Password Manager Software

Password Manager Software Overview

Password manager 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 manager 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 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.

Top Rated Password Manager Products

TrustRadius Top Rated for 2022

These products won a Top Rated award for having excellent customer satisfaction ratings. The list is based purely on reviews; there is no paid placement, and analyst opinions do not influence the rankings. Read more about the Top Rated criteria.

Password Manager 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.

Password Manager Products

(1-25 of 55) Sorted by Most Reviews

The list of products below is based purely on reviews (sorted from most to least). There is no paid placement and analyst opinions do not influence their rankings. Here is our Promise to Buyers to ensure information on our site is reliable, useful, and worthy of your trust.

LastPass for Business

LastPass, a GoTo (formerly LogMeIn) company, 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,…

1Password

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.

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…

Device42
Customer Verified
Top Rated

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…

Keeper

Keeper secures passwords, documents and sensitive digital assets, and boasts millions of users. With Keeper, businesses can auto-generate high-strength passwords, protect sensitive files in an encrypted digital vault, securely share records with teams and integrate with SSO, LDAP…

KeePass

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

Dashlane

Dashlane in New York offers their flagship application for simplified login and password management, boasting an easy deployment for their business-class product.

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.

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.…

RoboForm

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

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

Devolutions Password Hub

Password Hub from Devolutions 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 business-user passwords,…

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…

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.

SaferPass Password Manager for SMB

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,…

StealthINTERCEPT

StealthINTERCEPT, an evolution of STEALTHBITS Enterprise Password Enforcer supporting high security password creation, the ability to detect and prevent the creation of previously exploited passwords, rejection of user log in credentials, and other password policy enforcement features.…

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.

Password Genie

SecurityCoverage in Cedar Rapids offer Password Genie, a password management application providing smart login and advanced customization, form fill and backup, and 2 step verification, among other features.

SplashID

Salexo Software (alternately known as SplashData) in Los Gatos offers SplashID, their flagship password manager emphasizing flexible synchronization rules and record keeping with automated backup.

oneSafe

French company Lunabee Studio offers oneSafe, a password manager emphasizing mobile security and access.

Avira Password Manager

Avira Password Manager generates and remembers secure passwords. Extra safeguards available include touch and face ID login, 2-factor authenticated login, and secrets (e.g. payment card information, notes, etc) storage.

AWS Secrets Manager

AWS Secrets Manager enables users to rotate, manage, and retrieve secrets throughout their lifecycle, making it easier to maintain a secure environment that meets security and compliance needs. With Secrets Manager, administrators pay based on the number of secrets stored and API…

BeyondTrust Password Safe

BeyondTrust offers Password Safe, powered by Power broker, an enterprise ready password management and privileged session application.

Learn More About Password Manager Software

What is Password Manager Software?

Password manager 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 manager 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 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 Manager Software Features

Password managers 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 Manager 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 Manager 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.


Start a password manager comparison here

Pricing Information

Pricing for password manager 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 Manager 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 Password Manager Software?

Password manager solutions 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 Manager Software cost?

Many Password manager 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.