whether you’re looking for a password manager for a small or medium-sized business or enterprise-grade software for a company with thousands of employees. My favorite for businesses of all sizes is 1Password, but any of the products on my list will increase your company’s password security.


Quick summary of the best business password managers in 2023:

🥇1. 1Password — Best Password Manager for Businesses of All Sizes in 2023

🥇1. 1Password — Best Password Manager for Businesses of All Sizes in 2023

1Password is very secure and easy to use, and it comes with a wide range of features for both admins and team members — including advanced two-factor authentication (2FA), secure password sharing, and dark web monitoring.

I love how 1Password has options to connect third-party apps to add new users and manage their accounts. For example, when I connected my team’s Slack account to 1Password, I could easily invite everyone to 1Password via Slack and monitor when they logged into their 1Password accounts. I could also get Slack notifications when someone needed their 1Password account recovered. Easy third-party integrations like these are where 1Password really shines.

1Password also includes:

  • Admin control panel.
  • Password vaults.
  • Advanced 2FA options.
  • Passkey support.
  • Customizable security settings.
  • Active directory integration.
  • SSO options.
  • Dark web monitoring.
  • Hidden vaults (Travel Mode).

I’m a big fan of 1Password’s password vaults — you can organize specific passwords into vaults and only allow specific team members access to each vault. For example, I created a vault for my marketing team, so only marketing team members were given access to the passwords inside that vault.

I also like how 1Password makes it easy to set up two-factor authentication (2FA). By switching on Enforce two-factor authentication, everyone in my team had to set up a form of 2FA for their 1Password accounts. 1Password is compatible with a range of 2FA methods, including authenticator app integration (like Google Authenticator), hardware security keys, and enterprise solutions like Duo.

1Password is also one of the few business password managers that supports passkeys, which provide a safer and more convenient alternative to traditional passwords. Passkeys are expected to be widely adopted on numerous sites and applications in the near future — they offer enhanced security as they cannot be compromised by data breaches (only a portion of the login key is stored on a site or app’s servers).

Additionally, 1Password lets you easily add passkey support to your own business’s website using a service called Passage. You can integrate Passage onto your website’s backend with just two lines of code — adding passkey support to the site and allowing 1Password to handle complex implementations like account recovery, cross-platform compatibility, and more.

1Password now lets business users log into their vaults with SSO, too. Through its “Unlock with Okta” feature, you can set up your employees to access their 1Password vaults with Okta SSO, so they won’t need their master password or secret key on trusted devices. Not only is this a big time saver — it’s also super secure, and it allows you to have more granular control over your team’s access rights.

1Password offers 3 business plans. 1Password Teams Starter Pack is the cheapest, but it doesn’t include many advanced options like SSO or AD integration. 1Password Business includes all of the mentioned features as well as 5 GB of encrypted cloud storage per user, 20 guest access accounts, and a 1Password Families plan for every user (1Password’s family plan is our top-rated password manager for families in 2023, so this is a really good perk). And 1Password Enterprise includes all Business plan features and adds onboarding and training assistance as well as a dedicated account manager.

Bottom Line:

1Password offers excellent security and a wide range of features, and it’s very easy to set up. I particularly like 1Password’s third-party integration options, intuitive admin controls, and separate vaults for secure password sharing. 1Password has 3 affordable business plans, and you can test all of them with a 14-day free trial.

Try 1Password Business for Free

Read the full 1Password review >

🥈2. Dashlane — Advanced Security Features + Very Easy to Use

🥈2. Dashlane — Advanced Security Features + Very Easy to Use

Dashlane has everything businesses need to manage their passwords — including 256-bit AES encryption, a wide range of features, an intuitive employee dashboard, secure account recovery options, and a well-built and easy-to-use admin console.

Integrating Dashlane into a company’s computer systems is easy — my IT team had no problems getting it set up and running. They particularly liked that the admin console made it really simple to manage permissions on employee accounts and ensure everyone was using highly secure passwords.

