The Best Password Managers for Businesses 2025

Password managers can help businesses by generating and securely storing complex, unique passwords for every account, which minimizes the risks associated with data breaches and unauthorized access.

Our top picks for small businesses are 1Password, Bitwarden, LastPass, NordPass, and Dashlane. These password managers provide comprehensive security features and boast user-friendly interfaces and competitive pricing, making them the ideal choice for businesses seeking to bolster their online security posture. We think 1Password is the top choice due to its proprietary security features.

Learn more about our experience with these recommended security solutions and which password manager is right for your business. 

The best password managers for businesses 2025

Password managers are essential for businesses of any size. They help secure access to sensitive information, protect accounts from data breaches, and ensure compliance with regulatory standards. While many password management solutions are available, not all offer the same levels of security and convenience. Below is a list of some of the best business password managers based on our experience.

• 1Password: Best for comprehensive security features
• Bitwarden: Best for budget-conscious businesses
• LastPass: Best for password sharing and team collaboration

Top 3 password managers for businesses compared

Password manager
Star rating	4.9 AllAboutCookies writers and editors score products based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.	4.8 AllAboutCookies writers and editors score products based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.	3.8 AllAboutCookies writers and editors score products based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.
Starting price	Teams Starter Pack for $19.95/mo (up to 10 users)	Teams for $4/mo per user	Teams for $4.00/mo per user
Password sharing
Encryption	AES-GCM-256	AES 256-bit	AES 256-bit
Password generator
Password strength report
Autofill
Compatibility	Windows, macOS, Linux, Android, iOS	Windows, macOS, Linux, Android, iOS	Windows, Linux, Android, iOS
Learn more	See 1Password Pricing	See Bitwarden Pricing	See LastPass Pricing

We thoroughly tested and evaluated password managers by considering a range of essential features crucial for small businesses. We believe these features are vital for businesses to ensure the security and efficient management of sensitive data.

• Security: We looked at encryption standards, two-factor authentication, and other security measures to ensure that stored data is well protected.
• Ease of use: A user-friendly interface is essential for quick adoption and seamless daily usage by all team members.
• Cross-platform compatibility: We considered password managers that work well on various platforms and offer various browser extensions, ensuring accessibility for every team member, regardless of the device they use.
• Password sharing: The ability to securely share passwords among team members is essential for collaboration and efficient workflow.
• Pricing: We accounted for the pricing plans and the availability of a free version to ensure affordability for businesses of different sizes.

By evaluating these features, we narrowed down our top three password managers, offering the best solutions for small businesses.

1Password: Best for comprehensive security features

Who it’s best for

1Password is an ideal choice for small business owners and employees who prioritize robust security features, appreciate an intuitive user interface, and require seamless integration with multiple platforms. This password manager caters to users who manage multiple accounts, collaborate with teams, and need to securely share sensitive data.

What we liked

1Password stands out due to its comprehensive password security offerings. Your data is protected with AES 256-bit encryption, which is the industry standard for encryption.

The Watchtower feature is a particularly valuable addition, as it proactively monitors users' accounts and alerts them to potential security breaches or weak passwords that need to be changed into strong passwords. This ensures businesses can take quick action to minimize the risk of unauthorized access to their sensitive data. Watchtower even notifies you of accounts that support two-factor authentication (2FA); that way, you can turn it on and keep your passwords safe.

What we didn’t like

While 1Password offers a wide range of security features and an intuitive user interface, one potential drawback for small businesses might be the absence of a free version. For those with very limited budgets, this could be a deciding factor when choosing a password manager.

Read Our 1Password Review

Bitwarden: Best for budget-conscious businesses

Who it’s best for

Bitwarden is an ideal solution for small businesses seeking a secure and reliable password manager while on a budget. With its open-source nature and transparent security model, Bitwarden provides a cost-effective solution without compromising on essential features.

It's perfect for businesses that require password management tools — such as password sharing, password generation, secure storage, and two-step login — but also want to minimize their expenses while maintaining a high level of security for their digital assets.

