Password Management System Software

TrustRadius Top Rated for 2023

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LastPass for Business

LastPass is a password management application to simplify access to enterprise applications for users but also increase centrality and ease of management of access for administrators with task automation, convenient and secure password sharing, and other features.

Password Genie

Password Genie is a password management application providing smart login and advanced customization, form fill and backup, and 2 step verification, among other features, from NRTC Managed Services (formerly SecurityCoverage).

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WatchGuard AuthPoint

AuthPoint Total Identity Security provides businesses with a solution to protect user accounts and credentials. With multi-factor authentication, password management, and dark web credential monitoring, AuthPoint mitigates the risks associated with workforce credential attacks.…

LastPass for Business

LastPass is a password management application to simplify access to enterprise applications for users but also increase centrality and ease of management of access for administrators with task automation, convenient and secure password sharing, and other features.


AgileBits in Toronto offers 1Password, a password manager available to both private individuals and businesses, touting a unique approach to multi-factor authentication to improve security.

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Dashlane is a password management solution designed to enable admins to easily onboard, offboard, and manage their employees with the assurance that company data is safe. And employees can enjoy a way to manage their work and personal accounts with a solution boasting millions of…

IT Glue

IT Glue, a Kaseya company since the December 2018 acquisition, is an information management platform that allows for efficient storage and retrieval of all the documentation an organization needs to help their MSP run better. By integrating PSA and RMM data, the vendor says they…


Keeper's password security and management platform boasts millions of people and thousands of businesses as users, who manage, secure and enforce strong passwords across all employee logins, applications and sites. Employees can access Keeper natively on all mobile operating systems,…


Device42 is a comprehensive, agentless discovery system for Hybrid IT. Device42 can continuously discover, map, and optimize infrastructure and applications across data centers and cloud, in order to provide an accurate views of the IT ecosystem. Device42 intelligently groups discovered…


KeePass is an open source password manager which secures passwords in a database locked with a master password or key file.

Password Genie

Password Genie is a password management application providing smart login and advanced customization, form fill and backup, and 2 step verification, among other features, from NRTC Managed Services (formerly SecurityCoverage).

SailPoint Identity Platform

SailPoint Identity Security for the cloud enterprise manages risk from the explosion of technology access. The solution gives businesses visibility while automating and accelerating the management of all user identities, entitlements, systems, data and cloud services.

Delinea Secret Server

Secret Server (originally from Thycotic, now from Delinea since the 2021 Thycotic merger with Centrify) is an enterprise password management application, which is available with either a cloud-based or on-premise deployment which emphasizes fast deployment, scalability, and simplicity.…

ManageEngine Password Manager Pro

ManageEngine Password Manager Pro is the Zoho Corporation's password management solution for small and medium sized businesses and enterprises alike.

Passly by ID Agent

Passly from ID Agent, a Kaseya company and the service that replaces the former AuthAnvil, is an identity and access management (IAM) platform providing two-factor authentication, single sign-on (SSO) and password management.


RoboForm for Business is a secure, intuitive, and easy-to-use password automation and centralized management solution for businesses and government agencies around the world. Our software helps your company organize logins and passwords, making your password generation, storing, and…

Avatier Identity Anywhere

The vendor aims to deliver seamless workforce access while maintaining security. Avatier Identity Anywhere is a passwordless IGA solution that includes: user self service and HR driven lifecycle management universal workflow experience with push notificationservice catalog with…

Zoho Vault

The Zoho Corporation offers Zoho Vault, their password management application for teams supporting credential-free convenient login and safe access share between members of a team.


Bitwarden headquartered in Santa Barbara offers open source password management solutions for individuals, teams, and business organizations.

Devolutions Hub

Devolutions Hub (formerly Devolutions Password Hub) is presented as an enterprise-grade password management security, with an intuitive and optimized user experience, that serves as a secure and cloud-based password manager for teams that enables organizations to vault and manage…

BeyondTrust Privileged Identity (Legacy)

BeyondTrust Privileged Identity (formerly Bomgar Privileged Identity, an updated version of Lieberman RED) is an enterprise privileged credential management solution, password generator, featuring disconnected account management.