All of our team members found Dashlane very easy to understand and use. After a 5-minute walk-through, everyone understood exactly how to operate the settings, create new passwords, use the browser extension, sign into their Dashlane account via our company’s SSO provider (Okta), and share passwords with team members. And the intuitive admin console made it easy for me to create company-wide logins and share them with relevant members (and revoke access when they left the company).

Dashlane’s business plans include:

  • Two-factor authentication (2FA).
  • Dark web monitoring.
  • SSO options.
  • Passkeys support.
  • Multiple account recovery options.
  • Advanced anti-phishing protections.
  • Secure password sharing.
  • VPN (virtual private network).
  • Active directory integration.
  • Advanced security reports.
  • Remote account deletion.
  • And a lot more…

I’m a big fan of Dashlane’s monitoring features, which alert teams to phishing attempts as well as breaches. The anti-phishing features, which are truly unique, scan for sites imitating Dashlane and will even alert users if they’re about to enter a saved password on any website other than the one it’s associated with. Other password managers also include dark web monitoring, but unlike most, Dashlane doesn’t rely on public databases. As a result, it found more compromised accounts than other password managers and provided actionable steps for fixing problems like our old compromised Canva account.

I also really like Dashlane’s security dashboard, which shows the overall password security score across my entire team. The security dashboard has a chart that helps you visualize your team’s overall security month-to-month, and it also alerts you if a team member’s passwords are weak, reused, or compromised — making it much easier to spot and resolve issues before they become a more serious threat to your company’s security.

Dashlane has 3 business plans. Dashlane Starter is the entry-level business plan that covers up to a maximum of 10 users, but it doesn’t include the VPN, advanced phishing protections, or SSO options. Dashlane Team includes everything except the SSO options and offers unlimited coverage. Dashlane Business offers all of the features listed above, including the SAML-based SSO options and a free Dashlane Premium Family plan for all users.

Bottom Line:

Dashlane has advanced security features and is one of the most intuitive business options on the market. It made the usually complex IT integration process seem easy, and all of my employees quickly understood how to operate all of Dashlane’s features. Dashlane is a bit more expensive than other brands, but its overall ease of use and extra features make it worth the price. Dashlane’s Team and Business come with a 30-day free trial.

Try Dashlane Business for Free

Read the full Dashlane review >

🥉3. RoboForm — Great Security With Excellent Auto-Fill Capabilities

🥉3. RoboForm — Great Security With Excellent Auto-Fill Capabilities

RoboForm has the best auto-fill capabilities of any business password manager. I tested it with many different web forms — legal forms, registration forms, and different kinds of social media logins — and RoboForm auto-filled all of them with no mistakes. Even top brands like Dashlane and 1Password can’t really handle complex legal forms, but RoboForm outperformed all others on auto-fill capabilities.

I also like RoboForm’s security reporting feature, which assigns an overall security score to each team member based on the strength of their passwords. RoboForm scans each user’s vault for weak or compromised passwords that need changing. I set up a test user vault and added a bunch of logins with weak passwords, and RoboForm not only highlighted the weak passwords but also gave me recommendations on how to improve my overall security score.

RoboForm also has a range of other features, including:

  • AD integration.
  • SSO options.
  • Advanced reporting.
  • Additional 2FA options.
  • Shared access groups setup.

I really like RoboForm’s shared access group feature, which lets you create different shared vaults for different departments. The shared access customization options are also very good, with options to enable access to certain shared vaults only when connected to your office network’s IP address. This ensures that your employees don’t accidentally compromise logins when outside of the company offices.

RoboForm Business allows the company admin complete control of all company data. The admin has the authority to determine a user’s permissions within a group. If the user’s access is set as “Limited”, they won’t be able to view or edit any shared logins. They’ll be able to use RoboForm for website login purposes only, and they won’t have access to the actual passwords.

You can’t manually add passwords in the desktop app or admin dashboard, which is a bit annoying. I had to install the RoboForm browser extension and then log into my accounts so they could be auto-saved. I also don’t like that you have to use the browser extension to import passwords — competitors like NordPass allow users to import passwords using the desktop app. However, these issues probably won’t be a big problem for most business users.

