Things like audit logging, reports, and alerts aren’t exactly the sexiest features of any software tool.

Some vendors even support capabilities like password management for VPN software, on-premises apps, or RADIUS servers. We’re talking about the ability to handle authentication using the Security Assertion Markup Language (SAML) standard, a step above simply filling login form fields, and dynamic authentication policies that can make sure your users are using a registered device or are attempting to log in from an accepted geographic location. Some business password managers have more advanced authentication capabilities. Things like the ability to synchronize with LDAP or Active Directory or the option to leverage authentication from cloud services like Office 365 or Google Workspace are features that could streamline deployment of the password manager to your users. Other authentication capabilities you should look for in a business password manager are squarely business features. (Think of it like a lock box for physical keys.) MFA is a key feature for both personal and business accounts because it forms the basis of securing all your various accounts.

Password managers for business should fill some of the same needs as those designed for individual use, including multi-factor authentication (MFA) or even passwordless authentication. Tools to manage password policies are a must-have and should include the ability to manage complexity rules and change requirements. Some vendors covered here include capabilities to automatically provision and de-provision user access to applications based on their group membership. Enterprise password manager features to look forįor starters, businesses will need administrative capabilities to manage multiple users and applications. Each offers features that should bring value to your business and enhance the security posture of your users. Not all business password managers have feature parity with each other in some cases it’s not even close. It starts with knowing what features are available in the business password manager space so you have something to compare against. Determining which features are critical to your business isn’t necessarily difficult. Īs with any business software decision, the password manager discussion starts with requirements, specifically regarding features. Your organizational needs will differ wildly from security-conscious personal users, but the good news is that the key password management players all have made their solutions suitable for the business world.

Most of the options were originally designed for individual users. Enterprise-class password managers have become one of the easiest and most cost-effective ways to help employees lock down their online accounts.

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