What we liked

We were particularly pleased by Bitwarden's open-source platform, which promotes transparency and continuous enhancement of its security features. This open-source nature fosters user confidence while also allowing the community to contribute to its growth. Bitwarden's low cost and free version make it a viable option for enterprises of all sizes, even those with few resources.

What we didn’t like

While Bitwarden offers a strong feature set, it lacks some of the sophisticated capabilities seen in commercial password managers such as 1Password. For example, it does not provide a security dashboard like 1Password's Watchtower, which monitors and notifies users of potential security breaches and insecure passwords.

Read Our Bitwarden Review

LastPass: Best for password sharing and team collaboration

Who it’s best for

LastPass is ideal for small businesses looking for a feature-rich password manager that combines convenience and security. It is suitable for those who require seamless integration with various devices and the ability to manage and share passwords easily among team members.

With its intuitive interface and extensive features, LastPass caters to businesses that need to maintain high levels of security while ensuring ease of use for employees.

What we liked

LastPass impressed us with its complete collection of features tailored to small organizations, making it an ideal choice for improving online security. The platform's user-friendly interface enables a seamless connection with numerous devices, making it easy for staff to maintain and securely exchange passwords. It also provides several options for multi-factor authentication (MFA), such as biometrics, authenticator apps, one-time passwords, and more.

In addition, LastPass's admin dashboard provides an impressive selection of customizable settings. This includes options to assign different levels of permissions and access rights, allowing admins to control who has access to what information. These features have proven useful in our experience when dealing with employees who need privileged access to systems or confidential customer data.

LastPass also offers dark web monitoring to monitor your accounts for breached information; it sends you alerts if it has been compromised.

What we didn’t like

One noteworthy source of concern for users is its history of previous data breaches, which may cause fear for some consumers. Although LastPass has already taken steps to improve its security, it is still critical to be careful and diligent when choosing any password manager.

LastPass has another drawback: the free version has limited functionality compared to its premium counterpart, which may be a concern for small businesses with tight budgets. The free plan doesn't allow password sharing, which is an essential feature for team collaboration, forcing users to upgrade to a paid plan to access this feature.

Read Our LastPass Review

Honorable mentions

We'd also recommend NordPass and Dashlane for small enterprises based on their ease of use, security features, and extras.

NordPass

NordPass is a cloud-based password manager developed by Nord Security, the trusted cybersecurity name behind NordVPN. This password manager offers secure password storage, a password generator, autofill capabilities, and the ability to share passwords securely with team members. NordPass also includes a zero-knowledge architecture, ensuring your company data remains private and secure, as only you hold the decryption key. The Teams plan is $1.79/mo per user.

Read Our NordPass Review

Dashlane

Dashlane is a well-known password manager that offers password creation, autofill capabilities, and safe password sharing with team members. Dashlane also has a digital wallet for storing and managing online payment methods and a virtual private network (via HotSpot Shield VPN) for increased privacy protection when browsing the web. Despite its outstanding feature set, Dashlane didn’t make our top three because of its higher pricing point for business plans, which can be a major worry for small enterprises on a tight budget. Its Standard plan is $20.00/mo (up to 10 users). 

Read Our Dashlane Review

FAQs

Bottom line

Based on our experience, the top three password managers for small businesses are 1Password, Bitwarden, and LastPass. We think 1Password is the best overall because of its advanced security features like Watchtower.

Bitwarden provides a cost-effective and transparent open-source solution. LastPass stands out for its feature-rich platform that combines convenience and security for seamless password management.

3 best password managers for businesses 2025

	Starting price	Best for	Learn more
	Teams Starter Pack for $19.95/mo (up to 10 users)	Best for comprehensive security features	See 1Password Pricing Read 1Password Review
	Teams for $4/mo per user	Best for budget-conscious businesses	See Bitwarden Pricing Read Bitwarden Review
	Teams for $4.00/mo per user	Best for password sharing and team collaboration	See LastPass Pricing Read LastPass Review