RoboForm is much cheaper than most other brands. The RoboForm Business plan cost per user is lower than other brands on this list, and it offers discounts for more users and longer-term subscriptions.

Bottom Line:

RoboForm’s auto-fill capabilities are the best on the market, accurately filling out even the most complex web forms. RoboForm also includes a decent range of business features, including integration options and secure password sharing. However, it isn’t as intuitive as some other password managers, so it may not be the best option for non-technical users. If you’re interested, you can try RoboForm using a 14-day free trial.

Try RoboForm Business for Free

Read the full RoboForm review >

4. NordPass — Good Security + Sharing Options

4. NordPass — Good Security + Sharing Options

NordPass is an intuitive password manager that uses the xChaCha20 encryption algorithm — this encryption method isn’t necessarily better than 256-bit AES encryption (which all of the other brands on this list use), but it’s more modern and faster.

NordPass also offers:

  • Password sharing.
  • Trusted contacts.
  • Shared folders (Enterprise only).
  • Admin panel/security dashboard.
  • Advanced MFA options.
  • Passkeys support.
  • SSO support (compatible with Azure AD, Google Workspace, and more).
  • Breached accounts scan.
  • Coverage for up to 250 users (Business) or unlimited users (Enterprise).

I really like the shared folder feature. NordPass lets you save passwords, personal information, credit card details, secure notes, and more into folders. You can then share those folders with trusted team members. It’s straightforward to use, but I’m disappointed this feature is limited to Enterprise users. 1Password lets you quickly share entire password vaults with trusted contacts, and you don’t need a business plan to do it.

I also like the extended functionality that the data breach scanner provides for business users. When using a personal plan, NordPass’s data breach scanner monitors individual emails, but with the business plan, you can monitor your entire domain — which is really cool. NordPass classifies any breaches it finds as high or low risk, so it’s really easy to know which breaches to prioritize. From the admin dashboard, you can also choose to resolve or ignore breaches — which is an excellent way to quickly and easily remove false positives.

There’s also a convenient MFA option for business users — the NordPass Authenticator app. This sidesteps the need for SMS verification or an external authenticator app, instead allowing employees to unlock a TOTP within the NordPass app using biometrics. NordPass still supports MFA through other authenticator apps (like Authy and Google Authenticator) and security keys, too. I’m also happy to see that, like Dashlane, NordPass has integrated passkeys into its desktop app and Web Vault.

NordPass offers two business plans: NordPass Business and NordPass Enterprise. NordPass Business comes with the security dashboard, Google Workspace SSO, and coverage for up to 250 users. NordPass Enterprise comes with all of the above, as well as unlimited user coverage, shared folders, and SSO with Azure, MS ADFS, Google Workspace, and more.

Bottom Line:

NordPass offers advanced encryption and a useful folder sharing option. While NordPass isn’t as feature-rich as other products on my list, I really like how intuitive it is. You can try NordPass Business on a 14-day free trial to see if it’s the right choice for your business, but that trial doesn’t extend to the Enterprise plan. You’ll need to get in touch with NordPass’s sales team to request a demo if you want to use NordPass Enterprise.

Try NordPass Business for Free

Read the full NordPass review >

5. Keeper — Best for Secure Communication Between Team Members

5. Keeper — Best for Secure Communication Between Team Members

Keeper is a very intuitive and secure password manager with many advanced integration and admin customization options. You can also add Keeper’s encrypted messenger app (KeeperChat) to your business plan, which makes communicating between team members very convenient and secure. One of my team members recommended that I set up KeeperChat and create different group chats for different teams — marketing, IT, HR, etc. We could then securely share important files and even set “self-destruct” timers on messages containing sensitive information.

Keeper also offers a wide range of features, including:

  • Advanced security policies.
  • Many 2FA options.
  • Passkey support.
  • Password rotation.
  • Admin dashboard.
  • SSO integrations (Azure, Okta, Microsoft ADFS, Google Workspace, and more).
  • Dark web monitoring.