GateKeeper Proximity

GateKeeper Enterprise by Untethered Labs is automated password management, authentication, and auditing. It is designed so that IT admins can eliminate password and authentication problems with hands-free computer and website access through proximity-based 2FA. Instead of authenticating…

NordPass Business

NordPass Business is a password manager for SMBs and Enterprises to help optimize the company’s workflow and boost productivity. What can you do with NordPass Business?Securely store business and personal information like passwords, bank cards, shipping addresses, private notes, and…

Specops Password Auditor

Specops Password Auditor is a password audit tool available that scans Active Directory and identifies password-related vulnerabilities. The collected information generates multiple interactive reports containing user and password policy information. Specops Password Auditor is a…

SaferPass Business

Managing user authentication and account access for a department or team within a company can now be owned by the team. The tool aims to reduces the additional cost and downtime of waiting for IT support that have become a routine in most companies. Benefits of using SaferPass Business,…

Self Service Reset Password Management

The Self Service Reset Password Management, or SSRPM, application from Tools4ever is a self-serve password management application that allows end users to manage their password (e.g. a forgotten password) in a secure fashion without alerting the IT help desk.

Specops Password Policy

Specops Password Auditor is a free tool that scans your Active Directory, and detects security-related weaknesses, such as weak password policies and the use of leaked passwords. The vendor says that the tool allows IT departments to gauge their password security posture, by identifying…

Password Management System Software TrustMap

TrustMaps are two-dimensional charts that compare products based on trScore and research frequency by prospective buyers. Products must have 10 or more ratings to appear on this TrustMap.

Learn More About Password Management System Software

What is Password Management Software?

Password management software provides a secure tool for users to stash, generate, and manage their passwords for local and web-based applications. Users access these passwords through an encrypted vault on the user’s device or via a plugin or extension on a web browser and no longer have to waste time searching or trying to remember the vast number of passwords for all the applications they need for work or personal use. Password management tools are also used by IT administrators to safely distribute passwords for shared accounts across teams of individuals and to set password standards (such as a minimum password strength or mandated password changes).

Many software applications are solely dedicated to password management. However, password management systems can also be one of many features included in Identity Management Solutions. IMS suites offer a fuller array of identity-related features such as Single Sign On and Multi-Factor Authentication that most often include more advanced features than a Password Manager tool.

Password Management Software Features

Password management systems should have many, or all, of the following features:

  • Compliance and Policy Enforcement
  • Sign-in attempt review
  • Firewall rules
  • Two-factor authentication
  • Self-service password reset
  • Admin Console
  • Random Password Generator

Password Management Software Comparison

Consider these factors when comparing password managers:

  • Type and amount of storage: Password managers can differ in how passwords are stored and the amount of storage available. Basic subscriptions generally offer very limited data storage which may be fine for individual users, but may prove to be insufficient for enterprise use cases. Furthermore, depending on the security and compliance requirements of an organization, a cloud or device-based storage option may be best.
  • Password sharing: One standard difference between basic and premium subscriptions to password management tools is that basic subscriptions tend to only allow one-to-one sharing, whereas their premium counterparts allow for one-to-many sharing.
  • Device access: How many devices will you need to access your passwords on? Some subscriptions allow access only on a single device while others allow unlimited access.

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Pricing Information

Pricing for password management products is determined by the type of user (personal vs. business) and the level of access (standard vs. premium). Vendors sometimes offer free plans for individual users with limited available features. For paid individual plans, users can expect to pay something between $10-$40 dollars for a basic plan and $40-$60 for a premium plan. Premium plans generally consist of more extensive sharing and security features. Business plans tend to be more expensive but more feature-inclusive. A typical basic plan for business will cost between $25-$50, whereas a premium plan will cost between $60-$100. Some vendors also offer custom pricing for business clients. Most vendors also offer a free trial period of at least two weeks for both individual and business users.

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Frequently Asked Questions

What does Password Management Software do?

Password Managers store and manage the passwords for web-based and local applications. They also enable businesses to manage and distribute passwords for accounts shared across an organization.

What are the benefits of using a Password Management System?

Password management systems release users from the burden of having to remember passwords for every single application they use for work or otherwise. From a business perspective, this saves time and money as employees no longer waste time trying to remember or access their passwords; and it adds an extra layer of security to sensitive data.

How much does Password Management Software cost?

Many Password management vendors offer a free solution for individual users that comes with a limited set of basic features. For more extensive use cases, a single seat on a basic plan can be purchased for $10-$50 per year, and premium plans for $40-$100 depending on whether it is for personal use or business.