The Best Business Password Managers for 2024

Why We Picked It

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.

Who It’s For

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.

Why We Picked It

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 are using the password manager, and how well they are maintaining safe password hygiene.

Who It’s For

Keeper is ideal for business owners who want to keep tabs on 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.

Why We Picked It

NordPass offers a multi-factor authentication (MFA) option for business account administrators. If the head of an organization chooses this option for their employees and team members, it requires everyone to verify their identity via an authenticator app. Organizations can opt out of the MFA requirement.

Who It’s For

This 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.

Why We Picked It

1Password’s business tools make sharing credentials securely between team members a priority. Each employee has access to a vault and can share individual passwords with other employees or outsiders using a private link.

Who It’s For

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.

Why We Picked It

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 employees need some help with their password security. 

Who It’s For

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.

Why We Picked It

LogMeOnce gives administrators the tools they need to quickly secure employee credentials and then 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.

Who It’s For

LogMeOnce is best for business owners who manage small teams. That way, they can qualify for LogMeOnce’s lowest-priced business tier. The Teams and Small Businesses plan is $48 per year per user. The price is on par with competitors such as Bitwarden, which also charges $48 per user per day. On the lower end, Sticky Password’s Teams comparable plan is $29.95 per year per user.

Why We Picked It

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.

Who It’s For

Sticky Password for Teams is a budget-friendly option for small business owners who want to keep employee credentials under wraps 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.

Why We Picked It

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 an easy process.

Who It’s For

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.

Why We Picked It

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.

Enpass Business can store employees’ passwords locally, but the organization can add cloud storage options. A unique feature is automatic offboarding, allowing an administrator to delete data from employee devices and vaults when they leave the organization.

Who It’s For

Employers who want a low-cost, local password management solution that includes employee security reports.