I really like that admins can set up very specific security policies — for example, strong 20-character master passwords and biometric 2FA requirements. This ensures all employees are keeping their accounts as secure as possible. My IT team set a policy for all high-level employees (who have access to very sensitive documents) to use a 2FA hardware key like YubiKey. Other employees could use the Google Authenticator app.

The password rotation feature is great, too. It’s super convenient for organizations because it lets them easily update users’ important credentials automatically, all through a user-friendly Privileged Access Management (PAM) platform.

Keeper’s dark web monitoring feature, BreachWatch, is also really good. BreachWatch alerts employees if one of their accounts has been compromised in a data breach, prompting them to change their credentials before cybercriminals can steal sensitive company data. However, I’d prefer it if Keeper included BreachWatch as a default feature (like Dashlane does) and not as a paid add-on — if you want to use BreachWatch, Keeper charges an extra yearly fee per user, which isn’t the most cost-effective option in my opinion. Still, BreachWatch is a great tool and I could see why some business owners may not mind paying the extra fee to fully secure their team’s passwords.

Keeper has two business plans. Keeper Business and Keeper Enterprise are virtually the same in terms of end-user features, and both include a free Keeper Family plan for each of your team members. However, for SSO options, AD integration, advanced 2FA, and provisioning options, you’ll need Keeper Enterprise.

Bottom Line:

Keeper is intuitive, well-designed, and easy for most users to understand. I really like KeeperChat and how it makes communication and file sharing between my team members both convenient and secure. Keeper Enterprise is probably best for larger businesses, and the Business plan is more suited to startups and smaller companies. The Business plan comes with a 14-day free trial, but you’ll have to contact Keeper’s sales team for a demo of the Enterprise solution.

Try Keeper Business for Free

Read the full Keeper review >

6. LastPass — Good Password Management Controls for Admins

6. LastPass — Good Password Management Controls for Admins

LastPass has one of the most intuitive admin dashboards of all the password managers I tested. Even without much IT expertise, I found it easy to add new team members and enforce specific security settings (like requiring everyone to use multi-factor authentication). Integrating the program into my company’s active directory software was also a breeze.

I like LastPass’s range of multi-factor authentication options, which include biometric authentication options (fingerprint and facial recognition), voice recognition, one-time password, SMS authentication, and mobile device push notifications — users receive a notification on their iOS or Android device allowing them to either Accept or Reject the access request.

LastPass also includes a wide range of admin tools that are all very easy to find, understand, and use. It has things like:

  • Geofencing login policies.
  • Easy-to-set security policies.
  • Advanced multi-factor authentication (MFA) options.
  • Dark web monitoring.
  • VPN integration options.

I really like that you can set up very specific login requirements, such as employees only being able to log in to their accounts in a specific location. So as soon as anyone leaves the geofenced radius around the office, they won’t be able to log in to any work accounts. Even top competitors like Dashlane don’t offer this feature, and it’s a great extra layer of protection.

LastPass offers two business plans. LastPass Teams is for a maximum of 50 users and offers a vault for every user, shared folders, a security dashboard, and dark web monitoring. LastPass Business has everything Teams has, but adds in-depth reporting, SSO and AD integration, and unlimited users. Plus, each employee gets a Last Pass Families subscription. You can also choose advanced SSO and MFA add-ons with the Business plan.

Bottom Line:

LastPass is one of the most intuitive and feature-rich password managers for businesses. I particularly like that admins can set specific login requirements for team members (such as only being able to log into LastPass in a specific location). LastPass offers plans for businesses of all sizes, and you can try them using a 14-day free trial.

