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As organizations embrace hybrid and remote work models, the surge in online accounts supporting workflows has led to a growing challenge of managing numerous login credentials. This not only escalates the complexity of password management but also gives rise to potential security issues.

A single incident of compromise in one account can put an entire organization—and even partnering vendors—at serious risk. To simplify the password management process and mitigate password-related breaches, organizations leverage enterprise password managers.

Enterprise password managers offer a secure, efficient and centralized platform to create, store and manage passwords, reducing the risk of unauthorized access and fostering regulatory compliance.

This article will explore the top enterprise password managers, examining their key features, pricing, benefits and drawbacks.

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Top enterprise password managers: Comparison table

The table below is a comparison of the key features that can be found in every top-quality enterprise password manager.

Multi-factor authentication Centralized password vault Password Sharing Biometric access Single sign-on Pricing
LastPass Yes Yes Yes Yes Yes Contact the vendor for a quote.
1Password Yes Yes Yes Yes Yes Reach out to the vendor for a quote.
Bitwarden Yes Yes Yes Yes Yes Starts at $6 per user per month.
ManageEngine Password Manager Pro Yes Yes Yes No Yes Starts at $3,995 for 10 users.
Dashlane Yes Yes Yes No Yes Reach out to the vendor for a quote.
NordPass Yes Yes Yes Yes Yes From $4.10 per user/month for a two-year plan.
Keeper Yes Yes Yes Yes Yes Contact Keeper for a custom quote.
Zoho Vault Yes Yes Yes Yes Yes Starts at $7.20 per user per month.

Top enterprise password manager software

Here are our picks for the 8 best enterprise password managers in 2023.

LastPass: Best overall

The LastPass logo.
Image: LastPass

LastPass is a cloud-based password management solution that helps businesses of all sizes protect their data and improve their security posture. With LastPass, administrators have centralized oversight over employee passwords through a central console and SIEM integrations. With this feature, admins can easily enforce strong password policies, provision and deprovision users, monitor access to sensitive information and produce security reports.

The solution also supports passwordless authentication by allowing employees to decrypt their vault using the LastPass Authenticator app instead of using their master password. LastPass Business integrates seamlessly with popular single sign-on solutions, providing a convenient and efficient way for employees to access multiple business applications with just one set of log-in credentials. It offers multi-factor authentication and the ability to manage access to specific websites or resources on an individual or group basis.

Figure A

LastPass admin console.
LastPass admin console.

Why we chose LastPass

LastPass made our list due to its extensive admin and security features, which are crucial for enterprise password management. Its cloud-based identity federation makes it easy for enterprises to integrate their employees with identity providers, enhancing the employee login experience.

Features

  • Password vault.
  • Identity federation.
  • Single sign-on (SSO).
  • Multi-factor authentication (MFA).
  • Password generator.
  • Over 100 customizable policies.

Pros

  • LastPass offers different pricing options.
  • It provides a 30-day free trial.
  • Passwordless login option is available.
  • Users, vendors and partners are connected via secure sharing.

Cons

  • Some crucial features, such as advanced SSO and MFA, come at extra cost.

Pricing

Enterprise users can go for either the Business pricing tier or ask for a quote.

Business plan:

  • Teams: Starts at $4 per user/month.
  • Business: Starts at $7 per user/month.
  • Enterprise: Reach out to the vendor for a quote.

View: Bitwarden vs LastPass

See also: Password manager cheat sheet

1Password: Best for a single-user account

The 1Password logo.
Image: 1Password

1Password is an enterprise password management solution that offers various security, admin and compliance features. Its security features include multi-factor authentication (MFA) that supports a variety of MFA methods, including TOTP, U2F and WebAuthn, to add an extra layer of security to employee logins. In addition, through its security monitoring capability, 1Password makes it easy for enterprises to monitor employee password activity for suspicious behavior, such as failed login attempts and unusual password changes.

Through the centralized Admins dashboard, password admins can have full control over how employees use the platform, including setting password policies, managing user groups and auditing activity.

Some of its password management features include clipboard management, which allows users to automatically remove passwords from their clipboards, automatic lock during periods of inactivity and phishing protection for safeguarding against fraudulent websites and emails. 1Password also provides vulnerability alerts to notify users of potential security risks, enabling them to take appropriate action.

With 1Password, organizations can set up a shared vault for team access, allowing users to share passwords with team members when necessary. In addition, users can stream security events on 1Password to their preferred security information and event management tool for better visualization and analytics.

