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For more than three decades, PCMag has been evaluating online privacy tools. We test password managers annually, and rate them based on ease of use, privacy features, and overall value, which are all aspects important to business owners. Editors' Choice winners Bitwarden and NordPass both offer business-specific plans with helpful features. Scroll down to see the best business password managers we've tested and our reasons for recommending them, followed by what to consider when choosing the right one for your company or team. Note that all the password management software mentioned in this article costs money, even if the base versions are free, which is expected of products made with businesses in mind. If you have a very small business and don’t want to spend any money, we’ve rounded up the best free password managers in a different article.
Our Top Tested Picks
NordPass for Business
Dashlane for Business
RoboForm for Business
Sticky Password for Teams
Bitwarden Teams
Enpass Business
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Best Sharing Options
1Password Business
- Intuitive password organization
- Alerts for password hygiene
- Smooth credential capture and replay
- Lacks free password management tier
- Missing true password inheritance features
- Lacks data breach monitoring for email addresses
1Password’s business tools make sharing credentials securely between team members a priority. Each employee can access a vault and share individual passwords with other employees or outsiders using a private link.
Companies that require their employees to share their credentials regularly will appreciate that users can control access to the shared login information by setting the expiration to one view, one hour, one day, seven days, 14 days, or 30 days.
Best Affordable Business Plans
NordPass for Business
- Slick, well-organized apps
- Offers email alias creation and storage
- Detailed data breach reports
- Password hygiene alerts
- Emergency access options available
- Limited free tier
NordPass Business is an affordable and easy-to-use password manager with three subscription tiers: Teams, Business, and Enterprise. Enterprise account owners get the most features, like compliance software integration and SSO options, but Teams and Business accounts get considerable perks, too. Email masking, data breach scanning, password sharing, and activity log monitoring are available at all NordPass business tiers.
If you're looking for a complete business privacy package that will fit within your budget, NordPass is a good place to start. The service is for companies that are serious about password security. With a NordPass business account, administrators can set a password policy for employees to ensure that all passwords are long, strong, and unique.
Best Security-Focused Extras
Dashlane for Business
- Includes VPN and phishing alerts
- Scans for compromised accounts
- Retains full password history
- Offers file storage
- Expensive
- Very restrictive free tier
- Awkward emergency access procedure
Dashlane's password manager solution for teams and businesses is all about accountability. The administrator account features a reporting dashboard that allows you to see the company's password health over time. You can use the reports to encourage diligent password hygiene among teams or specific employees, or to track down compromised passwords.
Business account managers who are looking for a dashboard reporting tool that will allow them to quickly pinpoint password problems before they become security nightmares will appreciate Dashlane's easy-to-read reports.
Best Employee Activity Reports
RoboForm for Business
- Diverse form-filling options
- Smooth password capture and replay
- Offers emergency access
- Very limited free plan
- Limited credential-sharing options
- Few extra features
The password report for RoboForm is easy to read, devoid of the graphs and images found in LogMeOnce’s administrator panel. An admin can quickly note which employees have a high security score and which need help with their password security.Â
Employers who want to keep an eye on their employees' password hygiene while also providing the company with an option for low-cost password management may want to consider RoboForm.
Best Security Auditing
Keeper Business
- Secure password-sharing, password hygiene, and emergency access options
- Attractive apps and browser extensions
- Retains app access and credential history
- Very restrictive free tier
- Some desirable features are paid add-ons
- Importing credentials could be smoother
Keeper makes tedious record keeping easy. Business accounts can create detailed compliance reports by clicking the Compliance button on the dashboard. These records show which employees use the password manager and how well they maintain safe password hygiene.
Keeper is ideal for business owners who want to monitor their workers' password hygiene habits. Keeper for Business generates custom reports that show logins, usage statistics, password resets, BreachWatch activities, and other security-related data.
Best Onboarding Experience
LogMeOnce
- Free
- Diverse MFA options
- Unique emergency access tool
- High-quality onboarding tutorial
- Credential filling didn't work with the Android app in testing
- Awkward password-importing process
- Cluttered web vault interface
LogMeOnce gives administrators the tools they need to quickly secure employee credentials and monitor password hygiene over time. We like LogMeOnce's compliance reports, and business owners may find the geofencing options helpful when keeping track of company-owned devices.
We were particularly impressed with LogMeOnce's user onboarding experience, so we recommend the app for administrators looking to protect small teams consisting of new password manager users. LogMeOnce's lowest-priced business tier is the best choice because the Teams and Small Businesses plan is $48 per year per user. On the lower end, Sticky Password's Teams comparable plan is $29.95 per year per user.
Best for Small Businesses
Sticky Password for Teams
- Works with desktop apps
- Offers local-only storage
- Emergency access option
- Dark web monitoring
- Password hygiene reporting
- Inconsistent credential capturing on the iOS app
- Free plan is limited to a single device
- Clunky form-filling system
We like that Sticky Password for Teams makes it easy to grant and revoke credential access as an administrator. Users can set permissions for specific team members or groups, and their data will only sync across the devices you allow. We also appreciate the password hygiene monitoring options and dark web monitoring for employee email addresses.