Try LastPass Business for Free

Read the full LastPass review >

7. Password Boss — Intuitive and Easy to Set Up

7. Password Boss — Intuitive and Easy to Set Up

Password Boss is an intuitive password manager that offers an easy-to-use admin dashboard and a good range of features. When I tested Password Boss, I found it easy to navigate around the admin dashboard and onboard new team members. Setting security policies was also straightforward, and I had no issue connecting Microsoft Active Directory and Azure. However, I would like to see more AD and SSO integration options, including Okta (which my IT team prefers to use). 1Password, Dashlane, and other top brands include Okta integration.

Password Boss also offers:

  • Password sharing.
  • Detailed activity reports.
  • Anti-theft protection.
  • Breached accounts scan.

I found the offboarding process pleasingly simple. 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.

Password Boss’s anti-theft protections also work really well — they let you remotely wipe the data stored on a lost or stolen device, ensuring that none of your business data falls into the hands of bad actors.

Password Boss’s business plans start at a relatively low cost per user, which gets even lower if you opt for a longer subscription. Password Boss For Business is more for smaller teams, as it offers only the essential features. Password Boss For MSPs is better for bigger enterprises, as it offers detailed activity reports, AD connections, and advanced security policy settings.

Bottom Line:

Password Boss is very simple to set up and use, and it offers a good range of features. The onboarding and offboarding processes are easy to follow, and I particularly like the range of security policy settings. While the top competitors on this list offer a few more features, I still think Password Boss is a well-rounded business password manager. Both of Password Boss’s business plans come with a 14-day free trial.

Try Password Boss Business for Free

Read the full Password Boss review >

8. Passwordstate — Great for Detailed Permission Controls

8. Passwordstate — Great for Detailed Permission Controls

Passwordstate offers a wide range of permission options that gives businesses a lot of control over how passwords are managed. I especially like the granular permission options that allow admins to tailor each user’s permissions and access levels depending on their position.

Passwordstate also includes:

  • AD integration.
  • SSO options.
  • Activity reports.
  • Advanced 2FA.
  • Permission options.
  • Password reset options.

I was impressed by Passwordstate’s advanced reporting capabilities, which are extremely detailed. Passwordstate audits over 120 events, including password changes, password access requests, and deleting of documents — all of which can be downloaded as a report document ready for compliance auditing. The detailed reporting capabilities make Passwordstate compliant with a range of cybersecurity and data management regulatory bodies, including HIPAA, NIST, and SOX.

Passwordstate feels like it’s been designed specifically for businesses — unlike some other business password managers that feel like personal password managers awkwardly molded into a business version. That said, I still don’t think Passwordstate’s dashboard is as intuitive as 1Password or Dashlane.

There’s a one-time fee to purchase Passwordstate’s software, but there are also optional annual fees for upgrades, support, and extra features. The Named User plan includes one installation for a chosen number of users, whereas the Enterprise plan covers an unlimited number of users. Passwordstate Global provides coverage for an unlimited number of users and adds unlimited system installations. There is also a Free for 5 Users version, which supports small businesses by offering all the Enterprise features for free for up to 5 users.

Bottom Line:

Passwordstate is a decent password manager with a good range of features. It has a solid variety of permission settings that give a lot of control over how passwords are managed. The pricing is slightly confusing, but Passwordstate offers all of its features (including its Enterprise features) free for up to 5 users. You can also test out the Enterprise features for unlimited users with a 30-day free trial.

Try Passwordstate for Free

9. CyberArk — Advanced Password Management for Enterprises

9. CyberArk — Advanced Password Management for Enterprises

CyberArk is an enterprise-grade software focused on securing an entire company’s IT systems. Its functionality is advanced and requires a lot of technical know-how. This means CyberArk is best for large corporations that need sophisticated tools to manage and secure a huge amount of sensitive data. If you’re looking for a password manager for a small or medium business, you’d be better off with an easier-to-use option like 1Password.

Some of CyberArk’s features include:

  • Automated credential changing.
  • Multi-factor authentication options.
  • Real-time account monitoring.
  • Advanced reports for compliance.

I really like CyberArk’s automated process for changing account credentials, which gives IT teams an easy way to manage company cybersecurity. The real-time account monitoring is incredibly helpful, too, as it enables admin teams to quickly spot suspicious activity and stop it before any damage is done.