Figure B 

1Password dashboard.
1Password dashboard.

Why we chose 1Password

We included 1Password because of its security features, such as end-to-end encryption, customizable team roles and seamless integrations, all of which cater to enterprises looking for a secure yet easy-to-use password manager.

Features

  • Centralized password storage and sharing.
  • Delivers vulnerability alerts.
  • Phishing protection.
  • Shared vaults.
  • Customizable access policies

Pros

  • Scalable account features.
  • It’s GDPR and CCPA compliant.
  • 1Password offers a free 14-day trial.
  • Users receive alerts about compromised websites.
  • Users can easily connect security events to SIEM tools for wider analytics.

Cons

  • Dedicated customer support is only available when you have 75 or more users.

Pricing

For businesses and enterprises, 1Password offers the following plans:

  • Business: Starts at $7.99 per user per month.
  • Enterprise: Contact the vendor for a quote.

BitWarden: Best for free password management

The Bitwarden logo.
Image: Bitwarden

Bitwarden offers a range of specific features that make it a comprehensive password management solution for enterprises. Administrators have access to advanced tools such as user management, where they can easily add, remove or modify employee access to credentials. The solution also includes password sharing, which allows teams to collaborate and share log-in information securely. Bitwarden also integrates seamlessly with single sign-on providers like Okta and Azure Active Directory, streamlining the log-in process for employees across multiple business applications.

With Bitwarden’s advanced security features, such as two-factor authentication (2FA) and the option to enforce policies like master password strength, member roles and permissions, organizations can enhance their overall security posture. Additionally, Bitwarden offers comprehensive audit logs and reports for easy monitoring of user activity and maintaining compliance.

Figure C

Bitwarden member roles and permissions.
Bitwarden member roles and permissions.

Why we chose Bitwarden

Besides being an open-source password manager, Bitwarden earned its place for providing strong security measures at an affordable price for enterprise users. We also found that it supports vital features like secure sharing, self-hosting options and extensive customization capabilities, making it an ideal choice for cost-conscious enterprise users prioritizing security.

Features

  • End-to-end encryption.
  • Open-source.
  • Cross-platform accessibility.
  • Vault health reports.
  • Security audit and compliance.
  • Directory synchronization.
  • Secure password sharing.

Pros

  • Seamless integration with existing enterprise environments.
  • Availability of free version.
  • It can be cloud-based or self-hosted.
  • It can send vault health reports.

Cons

  • There’s no clear way to recover an account if users lose the master password.
  • The Teams starter plan lacks key features like SSO integration and admin password reset.

Pricing

Bitwarden’s enterprise pricing is captured under the Business plan.

  • Teams Starter: Starts at $20 for 10 users per month.
  • Enterprise: Starts at $6 per user per month.

View: Bitwarden review

See also: Managing team logins with password managers

ManageEngine Password Manager Pro: Best for password sharing and collaboration

ManageEngine logo.
Image: ManageEngine

ManageEngine Password Manager Pro allows enterprises to securely store and manage shared sensitive information, including passwords, documents and digital identities, in a centralized vault. An “automatically reset” feature allows users to reset the passwords of servers, databases, network devices and other resources easily. With this tool, users can log in to systems, websites and applications from the PMP web interface without needing to manually copy and paste passwords. Additionally, ManageEngine enables both preventive and detective security controls by using approval workflows and real-time alerts for password access. ManageEngine PMP also allows users to import user groups from Windows Active Directory or LDAP and make use of its authentication system.

Figure D

Password ownership and granular sharing in ManageEngine.
Password ownership and granular sharing in ManageEngine.

Why we chose ManageEngine Password Manager

We chose ManageEngine Password Manager Pro due to its centralized password vault, which not only allows organizations to store their privileged passwords in a single location but also provides password management flexibility features such as password rotation, password expiration, and password complexity enforcement for strong password security.

Features

  • Remote password synchronization.
  • Privileged account discovery.
  • Centralized password vault.
  • Automated password reset.
  • Access and activity reports.

Pros

  • Helps with security audits and regulatory compliance such as SOX, HIPAA and PCI.
  • Real-time alerts and notifications.
  • Password recovery.
  • Secure offline access.

Cons

  • It’s more expensive than similar password managers.

Pricing

ManageEngine Password Manager allows businesses to choose a subscription plan, perpetual plan or get a quote.

The enterprise pricing starts at $3,995 for 10 administrators.