Sticky Password for Teams is a budget-friendly option for small business owners who want to keep employee credentials private but don't want to break the bank. At $29.95 per user annually, it's lower priced than Bitwarden, which is $48 per user.
Best for Basic Business Plans
Bitwarden Teams
- Free
- Open-source
- Passkey support
- Emergency access option
- Data breach monitoring
- Password hygiene reports
- Relatively expensive business tiers
The open-source Bitwarden’s business tiers offer single-sign-on capabilities and plenty of multi-factor authentication options for small business owners. We like Bitwarden's Collections feature, which makes sharing credentials between employee groups easy.
Administrators with deeper pockets who are looking for a secure option for keeping employee credentials private should consider Bitwarden Teams. Note that Bitwarden recently raised prices from $36 to $48 annually per user for a Teams subscription. Bitwarden's lowest-price business tier is now more expensive than RoboForm's similar business plan, which is $39.95, and Sticky Password's business tier, which is just $29.95.
Best Local Storage Options
Enpass Business
- Free for desktop users
- Offers local storage option
- Includes data breach monitoring
- Cross-device syncing isn't seamless
- Very limited free tier for mobile users
- Lacks digital inheritance options
The Enpass Business app allows administrators to designate rules regarding employee vaults, security, sharing, syncing, and password audits. The app integrates with Microsoft 365, and employees can share vaults with team members using the default interfaces on OneDrive and SharePoint.
Employers who want a low-cost, local password management solution that includes employee security reports should consider Enpass Business. The company can store employees' passwords locally, but the organization can add cloud storage options. A unique feature is automatic offboarding, which allows an administrator to delete data from employee devices and vaults when they leave the organization.
Which Are the Best Business Password Managers?
A password manager is essential for businesses because it allows everyone in an organization to spend less time trying to remember strong, unique passwords for all their accounts. The password manager stores login credentials and passkeys for each employee.
The best password managers for businesses also let administrators keep an eye on employees’ password hygiene. That is to say, you can see which employees have weak or reused passwords, which allows you to prompt them to improve their password security.
Getting Started With a Business Password Manager
Signing up for a business password manager is similar to signing up for a personal or family account. You need to create a master password for your account, which is used to encrypt the contents of your business’ password vault. At this point, you'll also secure the account with multi-factor authentication (MFA).
After creating the vault, you send invitations to your employees, asking them to make their accounts. Some business password managers include free family plans for employees to encourage proper password hygiene at home.
After your employees are in the system, ask them to enable additional user authentication for their accounts. MFA can be biometric, SMS-based, or with time-based one-time passwords generated by an authenticator app. The best business password managers support authentication via hardware security keys, too.
Simple Tricks to Remember Insanely Secure Passwords
How to Manage Credentials With a Business Password Manager
Once you or an employee has a password manager app installed and set up, the password manager does much of its job automatically. When you log into a secure site, your password manager offers to save your credentials, passkeys, or personal data so it can fill in the information when you return to the site. Many password managers offer a browser extension that saves a list of your logins so you can click on a web address and log in automatically.
Most password managers can also fill in personal or company data on web forms, which is more secure and less prone to errors than typing in information manually. You can edit and store sensitive company information in the password manager’s encrypted vault. Storing payment and identity details in your company’s vault is more secure than saving them to your browser.
People come and go from workplaces, and sometimes the partings are less than amicable. What happens when an employee refuses to relinquish logins when they leave? Having one person holding all the keys to the castle is a recipe for disaster.
Some password managers for business clients have a feature allowing managers to control employees' credentials in their work vaults. This makes it easier for administrators to transfer logins to new hires and maintain a secure digital workplace. Dashlane and Zoho Vault both have this feature.
What Enterprise Features Do You Get With Password Managers?
Sharing is an essential function for business-related password managers, and a password manager makes sharing easy and secure. Some password managers let you share a login without making the secure password visible and let you revoke the shared details once the other person has used them or make the recipient the credential's owner.
What Is Two-Factor Authentication?
Many password managers offer single sign-on or integrations with business software such as Zoom or Google Workspace. These integrations add another layer of convenience and security for your business, as employees don’t have to enter their user passwords whenever they need to use various work-related applications.
Business Password Manager Customer Support Options
When looking for password management for your company or team, consider the app's subscription cancellation policy, customer service options, and how hard it is to delete user accounts. Seek out password management companies that offer subscription refunds and, at minimum, 14-day free trial periods for business subscriptions.
Our reviews have a section that focuses on the types of support options each company offers. We recommend using services that allow administrators or employees using business accounts to talk to a live human via chat, email, or phone when they need software support.
What’s Missing From Your Company’s Security Setup?
A password manager isn't the only thing you need to use to secure your company’s secrets. We've already mentioned the importance of multi-factor authentication. A VPN can protect your employees’ privacy while they work from home or the office. You should also consider installing a security suite, many of which also include password managers. It’s also important to make sure all your security software works.
Finally, note that, above all else, a business password manager should be easy to use. Employees baffled by a password manager may stop using it and return to less secure ways of storing and sharing passwords, or worse, using the same passwords everywhere.