CyberArk offers an advanced range of multi-factor authentication options, including hardware token authentication, authenticator app compatibility, push notification 2FA (sends a code to a trusted device), and even authentication via PIV and CAC smart cards — identification cards with an embedded microchip that can be used to verify a user’s identity.

CyberArk’s pricing is quote-based. As it offers a wide range of tools, you’ll need to contact its sales team to find out how much it will cost your business to use its services. You can also request a demo and try it out with a 30-day free trial before committing.

Bottom Line:

CyberArk is a very advanced data security solution that also includes a password vault. In my opinion, CyberArk is too advanced for many users’ needs. However, large enterprises that are dealing with a huge amount of data and need to stay compliant with strict data security laws should definitely consider CyberArk.

Try CyberArk for Free

Read the full CyberArk review >

10. Sticky Password — Decent, Cost-Effective Option

10. Sticky Password — Decent, Cost-Effective Option

Sticky Password is an okay option for smaller teams looking for a simple business password manager. Its interface is a little pixelated and not nearly as well-designed as other brands on this list. That said, I like that Sticky Password includes various admin controls to ensure all passwords used by team members are secure, for example when setting master password requirements.

Sticky Password also has:

  • Password sharing.
  • 2FA options.
  • Dark web monitoring. 
  • Customizable permissions.
  • Portable USB password vault option.

I like Sticky Password’s portable USB option, which lets admins access their passwords on any employee’s PC by inserting their external drive and launching the USB version of Sticky Password, named “Portable Passwords.”

Sticky Password also makes password sharing very easy — none of my team had any issues sending passwords or secure notes to one another. It was also easy to set and change password permissions for different users. For example, I could give my co-founder edit access to our company’s Amazon Business account, but I could disable password editing permissions for other team members.

Sticky Password Teams isn’t as advanced as competitors like 1Password. However, it’s a decent low-cost option for small businesses. There’s also a nice bonus for eco-conscious users — a portion of the proceeds from each license sold is donated to a charity protecting endangered manatees in Florida.

Bottom Line:

Sticky Password offers high-level security and a decent range of features. Most users will also find Sticky Password easy to use. Honestly, it’s not my favorite password manager on this list, mainly because of its somewhat outdated interface. That said, Sticky Password does offer a good selection of features and is one of the cheapest business password managers available. You can try it for free for 30 days, and there’s also a 30-day money-back guarantee on the Teams plan.

Try Sticky Password Business for Free

Read the full Sticky Password review >

Comparison of the Best Password Managers for Businesses in 2023

Password Manager Starting Price Per User Free Trial Dark Web Monitoring Admin Dashboard Account Monitoring SSO Integration Options Unique Features
1.🥇 1Password $7.99 / month 14 days Hidden vaults
2.🥈 Dashlane $5.00 / month 30 days VPN integration
3.🥉 RoboForm $0.99 / month 14 days Advanced form filler
4. NordPass
$3.59 / month 14 days Shared folders
5. Keeper $3.75 / month 14 days Encrypted messenger
6. LastPass $3.00 / month 14 days Geofencing
7. Password Boss Quote-based 14 days None
8. Passwordstate Free for up to 5 users 30 days Detailed permission options
9. CyberArk Quote-based 30 days Advanced reporting
10. Sticky Password $29.99 / year 30 days Portable USB version

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How to Choose the Best Password Managers for Businesses in 2023

