Best Password Managers for Business

What is the Best Password Manager for Business users? If you want a password management and identity solution for your business, Priorities differ compared to individual users and families. More emphasis goes to management options, different access levels and provisioning, more stress on 2FA and other security solutions and so on. In this article, we have selected the top 3 solutions for businesses who look for a decent password manager.

The Best Password Managers for Business users

As usual, if you are very curious, and don’t want to read through the whole review, her’s are top 3 picks in order.

Keeper

Editor's Pick
$ 2
49
per month per user
  • Industry compliance with HIPAA, DPA, FINRA, GDPR
  • Version Control and Record History
  • Policy engine and enforcements
  • Shared team folders
Best Overall

LastPass

Editor's Pick
$ 4
00
per month
  • Several packages to choose from
  • Trusted by over 42000 Businesses
  • Simple management
  • Flexible integrations
Best Overall

Roboform

Unbeatable Price
$ 2
78
per month
  • Even more savings if contracted for 3 or 5 years
  • Simple to use for employees
  • Secure Vaults
  • Several entry types
Second best

What were we looking at when selecting the Best Password Managers for Businesses

The Top 3 Best Password Managers for Businesses - Detailed

Best Password Manager for Business users: Keeper

Works on

Pros

Cons

4.32/5
4.3/5

Keeper Business and Enterprise Evaluation

Keeper really impressed us with their offer for individuals, but when it comes to businesses, it is all that we want from a password manager. For Businesses, you’ll have Encrypted vault for every user,Security audits,Activity reporting,Shared team folders,Team management options, Access from unlimited devices,Policy engine and enforcements,Basic Two-Factor Authentication (SMS, TOTP, smartwatch and FIDO U2F), But for Enterprise users, the amount of features are even larger: Single Sign-On (SAML 2.0) authentication, Automated Team Management, Advanced Two-Factor Authentication (DUO & RSA), Active Directory and LDAP sync, SCIM and Azure AD provisioning, Email auto-provisioning,Command line provisioning, and even Developer APIs for password rotation and backend integration. For these reasons, we think that every business or enterprise would find Keeper a very tempting solution.

2nd Best Password Manager for Business Users: LastPass

Works on

Pros

Cons

4.32/5
4.3/5

LastPass evaluation:

LastPass is a very popular choice for Businesses and Enterprises, and for a good reason: The parent company, LogmeIn is all about b2b services, so knowing what businesses need is natural for this company. The reason LastPass did not finish first on our list is the price: It is significantly more expensive than Keeper,  Especially the Enterprise solution. The Teams Package contains a vault for every user, shared folders, standard security policies, a basic reporting interface. The Enterprise plan (which is recommended for more than 50 users include all this, plus integrated SSO with 1200+ pre-integrated SSO apps, 100+ customizable policies, Flexible integrations, and In-Depth Reporting. Again, these are stellar options, but we would go with Keeper because of the price factor. 

3rd Best Password Manager for Business users: Roboform

Works on

Pros

Cons

4.46/5
4.5/5

Roboform evaluation:

If you want a password manager only, with unbeatable prices, Roboform is your business choice. You can select from several plans (from 1 to 5 year commitments) making this already cheap solution even more viable. Surely, it does not have all the bells and whistles like other password managers (like Keeper or LastPass), but business plans still include Centralized employee onboarding, Policy deployment, Secure group sharing,Role-based access permissions,  Additional 2FA, Active directory integration, Password Audits, Advanced reporting, and dedicated Tech support. What’s not to like about that?

Honorable mentions

Although they didn’t made it into our Top 3, if you want to check out some alternatives, we suggest taking a look at Dashlane or Zoho Vault. These are also great business options, but did not make it to our top 3.

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