Dashlane: Best for cross-platform compatibility

Dashlane logo.
Image: Dashlane

Dashlane is a password management tool that allows users to access and manage passwords across different devices and platforms. It has an unlimited, secure password-sharing feature that allows users to share passwords while maintaining total control. This means that access to shared passwords can be revoked at any time. For enhanced security, the tool includes dark web monitoring and the ability to auto-send alerts in case of a data breach. Additionally, Dashlane allows users to generate strong passwords with a single click and automatically fills them in whenever needed, streamlining the log-in process. Dashlane also integrates with popular identity management solutions like Okta, Duo and OneLogin.

Figure E

Cross-platform accessibility in Dashlane.
Cross-platform accessibility in Dashlane.

Why we chose Dashlane

Dashlane made it to our list for its inclusion of a VPN feature for Wifi protection and a limitless secure password-sharing feature.

Features

  • Unlimited secure password sharing.
  • Cross-platform accessibility.
  • One-click passwords and forms.
  • Dark web monitoring and alerts.
  • Password generator.

Pros

  • Personalized security alerts.
  • Real-time phishing alert.
  • Integrates with popular IAM providers like Okta and Duo.
  • Supports role-based permissions.
  • Provides contextual breach alerts.

Cons

  • Lacks desktop application.

Pricing

Enterprise users have the option to choose either the Dashlane business plan or the enterprise plan.

  • Business: Starts at $8 per seat per month (billed annually).
  • Enterprise: Contact the vendor for a quote.

View: Dashlane vs 1Password

See also: Dashlane Review

NordPass: Best for cross-browser compatibility

The Nordpass logo.
Image: Nordpass

NordPass’s password manager helps users check for leaked data, identify vulnerable passwords and recommend stronger ones, share passwords and passkeys among teams and provide an option to protect accounts with biometric security. The shared folders feature allows team members to securely share company information and sensitive data stored in their vaults, making it easy to collaborate across teams.

With its cross-device and browser compatibility, businesses can easily sync their passwords across computers, tablets or phones and all popular browsers. In addition, the solution can help users detect passwords stored in their browsers automatically and import them instantly into the software.

Figure F

NordPass password health audit.
NordPass password health audit.

Why we chose NordPass

NordPass made it to our list due to its intuitive security dashboard where business owners and password administrators can check for weak, reused and old passwords, plus the inclusion of a data breach scanner on the dashboard for easy password breach scans. Also noteworthy is their great customer support; they responded to my query in less than two minutes.

Features

  • Data breach scanner.
  • Supports passkeys.
  • Password health audit.
  • Encrypted vault.
  • Cross-device and browser accessibility.

Pros

  • Users can save unlimited passwords.
  • Biometric login.
  • Ability to detect passwords stored in browsers.
  • Cross-platform compatibility.

Cons

  • The Business plan lacks SSO with IAMs like MS ADFS, Okta and Microsoft Entry ID.
  • There is no free trial period for enterprise users.

Pricing

NordPass offers three pricing plans for business users.

  • Teams: Max of 10 users and starts at $1.79 per user/month for a two-year plan and $1.99 per user/month for a one-year plan.
  • Business: From $3.59 per user/month for a two-year plan and  $3.99 per user/month for a one-year plan, max of 250 users.
  • Enterprise: From $4.10 per user/month for a two-year plan and $4.50 per user/month for a one-year plan.

Keeper: Best for large organizations

The Keeper logo.
Image: Keeper

Keeper is a password management solution that offers encrypted vaults for every user. It provides users with an organizational structure with folders and subfolders, along with shared team folders. With Keeper, users can access their encrypted vaults from an unlimited number of devices. In addition, Keeper has a policy engine and enforcement feature that guarantees compliance with security protocols, while its Security Audit and Activity Reporting features offer insights into password usage and user actions.

There is also BreachWatch, a dark web monitoring feature that constantly scans employees’ password vaults for passwords that have been exposed to the dark web and alerts security teams for immediate response.

Figure G

Keeper dark web monitoring.
Keeper dark web monitoring.

Why we chose Keeper

We were impressed with Keeper’s emphasis on ease of use, combined with strong security measures like secure file storage, secrets manager and role-based access controls for large organizations.

Features

  • Command Line Provisioning.
  • Multi-factor authentication.
  • Event log and notification.
  • Security audits.
  • Active Directory and LDAP synchronization.
  • Single sign-on (SAML 2.0) authentication.

Pros

  • Easy to set up.
  • Automatically notifies users of any vulnerability issues.
  • Offers developer APIs.
  • Offers compliance reporting.
  • Secret manager capability.
  • Keeperchat for encrypted workplace messaging.

