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Once upon a time, the only ways to share passwords for your small business were via unprotected emails or post-it notes spread around the office. Those days are over, which is good news for both safety and convenience. That just means you can look forward to the ease of use and safety of a password manager. Let’s look at why it’s a good idea and a few options you can trust to help you make a decision. Try these Best Password Managers for Small Business.
The best Password Managers for Small Business make it easy to keep track of passwords for teams and groups in your business. Password managers for business are a great way to improve the security of a business and make it easier to store and protect complex passwords for each account. With the growth of SaaS and cloud applications, each employee now has to manage hundreds of different accounts, each of which needs a unique, secure password.
Best Password Managers for Small Business
Zoho Vault
The Enterprise tier has a password access control feature that lets management give and take away employee access to data that is password protected. Other important features for large organisations include single sign-on for cloud apps and a user audit system that lets administrators see all password-related activity as it happens.
Zoho Vault for Business is great for administrators who want to share passwords, manage users, and get detailed reports on how users are using their credentials and how well the passwords are working. This is one of the best Password Managers for Small Business that you can download Zoho Vault from here right now.
Features
Pros
- Handles multipage logins
- Imports passwords from browsers
- Substantial free plan
Cons
- Lacks web form filling
1Password
With 1Password’s business tools, it’s easy for team members to share credentials in a safe way. Each employee has access to a vault and can use a private link to share their own passwords with other employees or people from outside the company.
Companies that make their employees share their login information often will like that users can set the expiration to one view, one hour, one day, seven days, 14 days, or 30 days to control who can access the shared login information.
Features
Pros
- Slick and attractive mobile apps
- Intuitive password organization
- Supports multi-factor authentication
Cons
- Form filling is clunky and unreliable
- Limited import options
Dashlane
For business users, Dashlane comes with an easy-to-use reporting dashboard that shows your team’s overall password health score and the number of weak, reused, or compromised passwords. With the Admin Console, you can add new team members and manage their permissions.
With Smart Spaces, employees can keep their work and personal passwords separate. Dashlane has a 30-day free trial for all of its business plans. This includes the $5 per user per month Team plan and the $8 per user per month Business plan. The main difference is that the Business plan has more advanced authentication features.
Features
Pros
- Sleek interface
- Powerful central dashboard
- Free personal accounts for staff
- Single Sign-On
Cons
- Expensive
Keeper
Keeper keeps your data safe with AES 256-bit encryption and a “zero-knowledge” architecture. This means that not only will hackers not be able to get to your passwords, but neither will Keeper’s technical support team, since they can’t get into your vault. Keeper comes in a number of different plans, such as for an individual, a family, or a business.
Their Business plan starts at $3.75 per user per month and comes with role-based controls, auditing and event reporting, multi-factor authentication, and even HIPAA and GDPR compliance. Each employee has their own password vault, but they can easily share login information with other team members by making shared folders.
Features
Pros
- Easy-to-use interface
- Tight security
- Admins can implement all sorts of policies
Cons
- Limited free version
NordPass
When looking for the best business password management software, NordPass is another strong contender. It is very safe, easy to use, has a lot of support, and costs less than some other services. Biometric authorization and optical character recognition (OCR) scanning are two of the things we like most about NordPass.
These features save you time and make it easy for you to use NordPass. Another business-oriented feature of the platform is the ability to share passwords. This makes it a great choice for organisations. We also like the platform’s zero-knowledge security architecture, which uses the end-to-end XChaCha20 encryption algorithm to make sure data is never compromised.
Features
Pros
- Affordable
- Biometric authorization
- OCR scanning
- End-to-end XChaCha20 encryption
Cons
- Pricier than competition
- Free version cannot be used on multiple devices simultaneously
LastPass
LastPass is one of the best password managers on the market, and for good reason. LastPass is a great choice for business password management because it has a number of features that are useful for businesses, a high-quality security framework, and an interface that is easy to understand and use.
LastPass has features that are standard in the industry, like creating passwords, emergency access, one-touch login, and automatic password syncing. It also has enterprise-specific features, like sharing passwords and giving administrators more control. LastPass is great for medium and large organisations because it has single sign-on and multi-factor authentication.
Features
Pros
- Several business-oriented products available
- Best-in-class admin controls
- End-to-end encryption of all data
Cons
- Expensive
Bitwarden
Bitwarden is an open-source password manager. This means that anyone can look at its source code. Bitwarden has a community of active users who can answer questions and give tips on how to use it best. This is a great addition to the customer service offered by the vendor. Bitwarden has many of the same features as other password managers, but it costs less because it is an open-source tool.
Its Teams plan, which costs $3 per user per month, has all the usual business features. It also has a few features that most only offer at higher tiers, like directory integration and enhanced MFA. Every plan for Bitwarden comes with 1GB of encrypted file storage and encrypted messaging. The only way to get these features is to pay extra for them, like with Keeper.
Features
Pros
- Cheap enterprise capabilities
- Customizable policies
- Family plans work for all enterprise users
Cons
- Business interface is outdated
- No single security dashboard
RoboForm
In the world of software, cost and ease of use seem to be at odds with each other, and RoboForm is a great example of this. RoboForm has some of the most affordable prices for businesses, but its interface can be confusing at best for new users. The web app admin console and its password management extension do a lot of different things.
Most employees won’t notice that difference between RoboForm’s sides, which is a good thing. It’s easy to install the app or extension, and saving new logins or notes works like it does in other apps. RoboForm’s features are the same for all tiers with less than 1,000 users, so you get the same support and capabilities from the start.
Features
Pros
- Cheap, tiered pricing
- Fine-grain controls
- Excellent email support
Cons
- Unintuitive business backend
- Overly simple extension user interface
FAQs
Can small businesses use LastPass family?
All employees with a business account who have LastPass Business can now also use LastPass Families. Employees can make their own LastPass account and, as the Family Manager, invite up to 5 family members and friends to use it.
Are password managers easily hacked?
Yes, is the short answer. You can get into password managers. But just because cybercriminals can “get in” doesn’t mean they can get your master password or other information. Your password manager keeps your information safe by encrypting it.
Which is better 1Password or LastPass?
Most people would be better off with 1Password than with LastPass. There isn’t much difference between the two apps in terms of how they work, where they are available, and how much they cost, so 1Password is the easy choice because it has more security and is more open.
Which password manager has never been hacked?
NordPass is one of the best and safest ways to keep track of your passwords. No one has ever broken through it. All of your passwords will always be safe and secure because of zero-knowledge architecture, complicated authentication methods, and advanced encryption.