  • Make sure the software has advanced security features. A top-tier business password manager should offer tools like two-factor authentication (2FA) and strong encryption (think 256-bit AES or better). They also need to follow zero-knowledge protocols to protect your privacy and security. All products on this list have been thoroughly vetted to ensure there are no potential security flaws that could compromise your business.
  • Choose a business password manager with a straightforward setup and onboarding. You need a business password manager that’s either easy to install or offers specialized support for integration with your systems. It’s also important to choose an option with a user-friendly interface that can be used by both technical and non-technical employees. I tested each of my top picks with my team to ensure accessibility.
  • Choose a password manager with admin controls. Admin controls should allow full oversight of how all employees are managing their passwords, and whether they’re following proper security practices. All of the brands on this list include some kind of admin controls, giving IT departments and other administrative staff the ability to restrict certain permissions and implement necessary security protocols.
  • Evaluate the features offered to both administrators and users. When choosing a business password manager, look for features like auto-saving, auto-login, login security audits, and secure password sharing — 1Password and Dashlane include all these and more. My colleagues and I tested each feature of every product on this list and reached a consensus on their quality.
  • Pick a brand that offers great value for the price. A large-scale password manager is not cheap, nor should it be. However, there are many brands out there offering very little value for outrageous prices. When putting together my top 10, I selected password managers that offer a wide range of features for a reasonable price. What’s more, they all provide free trials, so you can personally ensure they’ll work for you before you commit.

Try 1Password Business For Free

Top Brands That Didn’t Make the Cut

  • N-Able Passportal — N-Able’s password manager, Passportal, offers a decent range of features. 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.
  • Hitachi ID Bravura Pass — Hitachi ID’s password manager offers a lot of features, including advanced IT system integration options. However, its user interface is outdated and my team found it extremely frustrating to navigate.
  • Thycotic Secret Server — While Thycotic was pretty good when I tested it, I wasn’t impressed by its security reports feature, which was very complex and made reporting very long-winded and confusing. The brands on this list do security reporting much better.

Frequently Asked Questions

Are password managers secure enough for businesses?

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. Some top brands like Dashlane even have VPN integration.

All of the password managers on this list are robust systems engineered with security in mind. And the companies developing these systems are highly reputable cybersecurity providers. In short, businesses aren’t really secure until they have a secure password management system.

What’s the best password manager for businesses?

1Password Business is my favorite — it’s secure, intuitive, and includes a wide range of features for both end-users and admins. 1Password also includes features like SSO (single sign-on) and active directory software integration, which can help your business better manage how team members use 1Password.

Does my business really need a password manager?

If your business is handling more than just a few passwords, yes! I’d recommend that you try a password manager — not just for convenience, but also for security. Password managers will store all of your company’s login details in a secure ecosystem designed to make everything easier, safer, and more convenient. They point out security flaws in protocols and highlight weak and compromised passwords. Some, like Keeper, even alert you to data breaches that contain company-compromising information.

How much does a business password manager cost?

That depends. In general, the size of your business will determine the size and scope that your password manager will need to cover — and that will determine the cost.

That said, if you’re a small business that only needs basic password management features like password storage, auto-fill capabilities, and password sharing, there are many low-cost options on this list you can try. 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 Dashlane have excellent features for everyone, from small teams of under 5 to large enterprises with thousands of employees.

Does Google have a password manager for businesses?

No, Google doesn’t offer a business version of its password manager — its password manager is currently only available for individuals. That said, Google Workspace enables third-party password manager integration options for business password managers like TeamPassword, Passwd, and Zoho Vault. Businesses can install add-ons to Google Workspace accounts, meaning the password manager is accessible from each user’s Google Apps menu, and both team members and managers can use the password manager’s features within Google Workspace.

While the options above are useful for Google Workspace users, I think password managers like 1Password do a much better job of managing passwords across organizations.

Best Password Managers for Businesses in 2023 — Final Score:

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About the Author
Hazel Shaw
Hazel Shaw
Content Manager
Updated on: September 20, 2023

About the Author

Hazel Shaw is a Content Manager at SafetyDetectives. She has 8+ years of experience in writing, editing, and fact-checking content for both print and digital media. Prior to joining the SafetyDetectives team, she trained writers and editors on cybersecurity tools like VPNs, password managers, and antiviruses. Hazel has also worked as a communications consultant for a number of companies, advising on SEO, content strategies, web design, and internal communications. When she’s not working, you can find her cooking, reading, visiting art galleries, or taking her dog on hikes around Portugal.