Cons

  • Slow customer support response time.

Pricing

Keeper offers three pricing plans for its business and enterprise users.

  • Business Starter: Starts at $2 per user per month, max of 10 users (billed annually).
  • Business: Starts at $3.75 per user per month (billed annually).
  • Enterprise: Contact Keeper for a custom quote and availability.

View: Keeper vs LastPass

Zoho Vault: Best for access control

The Zoho logo.
Image: Zoho

Zoho Vault uses AES 256 encryption for all user passwords and allows users to store unlimited passwords, both personal and enterprise, in one vault. It automatically logs users into saved websites and auto-fills passwords with a single click. Additionally, Zoho allows users to define user roles and manage access privileges as necessary. It supports team collaboration with its secure password-sharing feature, which allows users to share passwords across groups. During our review, we discovered that Zoho Vault allowed us to set up a password policy and create custom alerts.

Figure H

Zoho Vault dashboard.
Zoho Vault dashboard.

Why we chose Zoho Vault

Zoho Vault is featured on our list due to its capacity to help businesses store not just passwords in a secure vault but also other sensitive business documents, like admin keys, licenses and credentials in the vault.

Features

  • Password vault.
  • Supports single sign-on.
  • Supports secure password sharing.
  • Offers real-time audits.
  • Provides data backup.
  • Provides role-based access.
  • Offers multi-factor authentication.

Pros

  • Password autofill and automatic login.
  • Allows users to restrict access from unauthorized IP addresses.
  • Regular data backups.
  • Allows add-on features.

Cons

  • No live chat support on the website.

Pricing

Zoho Vault offers two pricing plans for enterprise users.

  • Professional: Starts at $4.50 per user per month (billed annually).
  • Enterprise: Starts at $7.20 per user per month (billed annually).

See also: Best password managers for Mac and iOS

Key features of enterprise password managers

Below are the key features to look for when choosing enterprise password managers:

Access control management

Administrators have the ability to define specific access controls within the password manager, determining who can access particular passwords and sensitive information. This ensures that only authorized personnel can access critical accounts and data, reducing the risk of unauthorized access and potential breaches.

Audit trails and reporting

Detailed audit trails help track password-related activities, providing administrators with visibility into password usage, changes and other relevant actions. These logs promote accountability, facilitate compliance auditing and help identify suspicious activities.

Single sign-on integration

With SSO, employees can access multiple applications and services using a single set of credentials. This helps improve convenience and user experience while maintaining security.

Password sharing

In enterprise environments, teams often need to share passwords for shared accounts or projects. This feature allows authorized users to securely share passwords with colleagues or teams.

Multi-factor authentication

MFA adds an extra layer of security by requiring employees to provide additional verification, such as a fingerprint scan, hardware token or one-time password, in addition to their password. By integrating MFA, enterprise password managers enhance the overall security of the authentication process, making it significantly more difficult for attackers to gain unauthorized access, even if passwords are compromised.

How to choose the best enterprise password manager for your business

When choosing an enterprise password manager for your business, consider the following factors:

Assess security features and encryption standards

Look for a password manager that implements encryption and follows industry best practices for data protection. Consider features such as end-to-end encryption, strong encryption algorithms and secure password-sharing mechanisms.

Evaluate compatibility and integration

Ensure that the password manager integrates smoothly with your existing infrastructure and applications. Look for compatibility with different operating systems, browsers and devices. Additionally, check if it supports integration with your organization’s SSO or identity management solutions.

Consider scalability and user management

Evaluate the scalability of the password manager to ensure it can accommodate the number of users in your organization. Check if it provides user management capabilities, such as user roles and permissions, to facilitate efficient administration and access control.

Review user experience and accessibility

Choose a password manager with a user-friendly interface to ensure easy adoption by employees. Consider features like browser extensions, mobile apps and offline access options to enhance accessibility and usability.

Check for audit and compliance capabilities

For businesses operating in regulated industries, ensure that the password manager provides audit logs, reporting features and compliance with relevant security standards. These capabilities are essential for demonstrating compliance during audits and maintaining regulatory requirements.

Methodology

To curate this list of the best enterprise password managers, we looked at some important features that every password manager should have for enterprise purposes. We prioritized products that offer features such as SSO, password sharing, multi-factor authentication, centralized password management and cross-platform compatibility. We also gathered more information from each vendor’s website, first-hand experience, video demos and user feedback from third-party review platforms.


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