Password Management System Software
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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 bu…
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 only once to log in to a com… |
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, as provided by the vendor:…
Passwork supports teamwork by keeping corporate passwords in a safe environment where employees can quickly access their passwords, while the rights and actions are closely supervised and managed by local system administrators.
All data is encrypted using the AES-256 algorithm while being securely stored on an on-premise server and managed solely by system administrators. Passwork runs on PHP and MongoDB and can be installed on Windows and Linux, with or without Docker.…
Password Management System Software TrustMap
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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.
Start a password management system comparison here
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.